Refine Search

244 E Park Avenue, Lake Wales, FL 33853

$1,650,000

79 Total Photos [Click to View All]

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!

244 E Park Avenue | MLS# K4903012

This multi-family property located at 244 E Park Avenue, Lake Wales, FL 33853 is currently listed for sale with an asking price of $1,650,000. Search Lake Wales real estate on patsybradley.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.12 Acres
Roof Type: Built-Up
Taxes: $8,696
Year Built: 1915
Square Feet: 8,480

Amenities

Ceiling Fans(s)
Elevator
High Ceilings
Walk-In Closet(s)
Lighting
Other
Sidewalk

Feature Descriptions

Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Hallway(s)
Annual Net Income: 121122.00
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Days on Site: 263
Directions: From Hwy 27, turn east onto Central Ave, turn left onto Scenic Hwy, turn left onto Park Ave, second building on the left.
Exterior: Brick
Fireplace: Decorative, Gas, Living Room, Primary Bedroom
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Tile, Wood
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.12
Ownership: Fee Simple
Parking: On Street
Parking Notes: On Street
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Security: Fire Sprinkler System, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Units: 6
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Zoning: C-1

Listed By / Shown By

Listed By

Agency Name: LEGACY REAL ESTATE CENTER INC
Agency Contact: 863-676-0200

Shown By

Agent Name: Patsy Bradley
Agent Phone: (386) 689-4849
Agency Title: Watson Realty Corp., REALTORS ®

IDX logo

Estimate Your Payment

Estimated Payment

$ 9,549.21 per month $8,343.30 Principal & Interest $724.67 Property Tax $481.25 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/07/2026. The listing information on this page last changed on 04/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/07/2026 3:31:05 AM EST) or GAMLS (last updated Mon 04/06/2026 11:14:57 PM EST) or Stellar MLS (last updated Tue 04/07/2026 1:58:51 AM EST) or SPC MLS (last updated Mon 04/06/2026 11:20:24 PM EST) or Martin MLS (last updated Mon 04/06/2026 11:38:10 PM EST) or Indian River MLS (last updated Mon 04/06/2026 11:30:19 PM EST) or Daytona MLS (last updated Mon 04/06/2026 11:36:49 PM EST) or Northeast Florida MLS (last updated Tue 04/07/2026 12:18:41 AM EST) or Beaches MLS (last updated Tue 04/07/2026 2:36:03 AM EST) or BORMLS (last updated Mon 04/06/2026 11:14:45 PM EST) or Golden Isles MLS (last updated Mon 04/06/2026 11:26:35 PM EST) or Amelia/Nassau MLS (last updated Mon 04/06/2026 11:25:12 PM EST) or Dixie Gilchrist Levy MLS (last updated Mon 04/06/2026 11:42:16 PM EST) or NFLMLS (last updated Mon 04/06/2026 9:04:15 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel