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    244 Park Avenue
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    PRICED AT ONLY: $1,650,000

    Address: 244 Park Avenue, LAKE WALES, FL 33853

    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!
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    •   Principal & Interest -
    •   Property Tax $
    •   Home Insurance $
    •   HOA Fees $
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    • MLS#: K4903016 ( Commercial Sale )
    • Street Address: 244 Park Avenue
    • Viewed: 556
    • Price: $1,650,000
    • Price sqft: $195
    • Waterfront: No
    • Year Built: 1915
    • Bldg sqft: 8480
    • Days On Market: 294
    • Additional Information
    • Geolocation: 27.9025 / -81.5872
    • County: POLK
    • City: LAKE WALES
    • Zipcode: 33853
    • Subdivision: Lake Wales
    • Provided by: LEGACY REAL ESTATE CENTER INC
    • Contact: Dolores Vogel
    • 863-676-0200
    • mfrmls
    • DMCA Notice
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Flooring: Tile
    • Living Area: 8480.00
    • Roof: Built-Up
    Property Information
    • Property Condition: Completed
    Land Information
    • Lot Features: Curb and Gutters, Historic District, City Limits, Sidewalk, Street Lights, Paved
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    Eco-Communities
    • Water Source: Public
    Utilities
    • Carport Spaces: 0.00
    • Cooling: Central Air
    • Heating: Central
    • Road Frontage Type: Business District, City Street
    • Sewer: Public Sewer
    • Utilities: Public, Water Connected
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 139122.00
    • Other Expense: 0.00
    • Tax Year: 2025
    Other Features
    • Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Hallway(s)
    • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    • Country: US
    • Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 28 LOTS 2 & 3
    • Area Major: 33853 - Lake Wales South
    • Parcel Number: 27-30-01-883000-028020
    • Possession: Close Of Escrow
    • Views: 556
    • Zoning Code: C-1
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