Video tour
$1,900 Closing Credit¹
#S5112452, Dominique Anthony, Listing Office: WATSON REALTY CORP.
$225,000 List price
627 Washington Ave Lake Wales, FL 33853
$2,672
Closing credit¹
0 beds
2,096 sqft
0.1 acres
$107 / sqft
Multi-Family
Property details
About 627 Washington Ave
Under contract-accepting backup offers. Looking for an investment opportunity? Well look no further! This duplex is nestled in the beautiful city of Lake Wales. There are tenants currently occupying both units, so you can begin to generate revenue on day one! This property’s generous lot, quiet location, and convenient access to the major interstate roads make it an ideal rental option for tenants seeking flexibility and potential income. Each unit is 2 bedroom and 1 bathroom and are both nearly 1,152 living sq. ft. With monthly rents totaling $2,600 and an annual gross income of $31,200. So call today to get in on the action before this amazing opportunity slips away! NO FLOOD ZONE, NO CDD, NO HOA. Don’t miss this unique opportunity—contact me today to schedule a showing!
Highlights
Home typeDuplex
HeatingCentral
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air
Size2,096 sqft
Lot size0.13 Acres
Year built1966
MLS #S5119695
Summary
- MLS Number: S5119695
- MLS Name: MFRMLS
- Office Name: TRANSCONTINENTAL REALTY GROUP,
- Office Phone: (407) 401-8522
- Listing Agent: Carlos Matos
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
627 Washington Ave
$2,672
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
3
Janie Howard Wilson School
Public Charter PK-5
0.4 mi
•306 Florida Ave
4
Spook Hill Elementary School
Public District PK-5
0.9 mi
•321 Dr J A Wiltshire Ave E
3
Polk Avenue Elementary School
Public Charter PK-5
1.3 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. The majority of Lake Wales, FL residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
75%
<35k
20%
35k-100k
3%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Sonic
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Ford
What do the neighbors listen to?
Oldies- Contemporary Inspirational
New Country
All data provided by Home Junction and Claritas
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This home is located at 627 Washington Ave in Lake Wales, FL and zip code 33853. This 2,096 square foot home, which was built in 1966, sits on a 0.13 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $225,000.
Lake Wales, FL housing market in February 2025 saw over 4 listings sold above listed price, more than 13 sold at listed price and over 23 sold below. In February 2025 in Lake Wales, FL there were 11.3% more homes for sale than in January. Listings spent 103 days on the market in February 2025, and had a median list price of $280,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.