FL
Polk
LAKE WALES
33853
646 BEVERLY DRIVE 646 and 648
646 BEVERLY DRIVE 646 and 648, LAKE WALES, FL 33853
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Listing Type
Multi Family
Listing Status
Active
37
$275,000

Home Details for 646 BEVERLY DRIVE 646 and 648

Price
$275,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Square feet
1782
Year built
1983
Lot size acres
0.26
County
Polk
MLS Listing#
L4965188
Property Description

Virtually Staged. INVESTMENT OPPORTUNITY in Lake Wales! This well-constructed brick duplex presents an excellent opportunity to acquire an income-producing property with additional value-add potential. The property consists of two spacious 2-bedroom, 1-bath units, each offering an oversized driveway for ample off-street parking and access to a fenced-in backyard. The durable brick construction and solid foundation provide a strong starting point for continued ownership and improvement. Several significant updates have already been completed. Unit 648 features an AC system, water heater, and luxury vinyl plank flooring installed approximately two years ago. The property was also updated with new plumbing approximately two and a half years ago, and the septic tank and drain field were replaced approximately four and a half years ago. One unit is currently rented, while the second unit is vacant and provides an opportunity for an investor to renovate, lease, and increase overall income potential. With approximately $30,000 in potential annual rental income when fully occupied, this property offers the opportunity to combine existing rental income with future upside through strategic improvements. Located in Lake Wales, the property provides convenient access to local shopping, dining, schools, parks, and major roadways, making it a practical location for both residents and rental tenants. A solid opportunity for an investor seeking a two-unit property with established improvements and room to add value.

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Property Features
  • Heating Information
    • Central
    • Electric
  • Utilities
    • Cable Available
    • Electricity Available
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • House Interior
    • Eat-in Kitchen
  • Parking
    • Driveway
Listing Courtesy: KELLER WILLIAMS REALTY SMART 1 - 863-508-3000
Listings courtesy of Stellar MLS as distributed by MLS GRID. 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-09-21 18:20:30
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EXIT REALTY 4CORNERS
49503 Hwy 27 Unit B, Davenport, FL 33897
Office
863 344 3948
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