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LAKE WALES, FL 33853 114 E NORTHSIDE DRIVE

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Presented By: FLORIDA REALTY INVESTMENTS with 407-207-2220. - 407-207-2220
  • MLS# TB8455056
  • 12/09/2025
  • Request Tour
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  • Beds • 32
  • Baths • 19
  • SQFT • 11,937

Home Details

SELLER FINANCING AVAILABLE. North Oak 19-Unit Portfolio, a rare multifamily investment opportunity spread across three properties in Polk County, Florida. The North Oak portfolio includes: Northside Apartments: 114 E Northside, Lake Wales, FL: Built in 1964, this eight-unit property consists of four concrete block duplexes with pitched shingle roofs. Each unit features a 2-bedroom, 1-bathroom configuration. The property has been fully renovated in the past two years, with both electricity and water sub-metered, allowing tenants to pay for their own utilities. Trash services are included in the property taxes, keeping operational costs low. The roofs are in good condition, contributing to the property's low-maintenance appeal. Oakcrest Apartments 118 Oak Crest Dr NW, Winter Haven, FL: Constructed in 1984, this eight-unit property comprises two fourplex buildings. The unit mix includes two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all built with a wood-frame construction and featuring pitched shingle roofs. The electricity is sub-metered, with tenants responsible for their electric bills, while water is provided by the city and paid for by the landlord. The property uses a septic tank system, also maintained by the landlord. Haven Apartments 140 Ave W NW, Winter Haven, FL Built in 1974, this three-unit property offers all 2-bedroom, 1-bathroom units constructed from concrete block with pitched shingle roofs. Both water and electricity are sub-metered, and the property benefits from a central AC system. Sewer and water services are provided by the city. With a total of 19 units, a mix of both 1-bedroom and 2-bedroom apartments, and well-maintained utility systems, the North Oak portfolio represents a stable, high-potential opportunity for multifamily investors looking to capitalize on the rental demand in Polk County’s growing markets.
Presented By: FLORIDA REALTY INVESTMENTS with 407-207-2220. - 407-207-2220

Interior Features for 114 E NORTHSIDE DRIVE

Bedrooms

Total Bedrooms32

Bathrooms

Total Baths19

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresnone

General for 114 E NORTHSIDE DRIVE

Additional Parcels Description27-29-34-875300-001200
Additional Parcels Y/NYes
Building Area Unitssquare feet
Carport Y/NNo
Citylake wales
Construction Materialsconcrete, wood frame
Coolingcentral air
Countypolk
Directionsportfolio property
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingcentral
Land Lease Y/NNo
Legal Descriptionnorthside heights pb 36 pg 48 blk a lot 20
Listing Termscash, conventional, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet13164
Lot Size Unitssquare feet
MLS Area33853 - lake wales south
New ConstructionNo
Number Of Units Total19
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Namenorthside heights
Tax Annual Amount6998.57
Tax Lot20
Tax Year2024
Tenant Payselectricity, water
Utilitieselectricity connected, water connected
Virtual TourClick here
Water Access Typelake
Water Access Y/NYes
Water Viewlake
Water View Y/NYes
Year Built1964

Exterior for 114 E NORTHSIDE DRIVE

Exterior Amenitiesother
Foundation Detailsslab
Lot Dimensions50 x 173
Lot Size Acres0.3
Lot Size Area13164
Number of Buildings7
Number of Lots5
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $2,350,000
MLS#TB8455056
List Date 12/09/2025
Property Type Income
Phone 407.574.0218
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