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318 S 1ST STREET

For Sale
$18,000

BTC: 0.27692308

ETH: 10.00000000

-$6K (2025/11/10)
241 days
0 room(s)
1,336 sqft

Overview

GREAT LOCATION! Exceptional Commercial Property, OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office. With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it’s designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane. Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Don’t wait—schedule your private tour today and bring your vision to life! Seller financing available.

Location

Florida • LAKE WALES • 33853 • For Sale

Details

Type:
Commercial Lease
Parking:
No Data
Year Built:
1938
Lot:
0.14 Acres
Heating:
Central / Electric
Price/sqft:
$13
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$205,000
$92K – $297K
Confidence Low
List vs. estimate
$187K below estimate
List $18,000 · -91.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$13
-92.3% vs. city median $174
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,617
2024
All facts and features

  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

  • Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 273002903500007102

    • Zoning: C-2

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Office

  • Utility

    • Electrical Nearby

    • Electricity Available

    • Public

    • Sewer Nearby

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,617

  • Source details

    • MLS ID: P4936541

    Other facts

    • Construction Materials: Concrete / Stucco / Vinyl Siding / Wood Frame

    • Foundation Details: Crawlspace

    • Living Area: 1336

    • Lot Size Dimensions: 50 x 125

    • Subdivision Name: TWIN LAKE PARK SUB

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
134
median $239K
Active
Same city
LAKE WALES
695
median $199K
Active
Similar price
$12K – $23K
20
median $18K
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: HUT REALTY, LLC