315 RIDGE MANOR DRIVE, LAKE WALES, FL 33853

$759,0006 Beds12 Baths5,030 Sq. Ft.$151 / sq. ft.

LAKE WALES, FL 33853 · MLS# K4903360 · Active · RIDGE MANOR

Status
Active
Type
Quadruplex
Year Built
1926
Days on Market
63
Lot Size
34,360 sqft
MLS #
K4903360
County
Polk

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

Estimated Payment
$5,045/mo
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.