Skip to main content
1 / 28

$6,000

230 E PARK AVENUE, LAKE WALES, FL 33853

3D Tour
Active329 days on market

Beds

—

Baths

0

Sq Ft

8,200 sq ft

Year Built

1924

Lot Size

0.12 acres

Garage

—

About This Property

MULTIPLE VARIABLE SPACES FOR LEASE Lease Space in a Piece of Lake Wales History – The Iconic Rhodesbilt Arcade Building This is your opportunity to lease and operate your business in one of Lake Wales’ most historic and recognizable landmarks — The Rhodesbilt Arcade Building. Steeped in history and architectural charm, this beautifully maintained property offers a blend of classic design and modern convenience. The building features a mix of retail and office spaces, with current availability on both the first and second floors. The first-floor spaces are ideal for retail or professional use and each includes a private restroom. Upstairs, the second-floor offices share a welcoming common area, two restrooms, and convenient kitchen facilities, with one suite also offering a private bathroom. Throughout the building, you’ll find soaring ceilings, abundant natural light, and carefully preserved historic details that create an inspiring atmosphere for tenants and visitors alike. Recent upgrades ensure modern comfort and reliability, including new electrical and plumbing systems, high-speed internet, HVAC, and a comprehensive sprinkler system for enhanced safety. The Rhodesbilt Arcade sits prominently on busy Park Avenue, offering excellent visibility and foot traffic, with the added convenience of rear alley access through connecting archways. Whether you’re opening a boutique, professional office, or creative workspace, the Rhodesbilt Arcade Building offers a rare opportunity to establish your business in a landmark location that blends Lake Wales history with modern functionality.

Property Overview

Property TypeCommercial Lease
Sub TypeRetail
MLS #P4937001
StatusActive
Year Built1924
ConstructionBlock
FoundationSlab
SubdivisionLAKE WALES
CountyPolk

Interior Features

FlooringTile
WindowsShades, Window Treatments
CoolingCentral Air, Zoned
HeatingCentral
SecurityGated Community

Exterior & Lot

Lot Size0.12 acres (5,401 sq ft)
Road SurfaceAsphalt, Concrete, Paved
0

Utilities

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$6,000
Annual Taxes$17,281 (2024)
ZoningC-1
Parcel #273001883000028050

Directions

Scenic Hwy and Central head head north on Scenic Hwy, left on Park Ave to property on left, Rhodesbilt Arcade Building

Location

230 E PARK AVENUE, LAKE WALES, FL 33853

Listing Information

OfficeKELLER WILLIAMS REALTY SMART 1
ListedNovember 11, 2025

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$6,000

20% ($1,200)
6.75%

Loan Term

Principal & Interest$31
Property Tax (est.)$6
Insurance (est.)$150
Total Monthly$187
Full Calculator →

How to Buy This Home

Multiple financing options available for this $6,000 home in LAKE WALES.

🏛️

FHA Loan

$210 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$300 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

More Homes in Lake Wales

More Homes in Lake Wales

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: July 28, 2026.

Call (813) 733-7907TextContact