315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853
LAKE WALES, FL 33853 · MLS# K4903360 · Active · RIDGE MANOR
Description of 315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853
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!
Property Details for 315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853
- Interior Features
- Window Treatments
- Heating
- Electric, Space Heater
- Cooling
- Wall/Window Unit(s)
- Furnished
- Unfurnished
- Pool Private
- No
Building Information for 315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853
- Building Area Total
- 5205
- Building Area Units
- Square Feet
- Association
- No
Property Information for 315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853
- Lot Size Square Feet
- 34,360
- Waterfront
- No
- View
- No
- Construction Materials
- Stucco, Wood Frame (FSC Certified)
- Roof
- Other, Shingle
- Exterior Features
- Storage
- Sewer
- Septic Tank
- Water Source
- Public
- New Construction
- No
Public Records for 315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853
- Parcel Number
- 273011916000011040
- Tax Annual Amount
- $9,928
- Tax Year
- 2025
- Tax Legal Description
- RIDGE MANOR SECOND UNIT PB 19 PG 16 BLK 11 LOTS 4 THRU 6 & PT OF LOT 7 DESC AS: BEG SE COR NLY TO NE COR W 30 FT SLY 151.95 FT TO POB
- Zoning
- R-2
- County Or Parish
- Polk
Payment Calculator
- Principal & Interest
- $3,838
- Property Taxes
- $827
- Home Insurance
- $380
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853 · See all Lake Wales homes for sale
More information about 315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853
315 RIDGE MANOR DRIVE is a multi-family home for sale in LAKE WALES, FL 33853. This property was listed for sale on March 20, 2026 by LEGACY REAL ESTATE CENTER INC, it's currently listed at $759,000. This listing's school district is Polk Public Schools. 315 RIDGE MANOR DRIVE is a 6-bed, 12-bath, 5,030 sqft multi-family home built in 1926.