318 S 1ST STREET, LAKE WALES, FL 33853
TWIN LAKE PARK SUB · Polk County
Key Facts
Description
GREAT LOCATION! 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. Don’t wait—schedule your private tour today and bring your vision to life! Seller financing available.
Property Information
Property Type
Commercial Lease
Sub-Type
Office
Year Built
1938
Stories
1
Living Area
1,336 sq ft
Lot Size
0.14 acres
Lot Dimensions
50x125
Zoning
C-2
Days on Market
286
MLS® Listing#
P4936541
Property Features
Cooling
Heating
Basement
Construction
Utilities
Financial Details
Annual Taxes
$2,617
Tax year 2024
Parcel Number
27-30-02-903500-007102
Directions
From Highway 27, head east on W Polk Ave (Route 60). Turn left onto S 1st Ave, and the property will be on your left.
Affordability Calculator
$3,600
Estimated monthly payment
$96/mo
Principal $14,400 · Est. interest $20,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in LAKE WALES, FL
- $340,778
- Median Listing Price
- 81
- Median Days on Market
- 1,619
- Median Sq Ft
- $202
- Median Price / Sq Ft
- 2,452
- Active Listings
- This home’s price is 95% below the area median.
- Its price per sq ft is 93% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in LAKE WALES, FL.
Location
Points of Interest in LAKE WALES, FL
Showing the LAKE WALES area map.
Nearby Schools
Polk Avenue Elementary School
Elementary · 0.1 mi away
Lake Wales Charter Schools
School · 0.3 mi away
Park Avenue Private School
School · 0.4 mi away
Candlelight Christian Academy
School · 0.6 mi away
Kirkland Gymnasium
School · 0.7 mi away
McLaughlin Middle School
Secondary · 0.7 mi away
Spook Hill Elementary
Elementary · 1.0 mi away
Roosevelt Academy
School · 1.0 mi away
Victory Ridge Academy
School · 1.3 mi away
Hillcrest Elementary School
Elementary · 1.4 mi away
Janie Howard Wilson Elementary
Elementary · 1.4 mi away
Lake Wales High School
Secondary · 1.5 mi away
The Vanguard School
School · 2.7 mi away
Bok Academy
School · 5.1 mi away
Babson Park Elementary School
Elementary · 5.9 mi away
Chain of Lakes Elementary School
Elementary · 6.8 mi away
Alturas Elementary School
Elementary · 7.7 mi away
Garden Grove Elementary School
Elementary · 8.0 mi away
Dundee Ridge Middle School
Secondary · 8.2 mi away
Phoenix Christian Academy
School · 8.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 212 Impatiens Street, Lake Placid, FL | $12,900 | — | — | — |
| 442 FLETCHER AVENUE, LAKE PLACID, FL | $12,900 | — | — | — |
| 536 Nevada Avenue, Lake Placid, FL | $12,900 | — | — | — |
| 7128-02-02-0160, LAKE HELEN, FL | $12,900 | — | — | — |
| 517 Dreamland Ave, Lake Placid, FL | $12,900 | — | — | — |
| 536 Nevada Avenue, Lake Placid, FL | $12,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in LAKE WALES
Listing Courtesy: HUT REALTY, LLC - 407-559-2929
Last Updated: 2025-10-01