To schedule a showing of 315 Ridge Manor Drive, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!
$799,000 | 6 beds | N/A full baths | N/A half baths | 5,030 sqft
Lake Wales, FL 33853
- 6Beds
- 12.00Total Baths
- 0 Full, 0 HalfBaths
- 5,030SqFt
- 1926Year Built
- 0.79Acres
- MLS# K4903360
- Income
- Quadruplex
- Active
- Approx Time on Market3 months, 3 days
- Area33853 - Lake Wales South
- CountyPolk
- Subdivision Ridge Manor
Overview
Exceptional 11-Unit Income Opportunity with Strong Rental Appeal!Dont 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 commutingmaking 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 youre expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduledsecure your opportunity today!
Agriculture / Farm
Association Fees / Info
Bathroom Info
Total Baths: 12.00
Building Info
Window Features: WindowTreatments
Roof: Other, Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Patio: Patio, Porch, Screened
Exterior Features: Storage
Fees / Restrictions
Financial
Gross Income: 101,524
Original Price: $799,000
Garage / Parking
Green / Env Info
Interior Features
Fireplace Desc: LivingRoom
Fireplace: Yes
Levels: One
Laundry Features: CommonArea, LaundryRoom, Outside
Interior Features: WindowTreatments
Lot Info
Direction Remarks: From Hwy 27 travel south to Lake Wales, turn east onto Central Ave, turn right onto First Street, turn left onto Ridge Manor Drive, property is on the corner of Exmor and Ridge Manor Drive.
Lot Size Units: Acres
Lot Size Acres: 0.79
Lot Sqft: 34,360
Misc
Other
Special Conditions: None
Other Rooms Info
Basement: CrawlSpace
Property Info
Section: 11
Class Type: Quadruplex
Property Sub Type: Quadruplex
Construction Materials: Stucco, WoodFrame
Stories: 1
Foundation: Crawlspace
Human Modified: Yes
Sqft Info
Sqft: 5,030
Bulding Area Sqft: 5,205
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 7
Tax Legal Description: RIDGE MANOR SECOND UNIT PB 19 PG 16 BLK 11 LOTS 4 THRU 6 & PT OF LOT 7 DESC AS: BEG SE COR NLY TO NE COR W 30 FT SLY 151.95 FT TO POB
Tax Block: 11
Tax Annual Amount: 9928
Tax Book Number: 19-16
Unit Info
Total Units: 11
Total Actual Rent: 9,290
Utilities / Hvac
Heating: Electric, SpaceHeater
Water Source: Public
Sewer: SepticTank
Cool System: WallWindowUnits
Cooling: Yes
Heating: Yes
Utilities: ElectricityConnected, Propane, MunicipalUtilities
Waterfront / Water
Directions
From Hwy 27 travel south to Lake Wales, turn east onto Central Ave, turn right onto First Street, turn left onto Ridge Manor Drive, property is on the corner of Exmor and Ridge Manor Drive.This listing courtesy of Legacy Real Estate Center Inc
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MLS IDX data last updated on 06-23-2026 5:59 PM EST.
If you have any questions on 315 Ridge Manor Drive, Lake Wales, Florida, please call David Shippey at 863-521-4517.
MLS# K4903360 located at 315 Ridge Manor Drive, Lake Wales, Florida is brought to you by David Shippey REALTOR®
315 Ridge Manor Drive, Lake Wales, Florida has 6 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 315 Ridge Manor Drive, Lake Wales, Florida is K4903360.
The price for 315 Ridge Manor Drive, Lake Wales, Florida is $799,000.
The status of 315 Ridge Manor Drive, Lake Wales, Florida is Active.
The subdivision of 315 Ridge Manor Drive, Lake Wales, Florida is Ridge Manor.
The home located at 315 Ridge Manor Drive, Lake Wales, Florida was built in 2026.