Location: Ridge Manor, Lake Wales
Do Not Show Listings
651 LORRAINE CIR, LAKE WALES, FL 33853
$320,000233 Days on yellowkey MLS ID: L4955658
Bed: 5 Bath: 2.0 Liv Area Sq Ft: 1864 Built: 1957 Tax: $2,782 (2024)Community: Ridge ManorSingle Family
Market Analysis: For SaleFor RentSoldRented
Nearby Properties: For SaleFor RentSoldRented
Taxes:$2,782
Elementary School: Polk Avenue Elem
High School: Lake Wales Senior High
Tax Year: 2024
Middle School: Mclaughlin Academy Of Excellence
Remarks: Welcome to 651 Lorraine Circle! Great investment opportunity! This property is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This beautifully maintained home is located in the heart of Lake Wales, an up-and-coming area known for its family-friendly atmosphere and great schools. Convenience is key—you’re just minutes from shopping, dining, medical centers, and local attractions, all while enjoying a quiet residential setting. Major updates already done for you! The roof, water heater, and AC were all replaced about two years ago, offering peace of mind and lower maintenance costs. Whether you’re expanding your portfolio or planning for future use, this property offers incredible potential in a growing community with easy access to major highways.
Listing is courtesy of: DALTON WADE INC (888-668-8283)
Listing Agent: Gaby Gonzalez (863-241-4275)
315 RIDGE MANOR DR, LAKE WALES, FL 33853
$799,00036 Days on yellowkey MLS ID: K4903360
0 Days Off yellowkey (back on 4/17/2026)
Bed: 6 Bath: 0.0 Liv Area Sq Ft: 5030 Built: 1926 Tax: $9,928 (2025)Community: Ridge ManorApartment
Taxes:$9,928
Elementary School: None
High School: None
Tax Year: 2025
Middle School: None
Remarks: Under contract-accepting backup offers. Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!
Listing is courtesy of: LEGACY REAL ESTATE CENTER INC (863-676-0200)
Listing Agent: Dolores Vogel (863-632-5573)
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