9035 Temple Dr, Lake Wales, FL 33898

MULTIFAMILY. CANAL FRONTAGE. PRIME LOCATION Located in eastern Lake Wales, Florida, this multifamily property lot offers canal frontage leading to the largest lake in Polk County with a sprawling 7,528 acres and trophy bass fishing, Lake Walk In Water. The property consists of three separate residences: Unit A: A two-bedroom, one-bath single wide mobile home (1983, 728 sq ft) with a mini-split AC system. This unit is currently occupied, generating $900 per month. Unit B: A one-bedroom, one-bath concrete block apartment (1975, 485 sq ft) with windows on three sides, painted concrete floors and tile walls, small kitchenette and a private dock on the canal. This unit is currently vacant, presenting an immediate opportunity to place a tenant and increase cash flow. It was previously rented for $600 per month. Unit C: A three-bedroom, two-bath completely updated single wide mobile home (1989, 924 sq ft) with a mini-split AC system, large master bedroom with a walk in closet and built in office. This unit is occupied, generating $1,175 per month. The property has two electric meters serviced by FPL: Unit A and B share a meter and Unit C has own meter. There is one well providing water and two separate updated 2019 septic systems: Unit B has own septic and Unit A and C share septic. The drainage field was updated in 2019. The tenants' rent includes lawn care, one garbage can, and septic service. With Unit B currently vacant, you have the potential to boost your returns from day one. The property’s R-3 zoning combined with its prime location on a beautiful canal, 3 blocks from Walk In Water Boat Ramp and an established rental history, this investment is a compelling addition to any portfolio and an excellent opportunity in Polk County. The property is listed twice: Multi-Unit Investment MLS #317338 and Residential MLS #317344