To schedule a showing of 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!

$799,000 Reduced -$25,900
1854 Highland Park Drive UNIT A-F
Lake Wales, FL 33898
  • 6Beds
  • 8.00Total Baths
  • 0 Full, 0 HalfBaths
  • 4,264SqFt
  • 1923Year Built
  • 0.99Acres
  • MLS# K4902471
  • Income
  • MultiFamily
  • Active

  • Approx Time on Market2 years, 2 months, 29 days
  • Area33898 - Lake Wales
  • CountyPolk
  • Subdivision Highland Park Sub

Overview

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!)



Agriculture / Farm

Association Fees / Info

Community Features:  Golf, Playground, Park, Sidewalks, StreetLights

Pets Allowed:  Yes

Association Amenities:  Playground, Park

Bathroom Info

Total Baths:  8.00

Building Info

Roof:  Other, Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Patio:  Deck, Patio, Porch, Balcony

Exterior Features:  Balcony, OutBuildings, Other, RainGutters, Storage

Fees / Restrictions

Financial

Gross Income:  82,188

Expense Tenant:  Electricity

Original Price:  $899,000

Garage / Parking

Green / Env Info

Interior Features

Floors:  Carpet, CeramicTile, Wood

Levels:  Two

Laundry Features:  CommonArea, Inside, LaundryRoom

Interior Features:  CeilingFans, LivingDiningRoom, SplitBedrooms

Appliances:  Dryer, ElectricWaterHeater, Range, Refrigerator, RangeHood, Washer

Lot Info

Direction Remarks:  From Lake Wales, travel south on Scenic Hwy, turn left into Village of Highland Park, road forks, stay right. Continue through neighborhood keeping right, property is on the right side of the road.

Lot Size Units:  Acres

Lot Size Acres:  0.99

Lot Sqft:  43,085

Est Lotsize:  100X370

Lot Desc:  DeadEnd, GentleSloping, Landscaped, OutsideCityLimits

Misc

Other

Other Structures:  Sheds, Storage, Outbuilding

Special Conditions:  None

Other Rooms Info

Property Info

Section:  13

Class Type:  MultiFamily

Property Attached:  Yes

Construction Materials:  Stucco, WoodFrame

Stories:  2

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  4,264

Bulding Area Sqft:  4,660

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  69

Tax Legal Description:  HIGHLAND PARK SUB PB 4 PG 70 S13 T30 R27 IN SEC 24 T30 R27 IN SEC 18 T30 R28 IN SEC 19 T30 R28 LOT 69 & ST SOUTH OF SAME & RIPARIAN RIGHTS

Tax Annual Amount:  12067

Tax Book Number:  4-70

Unit Info

Total Units:  6

Total Actual Rent:  6,849

Unit:  A-F

Utilities / Hvac

Heating:  Baseboard, Electric

Water Source:  Private

Sewer:  SepticTank

Cool System:  WallWindowUnits, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  LakeFront, LakePrivileges

View:  Yes

Water Body Name:  LAKE EASY

View:  Lake, Water

Directions

From Lake Wales, travel south on Scenic Hwy, turn left into Village of Highland Park, road forks, stay right. Continue through neighborhood keeping right, property is on the right side of the road.

This listing courtesy of Legacy Real Estate Center Inc 

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on davidshippey.com since Wed, Mar 20th 2024)
  • Original Price: $899,000
  • Current Price: $799,000
  • Price Reduced: $100,000
Date ChangedFromTo
05/27/2026$824,900 $799,000 Reduced by $25,900
01/21/2026PendingActive
01/09/2026ActivePending

Broker Reciprocity The information being provided by © 2026 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 06-18-2026 7:51 PM EST.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. This real estate website and IDX data is hosted by IDX data is Powered & Hosted by Dynamic IDX, LLC Real Estate Web Solutions

If you have any questions on 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida, please call David Shippey at 863-521-4517.


MLS# K4902471 located at 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida is brought to you by David Shippey REALTOR®

1854 Highland Park Drive UNIT A-F, Lake Wales, Florida has 6 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida is K4902471.
The price for 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida is $799,000.
The status of 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida is Active.
The subdivision of 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida is Highland Park Sub.
The home located at 1854 Highland Park Drive UNIT A-F, Lake Wales, Florida was built in 2026.