Maggie Rosario | Broker Associate
Maggie Rosario, Your Real Estate Agent in Lake Wales
As a seasoned Agent in Lake Wales, Florida, I am devoted to delivering outstanding service to both buyers and sellers. With vast knowledge of the neighborhood market and an obsession for delivering results, I can help you reach your housing goals. Whether you’re wanting to find your ideal home or sell your existing home for the best possible price, I am here to direct you each and every single step of the way.
Let Me To Assist You In Locating Your Ideal House
Maggie Rosario, your Lake Wales Real estate professional with 17+ years of experience. Fluent in English, Spanish, Italian, and some Russian. Let's reach your real estate goals together!
What are You Looking For?
Buy A House
Sell A House
Rental
Multi Family Homes for Sale Lake Wales
Lake Wales’s multi-family homes market offers ample investment opportunities. Properties range from duplexes to large apartment complexes, each distinct in features and offering prosperous returns. With a typical listing period of just 46 days and a significant 33% increase in sales prices since 2020, it’s worth considering this dynamic real estate option. These properties aren’t just investments but also promise comfortable urban living with easy commutes. So whether you’re an experienced investor or embarking on your first venture, there’s a wealth of options waiting for you. Ready to explore these promising prospects further? Stay on this page for some exciting insights.
Understanding Multi-Family Homes
While considering a financial commitment in Lake Wales’s real estate market, it’s essential to be aware of that multi-family homes can range from duplexes, triplexes, fourplexes, to even larger apartment building, offering a variety of possibilities for steady rental income. These properties, each with unique attributes and layouts, are as diverse as the Lake Wales market on its own.
Your investment opportunities aren’t limited to a specific type; it’s all about identifying the right fit for your budget and business model. Whether you’re an experienced investor or a newcomer to the game, the Lake Wales market has something for everyone. The average time these properties spend on the market is just 46 days, a testament to the vibrant and dynamic nature of this investment landscape.
With 42 multi-family homes currently available fluctuating from $300,000 to a whopping $3,750,000, there’s no shortage of options for you to choose from. So, whether you’re looking for a modest duplex or a sprawling apartment complex, Lake Wales’s real estate market is ready to welcome you.
Benefits of Investing in Lake Wales
Dive into the potential for growth in this vibrant market with over 2600 active homes up for sale. The diversity of these homes, from spacious duplexes to luxury townhomes, provides a multitude of options. The appeal doesn’t stop with the purchase price. Consider the rental income potential, with ROI up to 10%, making your investment not just a home, but a steady stream of income.
Lake Wales’s allure extends beyond its real estate market. The city offers urban living convenience, vicinity to amenities, and easy commuting options. Investing in multi-family properties here isn’t just a financial decision, it’s a lifestyle choice, offering a sense of belonging in a thriving community.
Don’t pass up this golden opportunity in Lake Wales
Exploring Lake Wales's Real Estate Market
Lake Wales’s real estate market boasts:
- A diverse range of multi-family homes for sale, catering to all budget and investment needs
- A healthy property value growth, safeguarding your investment
- An average of 46 days on the market for houses, indicating a swift turnover
- 42 multi-family homes available for sale, priced between $300,000 to $3,750,000, offering diverse investment opportunities
You’ll find that multi-family homes in Lake Wales not only offer a lucrative investment but also a chance to be part of an energetic community. As an investor, you’re not just buying property; you’re gaining a stake in Lake Wales’s future.
Types of Multi-Family Homes
In the heart of Lake Wales, you’ll find a varied selection of multi-family homes, including duplexes, triplexes, fourplexes, and apartment complexes, each offering unique opportunities for investment and living. These homes offer multiple units within the same building or complex, giving you the freedom to choose an arrangement that matches your investment goals and budget.
Duplexes, with their two distinct units, offer a solid entry point into property investment. Triplexes and fourplexes, housing three and four units respectively, provide greater rental income potential. For those looking out for a substantial investment, apartment complexes, with their numerous units, can provide significant incomes.
These multi-family homes not only promise steady-going rental revenue but also potential property appreciation, enhancing your wealth over time. Whether you’re a seasoned investor or just starting, these properties may possibly be a vital part of your portfolio.
In Lake Wales, the choice is extensive and the opportunities are plentiful. So, whether you’re drawn to the charm of a duplex, the potential of a fourplex, or the scale of an apartment complex, there’s a multi-family home waiting for you.
Invest in Lake Wales and belong to a thriving community of property investors.
Navigating the Buying Process
Having explored the assortment of multi-family homes in Lake Wales, it’s time to guide you through the purchasing process, making certain you can confidently secure the best investment for your portfolio. Breathe easy knowing Lake Wales’s thriving rental market bolsters your investment, with multi-family properties offering the enticing option to rent out multiple units on the same parcel.
In getting through the buying process, consider these crucial points:
- Aim for properties with a healthy ROI, as Lake Wales investors generally see returns ranging from 9.5% to almost 10%
- Be mindful of the location, prioritizing properties near major motorways, amenities, and in energetic districts to attract potential renters
- Act promptly, as the average time on the market for these properties is just 46 days
- Look beyond the initial purchase price tag. Consider potential rental income, maintenance costs, and property taxes in your calculations
Lake Wales's Community Highlights
Beyond the financial benefits, your investment in a multi-family home in Lake Wales also presents you to a busy community teeming with attractions. The city’s community highlights aren’t just limited to its thriving real estate market, but they extend to the lifestyle it offers.
Lake Wales offers a myriad of green spaces, almost 150 public ones to be accurate. These spaces are a haven for outdoor adventures and provide spots for comfort amidst vibrant city life.
Here are more reasons why you’ll enjoy being part of Lake Wales:
- Getting a break from the city life is easy with beaches within an hour’s drive
- Golfing is part of the lifestyle, with over 50 golf courses within a 15-mile radius
- The area is inclusive and welcoming, perfect for families and individuals alike
In Lake Wales, you’re not just investing in property, you’re becoming part of a vibrant community
Other Areas Served
Luxury At Its Best
Featured Properties
A Family agency since 1982
The future of real estate
loyalty as a core value
We Believe In Hard Working Professionalism
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incid idunt ut labore ellt dolore magna the alora the tolda on tolda voubal fouter.
A Creative and Innovative Agency
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incid idunt ut labore ellt dolore magna the alora the tolda on tolda voubal fouter.
Connecting With The Client is Our Starting Point
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incid idunt ut labore ellt dolore magna the alora the tolda on tolda voubal fouter.
Trust Us - You're in Good Hands
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incid idunt ut labore ellt dolore magna the alora the tolda on tolda voubal fouter.
you are in good hands
SELL YOUR PROPERTY THROUGH REALET
Looking To Buy A New Property?
This Is What We Do
This Is What They Say
