USAFLLake WalesRidge Manor646 Beverly Dr
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$275,000

For Sale

A month ago

646 Beverly Dr, Lake Wales, FL

House

MLS® L4965085

4 Bed

2 Bath

1782 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential
Size 1782 sqft
Garage 
Taxes $3,415
Days Active 33
Lot Size 0.26 Acres
Approx. Age 1983
Avg. Price Per Sqft $154
MLS® Number L4965085

Property Address: 646 Beverly Dr, LAKE WALES, FL, 33853-4804

Average square foot calculated using Size range provided by listing agent.

Description

Virtually Staged. INVESTMENT OPPORTUNITY in Lake Wales! This well-constructed brick duplex presents an excellent opportunity to acquire an income-producing property with additional value-add potential. The property consists of two spacious 2-bedroom, 1-bath units, each offering an oversized driveway for ample off-street parking and access to a fenced-in backyard. The durable brick construction and solid foundation provide a strong starting point for continued ownership and improvement. Several significant updates have already been completed. Unit 648 features an AC system, water heater, and luxury vinyl plank flooring installed approximately two years ago. The property was also updated with new plumbing approximately two and a half years ago, and the septic tank and drain field were replaced approximately four and a half years ago. One unit is currently rented, while the second unit is vacant and provides an opportunity for an investor to renovate, lease, and increase overall income potential. With approximately $30, 000 in potential annual rental income when fully occupied, this property offers the opportunity to combine existing rental income with future upside through strategic improvements. Located in Lake Wales, the property provides convenient access to local shopping, dining, schools, parks, and major roadways, making it a practical location for both residents and rental tenants. A solid opportunity for an investor seeking a two-unit property with established improvements and room to add value.
MLS® NumberL4965085
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1983
Basement
DrivewayDriveway
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Rooms

Change to metres

Kitchen:First FloorNot available
Other:First FloorNot available
Living Room:First FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 18, 2026List Date
$275,000List Price

Home Appraisal

This property is estimated to sell between: $240,000 and $293,000.
Similar properties in this area sold on average for: $240,750
Expected to sell in 57 days. Similar properties sold in 90 days. This home has been on eXp Realty for 33 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
646 Beverly Dr, Lake Wales, FL

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