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401 DOMARIS AVENUE

Commercial Recently Sold
$1,150,000

BTC: 18.71816386

ETH: 658.64833906

Sold on: 2021-01-18
86 days
0 room(s)
16,754 sqft

Overview

22 units total. 10 units with 2 bed./1 bath, 12 units with 1 bed./1 bath. Community is fully occupied, solid block concrete, located on the South 4th street from East Hwy 60. 3 minutes to Publix shopping center, 5 minutes to Walmart shopping center, 5 Mins to downtown Lake Wales. Current average rent for 2 bed 1 bath $700, 1 bed 1 bath $575. The current rent much below market value, lots of potential for new owner to increase rent. Very low maintenance cost and expenses, Tenants pay electricity with separate meter, owner pays Tax, Water, Dumpster, Insurance & Maintenance. Please do not disturb tenants, call agent, showing after executed contract.

Location

Florida • LAKE WALES • 33853 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
13 to 18 Spaces
Year Built:
1970
Lot:
1.46 Acres
Heating:
Central Individual / Electric
Price/sqft:
$90
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$13,209
2019
All facts and features

  • Flooring

    • Ceramic Tile

    Heating

    • Central Individual

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Refrigerator

  • Parking

    • 13 to 18 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 1.46 Acres

    Other Property Information

    • Parcel Number: 273011917510001030

    • Zoning: C-2

  • Type and style

    • Property Type: Commercial Sale

  • Utility

    • Electricity Available

    • Public

  • Other financial information

    • Annual tax amount: $13,209

  • Source details

    • MLS ID: O5881078

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Living Area: 16754

    • Subdivision Name: COLONIAL HEIGHTS RESUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33853
137
median $239K
Active
Same city
LAKE WALES
695
median $199K
Active
Same type
Commercial
23
median $439K
Active
Similar price
$1.1M – $1.9M
13
median $1.4M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: YANG REALTY INC