335 E CENTRAL AVENUE, Lake Wales, FL 33853
OFF MARKET

$526,500

Trulia Estimate
  • 7 Beds
  • 5 Baths
  • 3,728 sqft (on 0.41 acres)

335 E CENTRAL AVENUE, Lake Wales, FL 33853

Est. Refi. Payment $3,550/mo*
Refinance Your Home
Currently Off Market - Sold Nov 27, 2024 for $510,000

Home Value

Trulia Estimate
$527K
Since last month
Decreased$2K (-0.4%)
Since last year
Increased$39K (+8.1%)
Since last sale
Increased$17K (+3.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +478% in the last 10 years
MonthEstimated value
2026
September 2026$527K
August 2026$529K
July 2026$368K
June 2026$369K
May 2026$328K
April 2026$486K
March 2026$481K
February 2026$485K
January 2026$481K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
303 E POLK AVENUE, Lake Wales, FL
0.33
Multi-Family Home
$480,000
10/01/25
5
6
3,669
434 E TILLMAN AVENUE, Lake Wales, FL
0.16
Multi-Family Home
$780,000
03/13/26
12
7
4,466
342 E TILLMAN AVENUE, Lake Wales, FL
0.12
Multi-Family Home
$205,000
05/07/26
4
3
1,896
415 E POLK AVENUE #A/B, Lake Wales, FL
0.34
Multi-Family Home
$275,000
02/25/26
6
3
1,650
107 A STREET, Lake Wales, FL
0.75
Multi-Family Home
$390,000
03/24/26
6
6
2,880
224 C, Lake Wales, FL
0.93
Multi-Family Home
$385,000
03/09/26
8
4
2,668
405 N WETMORE STREET, Lake Wales, FL
0.54
Multi-Family Home
$250,000
01/05/26
4
2
1,560
38 W ORANGE AVENUE, Lake Wales, FL
0.44
Multi-Family Home
$250,000
11/06/25
1
1
7,500

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
350 E PARK AVENUE, Lake Wales, FL 33853
0.05
$383,100
4
2
2,644
Off Market
3411 Howell Dr, Lake Wales, FL 33853
0.02
$276,800
4
2.5
1,874
Off Market
2898 Pennachio Dr, Lake Wales, FL 33853
0.02
$318,000
4
3
2,174
Off Market
2918 Pennachio Dr, Lake Wales, FL 33853
0.02
$321,000
5
3
2,451
Off Market
3418 Howell Dr, Lake Wales, FL 33853
0.02
$287,000
4
2.5
1,880
Off Market
2922 Pennachio Dr, Lake Wales, FL 33853
0.02
-
3
2
1,487
Off Market
2950 Pennachio Dr, Lake Wales, FL 33853
0.02
$282,300
4
3
2,174
Off Market
2506 McKinley Dr, Lake Wales, FL 33853
0.02
$257,900
3
2
1,487
Off Market
3454 Howell Dr, Lake Wales, FL 33853
0.02
$306,900
6
3
2,463
Off Market
2522 McKinley Dr, Lake Wales, FL 33853
0.02
$306,400
4
3
2,174
Off Market
3531 Kimbrough Dr, Lake Wales, FL 33853
0.02
$272,600
4
2.5
1,880
Off Market

Local Information

  • Map ViewExplore the area around 335 E CENTRAL AVENUE.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1923
0.41 acre lot
3,728 sqft
$141/sqft
Open Parking

About this House

Investor Alert! Current CAP Rate of 8.5! Great income producing investment property in the heart of Lake Wales currently providing $ 58,500.00 of annual income with room for increases. 4 rental units on the premises including the main residence that offers a 3 bedroom 2 bath refurbished 1923 craftsman style bungalow. There are two separate free standing buildings at the rear of the property that includes 2 bedrooms & 1 bath, and 1 bedroom and 1 bathroom. There is also an apartment on the back of the main residence which offers a 1 bedroom and 1 bath. All units have separate meters for electric and water. All units other than the main residence have window ac units. This property also includes the adjacent green-space on the property next to the main residence and fronts Central Avenue which has potential to add additional rental units. Location allows quick access to downtown restaurants , grocery stores, schools, and one block to the lake and park to enjoy. Ample parking for all tenants. All units are on annual leases with an opportunity to increase rates to market value. Measurements include all 4 units square footage and are approximate therefore not exact. Don't let this great opportunity pass. By appointment only. Preferred afternoon showings due to night shift of tenants.
335 E CENTRAL AVENUE, Lake Wales, FL 33853 is a 7 bedroom, 5 bathroom, 3,728 sqft multi-family built in 1923. It last sold for $510,000 on Nov 27, 2024 (7% below the $550,000 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $1,095 per month. That rental listing was removed on August 5, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $526,500.
Last check for updates: about 7 hours ago
Listed by Shawn Tingle, (863) 632-2668
FLORIDA REALTY INVESTMENTS, (407) 207-2220
Bought with: Tamara Fontanot, (561) 430-9547, AGILE GROUP REALTY, (813) 569-6294
Originating MLS: Orlando Regional
Source: Stellar MLS, MLS#P4931739
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Home Details for 335 E CENTRAL AVENUE

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 5
Dimensions and Layout
Living Area: 3728 Square Feet
Appliances & Utilities
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Available, Street Lights, Water - Multiple Meters, Water ConnectedAppliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, WasherDishwasherDisposalDryerLaundry: InsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Electric,OtherHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Family RoomHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Aluminum FramesFlooring: Ceramic Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Ceramic Tile, Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: Metal ShinglePatio / Porch: Covered, Front PorchExterior: SidewalkFoundation: Crawlspace, SlabNo Private Pool
Parking & Garage
No CarportNo GarageHas Open ParkingParking: Assigned,Driveway,Guest
Frontage
Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved, Asphalt, GravelNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 64

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: Cedar, Wood Frame, Wood SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: CompletedParcel Number: 273001883000033180

Price & Status

Price
List Price: $550,000
Status Change & Dates
Off Market Date: Tue Oct 29 2024

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: LAKE WALESCommunity: LAKE WALES
School Information
Elementary School: Spook Hill ElemJr High / Middle School: Mclaughlin MiddleHigh School: Lake Wales Senior High

Building

Building Area
Building Area: 4000 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Orlando RegionalNo HOA

Lot Information

Lot Area: 0.41 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, FHA

Business

Business Information
Ownership: Fee Simple
Expense
Tenant Pays: Electricity, Water

Miscellaneous

Mls Number: P4931739Showing AttendedShowing Considerations: See RemarksShowing Requirements: Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must AccompanyUniversal Property Id: US-12105-N-273001883000033180-R-N

Price and Tax history

DateEventPrice
Aug 5, 2026
Source: Zillow Rentals
ListingRemoved
$950
Jul 30, 2026
Source: Zillow Rentals
PriceChange
$950
Price decreased by 5%
Jun 5, 2026
Source: Zillow Rentals
PriceChange
$995
Price decreased by 5%
May 26, 2026
Source: Zillow Rentals
PriceChange
$1,050
Price decreased by 4%
May 8, 2026
Source: Zillow Rentals
Listed For Rent
$1,095

Market trends in Lake Wales

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$247K
$4.63KMoM
Sale-to-List Price
97.3%
0.4%MoM
Price per sq ft
$170
$1MoM
Available listings
277
15MoM

Around this home

What Locals Say about Lake Wales

At least 208 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 81 % Say parking is easy

  • 74 % Say it's dog friendly

  • 71 % Say there's holiday spirit

  • 70 % Say it's quiet

  • 63 % Say kids play outside

  • 54 % Say people would walk alone at night

  • 52 % Say they plan to stay for at least 5 years

  • 48 % Say streets are well-lit

  • 47 % Say neighbors are friendly

  • 43 % Say there are sidewalks

  • 41 % Say there's wildlife

  • 34 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Maldonado.melanie
    "Traffic is starting to pick up since they cut thru lake wales to go to poinciana and construction is starting to pop up everywhere "
    0
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  • Bftxw6v7yx
    "I drive my personal vehicle because we don’t have public transit in LW. It’s 16 miles to where I work but it usually takes me 45 minutes because there are too many people on the road. Hwy 27 is like a racetrack and you literally are living on the edge when you drive on it. Too many people for this small area."
    0
    Flag
  • Susanelia11
    "Mainly aims to please the older generation 55+ there really isn’t anything for the younger generations to do. No restaurants mainly just fast food. Have to commute to neighboring cities for entertainment and dining "
    0
    Flag
  • Vickie
    "It is a 55 plus neighborhood a lot of activities fishing walking riding golf carts. Bingo a lot more "
    0
    Flag
  • Heather.walker1496
    "Bad schools, no jobs, angry people. I can’t find a school that focuses on kids understanding the material they just pass them into the next grade"
    1
    Flag
  • Michele
    "We live across the street from Bok Tower Gardens. Our neighborhood street have trees & has hills. It makes for a peaceful place to live."
    0
    Flag
  • Abby C.
    "I grew up here. People are friendly and considerate. The town is well maintained. Plenty of activities and beautiful scenery."
    0
    Flag
  • Ronica K. T.
    "the area offers so many family oriented no cost adventures to discover together. from a simple bike or walk around a lake admiring and learning the natural habitats of many animals which they also call the area "home". from a picnic at a public county Park with access to many nature trails and spring feed crystal clear lakes. to a boat ride or aquatic activities. local well manicured parks filled with genuine family fun, like a game of horseshoes, baseball, soccer, chess, hopscotch, schuffle board, to a simple swing or jungle gym. well maintained park benches located tranquil scenery or just along your chosen path. rolling hills which make any outdoor adventure enjoyable. yet all the daily ammenties you could ever need only located minutes from all local housing areas. major highways connect you to any north, south, east, or west location if you should choose to visit or travel to for work. you are always within reach of true heaven here on Earth and a safe relaxing environment that your family can appreciate to call home. a very rare pristine town with old world Florida architect that printed postcards can"
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  • Michele
    "I’ve lived in this neighborhood for twenty-seven years. It’s close to schools, shopping & across the street from Bok Tower gardens."
    0
    Flag
  • Lisa.arroy0212
    "They have a farmers market in town every Saturday from 9-1. Through out the year local churches do public events for the kids. They also have parades and many other fun things for the family. "
    3
    Flag
  • D_cousineau
    "We have lived here for almost a year and love our little neighborhood. Great neighbors and a quiet street."
    0
    Flag
  • Jennifer M.
    "Lots of families and fun country style activities. So many lakes with fishing great little restaurants that are family oriented."
    0
    Flag
  • Edgar A.
    "Nice and quite neighborhood. Not too populated, stores and shoppings are a little apart from mayor areas. But this is a very nice and quite town."
    0
    Flag
  • Desiray.v
    "Quiet, except when there’s baseball or football games. Get really loud any annoying. Bright side there are playgrounds near for kids and a nice lake "
    0
    Flag
  • Héctor D. B. M.
    "Really cheap and tranquil. Not much to do but close to Tampa, Orlando and Vero Beach. Good for people who likes to commute "
    22
    Flag
  • Desiray.v
    "Horrible considering my job is in Lakeland since there are no good jobs in lake Wales. Other than that stores are close but there is not a very big of variety of stores to choose from. Also not enough major restaurants. "
    0
    Flag
  • Desiray.v
    "There are sometimes loose dogs running around , big dogs at that. Also a lot of stray cats everywhere. "
    0
    Flag
  • Martha F. M.
    "Indian lake estates, is NOT lake wales, it's Bout 18 miles east on hwy 60. the subdivision is private property which is a plus, however with only one entrance it creates almost 9 miles of excess driving for anyone coming from lake wales. (drive 3 1/2 miles further than necessary the a right turn followed by a right turn basically back tracking where you just came from"
    20
    Flag
  • Pmedina682
    "I lived in this neighborhood for five years now and I think it’s OK and it’s close to my job and all the shopping stores are nearby schools are nearby Walmart so nearby and you have the mall"
    0
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  • Martha F. M.
    "I see golf carts 4wheelers bikers and boats headed to launch. Very laid back, the entire subdivision private property so it’s fenced and gated."
    6
    Flag
  • Mike M
    "Lake is a block away. Wonderful playgrounds. Great running trail with workout stops. Elementary school is 4 houses down the street. Plenty of kids 4-12yrs old for your kids to be friends with."
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  • Victoria S.
    "There is a really nice play park at Bok tower gardens for children with many activities there to keep them occupied for a couple hours. Also has a splash pad and hammocks in the shade for the parents to relax and still keep an eye on their kids. "
    0
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  • Yahaira
    "Its good, kinda lonely area. The rent around there is reasonable. Lived there for a year. Hardly ever traffic, good commute."
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  • Susana_martin11
    "Dogs are often accepted in rentals for a fee. The fees I’ve seen are $25-$50 per month. Most communities have sidewalks to walk your dos and there are nice parks. "
    0
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LGBTQ Local Legal Protections

Frequently asked questions about 335 E CENTRAL AVENUE

  • What is 335 E CENTRAL AVENUE estimated to be worth?
    Trulia's estimated value for 335 E CENTRAL AVENUE in Lake Wales, FL is $526,500.
  • What is the price history for 335 E CENTRAL AVENUE?
    335 E CENTRAL AVENUE in Lake Wales, FL last sold for $510,000 in November 2024.
  • Is Lake Wales a buyer's or seller's market?
    Lake Wales is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Lake Wales?
    The median sale price in Lake Wales is $247K. That is down $4.63K from the prior month.
  • Does 335 E CENTRAL AVENUE have air conditioning?
    Yes, 335 E CENTRAL AVENUE in Lake Wales, FL has air conditioning.
  • Does 335 E CENTRAL AVENUE have laundry facilities?
    Yes, 335 E CENTRAL AVENUE in Lake Wales, FL has in-unit laundry.

Explore by feature - Pet Friendly

64 pet-friendly rentals in Lake Wales, FL

Explore by feature - Garage

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Explore by feature - Air Conditioning

100 rentals with air conditioning in Lake Wales, FL

Explore by feature - Pool

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Explore by feature - Washer/dryer

68 rentals with a washer/dryer in Lake Wales, FL

Explore by feature - Outdoor Space

25 rentals with an outdoor space in Lake Wales, FL

Apartments for Rent

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Off Market Homes Near 335 E CENTRAL AVENUE

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