$749,000
 $4,021 est/mo Sourced by Back At You

315 Ridge Manor Dr,LAKE WALES, FL 33853

LAKE WALES, FL 33853

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Description

Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don't miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting-making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you're expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled-secure your opportunity today!

Details

MLS #K4903360
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1926
Days On Site217
Listing Provided ByLEGACY REAL ESTATE CENTER INC | Dolores Vogel

Features

Bed(s)6
Bath(s)12
SQ Feet5,030
Story(s)1
Units11
ZoningR-2
Acreage0.79

Taxes

Property9928

Area Information

StateFL
CountyPolk
CityLAKE WALES
Zip Code33853
Area33853 Lake Wales South
Community NameRIDGE MANOR
Listing VS Median (in RIDGE MANOR)
Price:
$749,000
low | high
Med:
$275,000
100% of Average
sqft:
5,030
low | high
Med:
1,782
100% of Average
$ / sqft:
$149
low | high
Med:
$154
46.363876114655% of Average
On site:
217
low | high
Med:
32
100% of Average
Sourced by Back At You

Market Activity 33853

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 23, 2026 at 11:21:12 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPolk
CityLAKE WALES
Zip Code33853
Area33853 Lake Wales South
Community NameRIDGE MANOR
Listing VS Median (in RIDGE MANOR)
Price:
$749,000
low | high
Med:
$275,000
100% of Average
sqft:
5,030
low | high
Med:
1,782
100% of Average
$ / sqft:
$149
low | high
Med:
$154
46.363876114655% of Average
On site:
217
low | high
Med:
32
100% of Average
Sourced by Back At You
Listing Updated: October 22, 2026 at 5:55:38 PM PDT
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