26 W POLK AVENUE, LAKE WALES, FL, 33853
Active831 days on marketListed May 8, 2024MLS #L4944606
About this home
26 W POLK AVENUE
***HUGE PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!
Facts & features
The home at a glance
4
Bedrooms
1,740
Sqft
0.3 ac
Lot size
1925
Year built
$172
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.
$2,249 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$2,249/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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
$172 vs $174
Days on market
831 vs 54 typical
Where $172/sqft sits among the 360 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 Twin Lake Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
Twin Lake Park — neighborhood snapshot
Population
356
Median age
35
Median income
$2,076
Median home value
$103,206
Avg household
3
Households w/ children
35%
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)
169 of 360
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 32% above the LAKE WALES 33853 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 26 W POLK AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$230,000
937 MARCI DRIVE
3 bd · 2 ba · 1,753 sqft · $131/sqft · 24 DOM
Sold · Sep ’25$240,000
236 E SEMINOLE AVENUE
3 bd · 2 ba · 1,757 sqft · $137/sqft · 52 DOM
Sold · Jul ’26$268,000
817 WILDABON AVENUE
3 bd · 2.5 ba · 1,773 sqft · $151/sqft · 155 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
Shawn Headley
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 26 W POLK AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 26 W POLK AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
26 W POLK AVENUE FAQs
What would the monthly payment be for 26 W POLK AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,249/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 26 W POLK AVENUE?+
The most recent tax bill on record (2023) was $2,291. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Wales?+
At $299,900, this home is listed about 18% above the Lake Wales median of $254,445. The market section on this page shows how the area is trending.
Which schools are assigned to 26 W POLK AVENUE?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary), Bartow Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$299,900 runs 32% above the LAKE WALES 33853 median — but at 1,740 sqft it's also 21% larger than the typical Lake Wales listing.
02Time on market is leverage
831 days on market against a Lake Wales median of 54 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $499,900, now $299,900 — a $200K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY SMART 1 · Matt Mesimer. MLS #L4944606.
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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