LAKE WALES, FL 33898 9035 TEMPLE DRIVE

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Presented By: LPT REALTY, LLC with 877-366-2213. - 877-366-2213
  • MLS# P4937132
  • 11/24/2025
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 1,652

Home Details

THIS PROPERTY WON’T LAST LONG WITH A MAJOR $229,000 PRICE REDUCTION!! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 feet of canal frontage, this unique 0.54-acre multi-family property offers direct access to the 7,500-acre Lake Walk-In-Water—nationally renowned for its trophy bass fishing. Zoned R-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. Whether you are looking for a high-yield investment, a subsidized waterfront lifestyle, or a multi-generational getaway, this newly repriced asset is priced to move. CHOOSE YOUR STRATEGY: 1) The value-add investment at the newly reduced price of $229,000! The property generates $2,075/month ($24,900/year) from just two occupied units (Units A and C), with tenants paying their own utilities. IMMEDIATE UPSIDE: Lease the currently vacant Unit B ($750.00/month) $33,900.00/year unlocking a massive DOUBLE-DIGIT CAP RATE!!! 2) The Waterfront "House Hacker" Stop paying a mortgage and start getting paid to live on the water. You can immediately move into Unit B—a vacant, sturdy 1975 concrete block apartment featuring a kitchenette and its own private dock. While you enjoy the lake lifestyle, your neighbors in Units A and C will generate $2,075/month which can easily cover your mortgage and property taxes ($3,177/yr), and insurance. You get to live on the water virtually for free while building equity. The Family Compound / Fish Camp: a multi-generational retreat or a shared family vacation property? This compound offers three distinct, private living spaces on one lot. With multiple docks and direct canal access just three blocks from the public boat ramp, it is the perfect setup for a family of outdoor enthusiasts. Keep it all for your family, or rent out one unit to cover the annual carrying cost. This multifamily property offers multiple strategies and won’t last long!
Presented By: LPT REALTY, LLC with 877-366-2213. - 877-366-2213

Interior Features for 9035 TEMPLE DRIVE

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringHardwood
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesNone

General for 9035 TEMPLE DRIVE

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityLAKE WALES
Construction MaterialsConcrete
CoolingWall/Window Unit(s)
CountyPolk
DirectionsHead north on FL-17, turn south on T S Wilson Rd. In 5.4 miles turn right on Blue Jordan Rd and continue straight onto walker in water rd, turn right onto Boat Landing Rd then right on Tiger Creek Rd, arrived to destination 0.2 miles on the left.
Flood Zone CodeAE
Garage Y/NNo
HeatingWall Units / Window Unit
Land Lease Y/NNo
Legal DescriptionBEG NW COR OF SE1/4 RUN S 1001.23 FT TO 40 FT RD ELY ALONG C/L RD 309.13 FT FOR POB RUN N 18 DEG 54 MIN 33 SEC E 150.12 FT TO C/L WATERWAY ELY ALONG C/L 115.98 FT CONT N 81 DEG E 82.1 FT S 33 DEG 57 MIN 52 SEC W 217.39 FT S 31 DEG 06 MIN 01 SEC W 40 FT WLY 113.38 FT TO POB LESS N 25 FT &LESS S 20 FT BEING LOT 56 W INDIAN LAKE HGTS SUB
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet23522
Lot Size UnitsSquare Feet
MLS Area33898 - Lake Wales
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeTriplex
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
SewerNone
Standard StatusActive
StatusActive
Subdivision NameWEST INDIAN LAKE HEIGHTS SUB
Tax Annual Amount2780.19
Tax Lot56
Tax Year2024
UtilitiesOther
Virtual TourClick here
Water Access Y/NNo
Water ViewCanal
Water View Y/NYes
Waterfront FeaturesCanal Front
Year Built1989
ZoningR-3

Exterior for 9035 TEMPLE DRIVE

Exterior AmenitiesOther
Foundation DetailsBlock
Frontage LengthCanal: 164
Lot Dimensions164 x 159
Lot Size Acres0.54
Lot Size Area23522
Number of Buildings0
Private PoolNo
Road Surface TypePaved
Water SourcePrivate, Well
Waterfront Y/NYes

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $229,000
MLS#P4937132
List Date 11/24/2025
Property Type Income
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