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436 E PARK AVENUE

Multi-family Recently Sold
$1,568,000

BTC: 16.50508942

ETH: 418.43013978

Sold on: 2023-07-03
84 days
21 bds
11,834 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

IT’S ALL ABOUT THE LOCATION! We are pleased to present this phenomenal investment opportunity to acquire The Court of Seven Chimneys Apartments. This unique and fully rented apartment complex comprises 21 apartments, court yard, laundry facility and a parking lot. There are 20 Studio Apts. with original hardwood flooring, coved ceilings, picture rail molding, Murphy Beds, fireplaces (nonworking), separate eat-in kitchens, closet/storage area and French doors to front & back screen rooms. A spacious loft apartment is above the rotunda entry into the court yard, it is flanked by the dual wings of the building. The Loft apartment allows for formal living area adorned with wood floor, window seats, fireplace, walk-in closet, full bath and circular stairs to an upstairs bedroom with large area, ideal for sitting area and storage. These delightful dwellings offer abundant natural light, elegant details while still serving renters and providing comfortable living quarters. This beloved 1925 building stands across from the Crystal Lake Park offering scenic views of the lake, garden paths, picnic areas and playground. Pathways lead across Lakeshore Blvd. to the city park on Lake Wailes that has paved & lighted trail circling the lake and a large covered pier to enjoy, a public boat ramp is nearby. Additionally, this in-town location is within walking/biking/scootering to the downtown Historic District, library, churches, restaurants, and shops. This multi-unit complex is ideal for Investors, Vacation Rental Operator for short-term destination retreat, long-term renters or winter residents. Seller will entertain a combined purchase with 10-unit complex just minutes away, The Grand Floridian at, 241 E Seminole Ave. ***NO OWNER FINANCING***

Location

Facts and features

Type:
Residential Income
Parking:
Ground Level / Open
Year Built:
1925
Lot:
0.33 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$144
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    • Hardwood

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • Solid Wood Cabinets

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 21

  • Parking

    • Ground Level

    • Open

    Property

    • Levels: Two

    • Exterior Features: Balcony / Courtyard / Lighting / Sidewalk

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 273001883000034012

    • Zoning: C

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $11,409

  • Source details

    • MLS ID: K4901954

    Other facts

    • Construction Materials: Other / Stucco

    • Foundation Details: Crawlspace

    • Laundry Features: Other

    • Lot Features: Historic District / City Lot / Level / Near Public Transit / Oversized Lot / Sidewalk / Street One Way

    • Window Features: Aluminum Frames / Shutters / Wood Frames

    • Water Body Name: Crystal Lake / Lake Wailes

    • Living Area: 11834

    • Water Source: Public

    • Lot Size Dimensions: 97 x 150

    • Subdivision Name: LAKE WALES

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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 ©2024-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: 1513 REALTY LLC