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USAFLLake Wales9035 Temple Dr
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9035 Temple Dr, Lake Wales, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$229,000

640

MLS® 317344

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Other
Levels Residential
Size 1652 sqft
Garage No
Maintenance Fees 
Taxes $2,780
Days Active 193
Approx. Age 1989
Avg. Price Per Sqft $138
MLS® Number 317344

Property Address: 9035 Temple Dr, Lake Wales, FL, 33898-7278

Average square foot calculated using Size range provided by listing agent.

Description

THIS PROPERTY WON’T LAST LONG WITH A MAJOR $229, 000 PRICE REDUCTION!! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 feet of canal frontage, this unique 0.54-acre multi-family property offers direct access to the 7, 500-acre Lake Walk-In-Water—nationally renowned for its trophy bass fishing. Zoned R-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. Whether you are looking for a high-yield investment, a subsidized waterfront lifestyle, or a multi-generational getaway, this newly repriced asset is priced to move. CHOOSE YOUR STRATEGY: 1) The value-add investment at the newly reduced price of $229, 000! The property generates $2, 075/month ($24, 900/year) from just two occupied units (Units A and C), with tenants paying their own utilities. IMMEDIATE UPSIDE: Lease the currently vacant Unit B ($750.00/month) $33, 900.00/year unlocking a massive DOUBLE-DIGIT CAP RATE!!! 2) The Waterfront "House Hacker" Stop paying a mortgage and start getting paid to live on the water. You can immediately move into Unit B—a vacant, sturdy 1975 concrete block apartment featuring a kitchenette and its own private dock. While you enjoy the lake lifestyle, your neighbors in Units A and C will generate $2, 075/month which can easily cover your mortgage and property taxes ($3, 177/yr), and insurance. You get to live on the water virtually for free while building equity. The Family Compound / Fish Camp: a multi-generational retreat or a shared family vacation property? This compound offers three distinct, private living spaces on one lot. With multiple docks and direct canal access just three blocks from the public boat ramp, it is the perfect setup for a family of outdoor enthusiasts. Keep it all for your family, or rent out one unit to cover the annual carrying cost. This multifamily property offers multiple strategies and won’t last long!
MLS® Number317344
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1989
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:Second Floor9 × 9 ft
Bathroom 1:Second Floor4 × 8 ft
Other:Third Floor8 × 5 ft
Bathroom 2:Third Floor7 × 5 ft
Bedroom 1:Third Floor11 × 14 ft
Bedroom 3:Third Floor10 × 8 ft
Bedroom 2:Main Floor10 × 10 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 13, 2025List Date
$229,000List Price
  • Commute

Commute

Starting Address
Destination Address
9035 Temple Dr, Lake Wales, FL

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