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401 DOMARIS AVENUE

Commercial Recently Sold
$1,150,000

BTC: 38.33333333

ETH: 575.00000000

Sold on: 2021-01-18
86 days
0 room(s)
16,754 sqft
Est. Estimated sales range: $0 - $0
$0

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

Facts and features

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
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

    • Property Sub Type: Multi Family

  • 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

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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 ©2025-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