3755 Us Highway 17 Hwy., Lake Wales, FL 33853

Great Opportunity for an Investment Property. There are 5 parcels with 14 unit’s total that are sited on 1.53 acres overlooking Starr Lake. The property features 8 Efficiencies Apartments, 3 Mobile Homes, 1 House featuring Two Bedrooms, 1 Duplex offering One Bedroom on each side and a Garage with Office Area. The Motel Unit #1 is currently rented at $550 a month, Motel Unit #2 is rented for $400 and Unit #8 is currently rented at $475 a month. The Duplex Unit #9 is currently rented at $450 a month. The main house is currently rented for $525. The Mobile home Located on the middle lot is rented for $450 per month and the Mobile Home on Lot #3 located on the corner leases the land for $350 per month. The Motel license is included in the sale. Units number 1, 2 & 4 share an Electric Meter. Each lot features a septic system. This Great Investment Property is Located near Lego Land, The Eagle Ridge Mall and Scenic Highway 17. The tax expense for all 5 parcels total $4704.39.