1854 HIGHLAND PARK DRIVE S UNIT A-F, LAKE WALES, FL, 33898
Active883 days on marketListed Mar 20, 2024MLS #K4902471
About this home
1854 HIGHLAND PARK DRIVE S UNIT A-F
PRICE IMPROVEMENT!! Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx. $6850. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)
Facts & features
The home at a glance
6
Bedrooms
4,264
Sqft
0.99 ac
Lot size
1923
Year built
Two
Levels
$187
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,777 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,777/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lake Wales actives
$187 vs $171
Days on market
883 vs 57 typical
Where $187/sqft sits among the 353 Lake Wales actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Wales
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33898 — neighborhood snapshot
Population
18,426
Median age
46.9
Median income
$54,778
Median home value
$161,500
Avg household
2.51
Households w/ children
1,790
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $271K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
173 of 353
Lake Wales actives have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 471% above the LAKE WALES 33898 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 1854 HIGHLAND PARK DRIVE S UNIT A-F
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$119,000
1830 E GEORGIA STREET · same community
3 bd · 1 ba · 1,292 sqft · $92/sqft · 74 DOM
Sold · Dec ’25$270,000
1165 FAIRVIEW AVENUE · same community
3 bd · 2 ba · 1,227 sqft · $220/sqft · 47 DOM
Sold · Jan ’26$169,000
1115 S VIRGINIA AVENUE · same community
3 bd · 1 ba · 968 sqft · $175/sqft · 124 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kamilla Pagotto
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1854 HIGHLAND PARK DRIVE S UNIT A-F — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1854 HIGHLAND PARK DRIVE S UNIT A-F — before you fall in love.
See it in person
Schedule a tour
Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1854 HIGHLAND PARK DRIVE S UNIT A-F FAQs
What would the monthly payment be for 1854 HIGHLAND PARK DRIVE S UNIT A-F?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,777/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1854 HIGHLAND PARK DRIVE S UNIT A-F?+
The most recent tax bill on record (2025) was $12,067. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1854 HIGHLAND PARK DRIVE S UNIT A-F?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Wales?+
At $799,000, this home is listed about 209% above the Lake Wales median of $258,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1854 HIGHLAND PARK DRIVE S UNIT A-F?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$799,000 runs 471% above the LAKE WALES 33898 median — but at 4,264 sqft it's also nearly 3 times the size of the typical Lake Wales listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
883 days on market against a Lake Wales median of 57 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $899,000, now $799,000 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LEGACY REAL ESTATE CENTER INC · Dolores Vogel. MLS #K4902471.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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