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9035 Temple Dr
For Sale $254,000 ($153.75 per Sq Ft)
$254,000 ($153.75 per Sq Ft)
- 3 Bedrooms
- 4 Bathrooms
- 1,652 Sq Ft
- 23,522 Sq Ft
Description
Nearly A 10% CAP RATE! Canal Front Multifamily Property Consisting Of 2 Single Wide Mobile Homes and 1 CBC Apartment
Offering LOW OPERATING EXPENSES And VALUE-ADD OPPORTUNITY Located Just 3 Blocks From Lake Walk In Water’s
Public Boat Ramp In Eastern Lake Wales, Florida. Current Income: $2,075/Month and $24,900/Year Potential Gross
Income: $2,675/Month and $32,100.00/Year The 3 residences sit on a well kept, 0.54 acre lot zoned R-3 with 198+\-ft of
canal frontage with direct access to Lake Walk-In Water. Unit A (OCCUPIED): 2BR/1BA, 1983, 728 sqft single wide mobile
home at $900/month. Unit B (VACANT- VALUE-ADD): 1BR/1BA 1975 , 485 sq ft concrete block apartment featuring a
kitchenette and its own private dock. The vacant unit allows for new owner to place a tenant for immediate income or
possible renovations and upgrades for increased rent. Previously rented for $600/month. Unit C (OCCUPIED): Updated and
spacious 1989, 924 sq ft 3BR/2BA single wide mobile home generating $1,175/month. This unit features a mini-split AC, a
large master bedroom with a walk-in closet and a built-in office. Tenant’s rent includes electric, utilities, trash and septic.
Landlord pays taxes and insurance. This stabilized multifamily property offers investors an exceptional cap rate, low
operational expenses, canal frontage with direct access to Lake Walk-In-Water, value appreciation and value-add
opportunity with a new tenant for immediate income and renovation potential for increase rent. Investments like these
don’t come around that often in Polk County, Florida. Call to schedule an appointment. SELLER WILL CONSIDER SELLER
FINANCE ALSO!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $254,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,652 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1989 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 293105000000023030 |
| MLS # | P4937133 |
| Property ID | 322410225 |
| Lot Sqft | 23,522 |
| Zoning | R-3 |
| Days on Market | 79 |
| Original List Price | $254,000 |
| Applicances | Microwave, Range, Refrigerator% |
| Date Updated | February 04, 2026 |
| Date Created | November 25, 2025 |
Listing Provided By
Tania Bobe an agent of . Lic #3342106
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 04, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT