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Patrick DeFeo

contactdefeo@gmail.com +1(941) 518-0708

$ 1,650,000

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244 E PARK AVE Lake Wales, FL 33853

8,480 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,480 sqft

Price per Sqft $194

Subdivision Lake Wales

MLS Listing ID K4903016

Construction Status Completed

HOA Y/N No

Year Built 1915

Annual Tax Amount $7,207

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi Family

Source Stellar MLS

New Construction false

Property Description

Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick-and-mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917. This amazing piece of architecture is home to one of the few mixed-use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well-appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm! The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape - complete with brick paved streets, lush park-like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity! The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!

Location

State FL

County Polk

Community Lake Wales

Area 33853 - Lake Wales South

Zoning C-1

Interior

Heating Central

Cooling Central Air

Flooring Tile

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Utilities Available Public, Water Connected

Roof Type Built-Up

Building

Lot Description Curb and Gutters, Historic District, City Limits, Sidewalk, Street Lights, Paved

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Construction Status Completed

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/K4903016

Listed by LEGACY REAL ESTATE CENTER INC

Patrick DeFeo

Agent | CQ266503493

+1(941) 518-0708

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Patrick DeFeo

244 E PARK AVE Lake Wales, FL 33853

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244 E PARK AVE