244 E Park Avenue, Lake Wales, FL 33853

$1,650,000
8,480
SqFt

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List Price
$1,650,000
Status
Active
Days on Market
376
MLS#
K4903016
Property Style
Multi-Family 5+
Year Built
1915
Living Area
8,480
Lot Size
5,401
Acres
0.12
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Lake Wales
MLS Area Major
Lake Wales South

Property Description

Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick-and-mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917. This amazing piece of architecture is home to one of the few mixed-use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well-appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm! The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape - complete with brick paved streets, lush park-like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity! The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!

Additional Information

Taxes
$8696
Location
Curb and Gutters, Historic District, City Limits, Sidewalk, Street Lights, Paved
Community Features
No Deed Restriction
Zoning
C-1
Floor
Tile
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Utilities
Public, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Brick
Roof
Built-Up
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
27-30-01-883000-028020
Legal Description
LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 28 LOTS 2 & 3

Listing courtesy of LEGACY REAL ESTATE CENTER INC. 863-676-0200

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