236 Washington Ave Lake Wales, FL 33853
Property details
About 236 Washington Ave
Amazing opportunity to expand your real estate holdings in fast-growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
Highlights
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 8
- Appliances: Cooktop, Range, Refrigerator
- Flooring Type: Tile
- Interior: Open Floorplan
- Total Bedroom Count: 16
- Private Pool: No
- Exterior: Courtyard
- Heating: Electric
- Cooling: Wall/Window Unit(s)
- List Price: $725,000
- Price/SqFt: $175
- HOA Amount: $0
- Annual Tax Amount: $2,132
- Tax Year: 2023
- Directions: Take US Highway 27 South to Washington Ave, turn L. Drive .7 miles and the complex is at the intersection of Washington and C St.
- Year Built: 1950
- Stories: 1
- Living Area: 4,123 SqFt
- Lot Size: 0.35 Acres
- MLS Number: O6243795
- MLS Name: MFRMLS
- Office Name: ALABAMA LLC
- Office Phone: (407) 674-1852
- Listing Agent: Erich Spivey
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Last updated on: 6/11/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
236 Washington Ave
$8,609
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 10, 2016 | Home Sold | $87,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $795,600 | $2,132 |
2022 | $58,047 | $2,302 |
2021 | $55,693 | $2,302 |
History based on county public records data.
Nearby schools
3
Janie Howard Wilson School
Public Charter PK-5
0.3 mi
•306 Florida Ave
4
Spook Hill Elementary School
Public District PK-5
0.5 mi
•321 Dr J A Wiltshire Ave E
3
Polk Avenue Elementary School
Public Charter PK-5
1.2 mi
•110 E Polk Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,107. Most Lake Wales, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Frequently asked questions
About 236 Washington Ave
The listing price of 236 Washington Ave property is $725,000.
The property 236 Washington Ave is a multi located in Lake Wales, Florida, 33853.
Active Listing: 236 Washington Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 236 Washington Ave are: Janie Howard Wilson School (GreatSchools Rating 3/10), Spook Hill Elementary School (GreatSchools Rating 4/10), Polk Avenue Elementary School (GreatSchools Rating 3/10), Edward W Bok Academy North (GreatSchools Rating 5/10), McLaughlin Middle School (GreatSchools Rating 2/10), Bok Academy (GreatSchools Rating 6/10), Roosevelt Academy (GreatSchools Rating 2/10), Lake Wales Senior High School (GreatSchools Rating 4/10), Don E Woods Opportunity Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $2,132 (source: MLS/based on county public records data).
The last sale was on August 10, 2016 for $87,000 (source: MLS/tax record).
The property 236 Washington Ave is 4,123 SqFt (source: MLS/tax record).
The year of construction for 236 Washington Ave is 1950.
This home is located at 236 Washington Ave in Lake Wales, FL and zip code 33853. This 4,123 square foot home, which was built in 1950, sits on a 0.35 acre lot. Features: 16 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $725,000.
Over 8 listings were sold over their listed price in May 2025 in Lake Wales, FL. In the same period over 31 listings were sold below the listed price and 10 listings were sold for the listed price. In May 2025 in Lake Wales, FL there were 2.5% less homes for sale than in April. Listings spent 78 days on the market in May 2025, and had a median list price of $284,997 during the same period.