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For sale
$299,900

318 S 1st St, Lake Wales, FL 33853

1beds
1,336sqft
: 
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Single Family Residence
Built in 1938
1,336 Square Feet Lot
$275,900 Zestimate®
$224/sqft
$-- HOA

What's special

Excellent street visibilityHigh-speed fiber optic internetSpacious kitchenWelcoming reception areaBathroom with shower
GREAT LOCATION! NEW ROOF 2025! SELLER FINANCING 20% DOWN! OFFICE/RESIDENTIAL OPTION! The property is zoned commercial and offers the option to convert the rear portion into a 1-bedroom residential unit (featuring a separate electric meter) ideal for mixed-use commercial and residential flexibility. Exceptional Commercial Property, OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office. With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it's designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane. Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Seller financing and private financing available. Seller financing available with 20% down payment, 10% interest, 10 year term, no prepayment penalty. Don't wait-schedule your private tour today and bring your vision to life! Seller financing available.
78 days
|
47
|
4
|

Zillow last checked:

Listing updated:

Listed by:

Daniel Hut 844-504-4844,

Hut Team Realty LLC

Source: My State MLS,MLS#: 11685497

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Den, First Floor Bathroom, First Floor Master Bedroom, Kitchen
    Kitchen
    • Features: Open, Other Counters
    Basement
    • Area: 0
    Heating
    • Electric, Other
    Cooling
    • Central
    Features
    • Flooring: Hardwood, Tile
    • Basement: Crawl,No Access
    • Has fireplace: No
    Interior area
    • Total structure area: 1,336
    • Total interior livable area: 1,336 sqft
    • Finished area above ground: 1,336
    Video & virtual tour

    Property

    Features
    • Stories: 1
    • Has view: Yes
    • View description: Street
    Lot
    • Size: 1,336 Square Feet
    Details
    • Parcel number: 273002903500007102
    • Lease amount: $0

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Masonry - Concrete Block, Stucco Siding, Vinyl Siding, Wood Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Electric: Amps(0)

    Community & HOA

    Community
    • Features: Storage
    HOA
    • Has HOA: No
    • Amenities included: Storage
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $224/sqft
    • Annual tax amount: $2,617
    • Date on market: 4/3/2026
    • Date available: 04/03/2026
    • Listing agreement: Exclusive
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      Estimated market value

      $275,900

      $259,000 - $290,000

      $985/mo

      Price history

      DateEventPrice
      4/3/2026Listed for sale$299,900$224/sqft
      Source: My State MLS #11685497 Report a problem

      Public tax history

      Tax history is unavailable.

      Monthly payment

      Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33853

        Getting around

        68 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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