Office at 318 S 1ST ST, LAKE WALES
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$274,900

318 S 1ST ST
LAKE WALES, FL 33853
Listed by Daniel Hut · HUT REALTY, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
1,336 sqft
Year built
1938

About this home

Exceptional Commercial Property! NEW ROOF 2025! SELLER FINANCING 20% DOWN! OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office. With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it’s designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane. Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Seller financing and private financing available. Seller financing available with 20% down payment, 10% interest, 10 year term, no prepayment penalty. Don’t wait—schedule your private tour today and bring your vision to life! Seller financing available.

Property details

MLS #
MFRP4936526
Property type
Office
Subdivision
TWIN LAKE PARK SUB
Status
Active
Days on market
288
On market date
October 1, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
POLK AVENUE ELEMENTARY SCHOOL
0.13 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
544
Student:teacher ratio
16.5:1
District
POLK
MiddleCharter
EDWARD W BOK ACADEMY NORTH
0.41 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
554
Student:teacher ratio
17.9:1
District
POLK
High
ROOSEVELT ACADEMY
1.02 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
274
Student:teacher ratio
9.4:1
District
POLK

Walkability

Blended score for LAKE WALES's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
9.8 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks3
Schools7
Transit stops7
Pharmacies1

Market position

How this listing compares to current activity in LAKE WALES, from live MLS data.

On the market 288 days -- 123 more days than LAKE WALES's current average of 165 days.
For reference, the median list price across 799 active listings in LAKE WALES right now is $175,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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$
/mo
Est. monthly payment
$1,805/mo
$54,980 down
$219,920 loan
Principal & interest$1,426
Property tax (est.)$229
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.