- MLS® #: A11919610
- 9035 Temple Drive
- Lake Wales, FL 33898
- $229,000
- Income
THIS PROPERTY WON’T LAST LONG WITH A MAJOR $229,000 PRICE REDUCTION! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 feet of canal frontage, this unique 0.54-acre multi-family property offers direct access to the 7,500-acre Lake Walk-In-Water—nationally renowned for its trophy bass fishing. Zoned R-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. CHOOSE YOUR STRATEGY: 1) The value-add investment at the newly reduced price of $229,000! The property generates $2,075/month ($24,900/year) from just two occupied units (Units A and C), with tenants paying their own utilities. IMMEDIATE UPSIDE: Lease the currently vacant Unit B ($750.00/month) $33,900.00/year unlocking a massive DOUBLE-DIGIT CAP RATE! 2) The Waterfront "House Hacker" Stop paying a mortgage and start getting paid to live on the water. You can immediately move into Unit B—a vacant, sturdy 1975 concrete block apartment featuring a kitchenette and its own private dock. While you enjoy the lake lifestyle, your neighbors in Units A and C will generate $2,075/month which can easily cover your mortgage and property taxes ($3,177/yr), and insurance. Keep it all for your family, or rent out one unit to cover the annual carrying cost. This multifamily property offers multiple strategies and won’t last long!
View Virtual TourEssential Information
- MLS® #A11919610
- Price$229,000
- CAD Dollar$313,712
- UK Pound£171,422
- Euro€198,506
- Bathrooms0.00
- Year Built1989
- TypeIncome
- Sub-TypeTriplex
- StatusActive
Community Information
- Address9035 Temple Drive
- Area5940 Florida Other
- SubdivisionWIndian Lake Heights Sub
- CityLake Wales
- CountyPolk
- StateFL
- Zip Code33898
Amenities
- UtilitiesCable Available
- Is WaterfrontYes
- WaterfrontCanal Front
Interior
- InteriorHardwood, Wood
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- # of Stories1
- StoriesOne
Exterior
- RoofMetal
- ConstructionBlock
- Office: Lpt Realty, Llc
Property Location
9035 Temple Drive on www.jupiteroceanfronthomes.us
Offered at the current list price of $229,000, this home for sale at 9035 Temple Drive features bedrooms and 0 bathrooms. This real estate listing is located in WIndian Lake Heights Sub of Lake Wales, FL 33898 . 9035 Temple Drive is listed under the MLS ID of A11919610 and has been on the Lake Wales real estate market for 113 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of March 18th, 2026 at 12:29am CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing