$2,250,000
$2,555,500
12.0%For more information regarding the value of a property, please contact us for a free consultation.
21380 US-27 Lake Wales, FL 33846
32,587 SqFt
Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 32,587 sqft
Price per Sqft $69
MLS Listing ID 1109945
Sold Date 02/16/22
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1959
Lot Size 8.840 Acres
Acres 8.84
Property Description
Green Gables Inn consist of 56 units sitting on approximately Nine (9) acres and has access to a 60-acre lake in the backward portion of the property. The property is a single floor (story) facility and is spread among three (3) living buildings and one (1) main office. The property has a large swimming pool along with tennis courts. The interior of the room have been updated two (2) years ago with new furniture, mattress and carpet. The undeveloped portion of the acreage is sufficient to double or triple the size of the existing facility. The property can be zone to build 175 to 200 apartments on this 9 acres of land. Local mall, stores and restaurants are easy to get in a few miles radius. Must see to expand a vision of income earning.
Location
State FL
County Polk
Area 993-Out Of Area-South
Direction Take I-4 E to Exit 27 FL-570 E Polk County. Take exit I4 for FL-540 E, continue on FL 540E to 21380 US Highway 27.
Interior
Flooring Carpet
Exterior
Roof Type Shingle
Private Pool No
Building
Building Description Concrete,Stucco, Laundry,Pool
Story 1
Water Public
Level or Stories 1
Structure Type Concrete,Stucco
Others
Tax ID 272927000000044050
Security Features Security Lights
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with FLORIDA HOMES REALTY & MTG LLC