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244 E PARK

lake wales, FL 33853

$1,650,000

  • 6 BR
    10 BA
    approx. 8,480 SF

Interested? Let's Connect

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!

Details

8,480 Sq Ft

5,401 Sq Ft Lot Size

investment

$725 Monthly Tax

Built in 1915

MLS/Listing ID K4903012

6 Units

Amenities & Features

Refrigerator

Washer

Accessible Bedroom

Natural Wood

Decorative Fireplace

Gas Fireplace

Living Room Fireplace

Primary Bedroom Fireplace

Lighting

Range

Inside

Parking - On Street

City View

Accessible Common Area

Accessible Hallway(s)

Sidewalk

Ceiling Fans

Built-Up

Public Sewer

Public Water

Microwave

Gas Water Heater

Dryer

Disposal

Dishwasher

Construction - Brick

Cooling - Central Air

Tile

Slab

Walk-in Closets

High Ceilings

Elevator

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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