Blue Lake Weekly Rentals

For Sale

3724 Scenic Highway South, Lake Wales, FL 33898

This Lake Wales property for sale is located at 3724 Scenic Highway South. The current listed sale price for Blue Lake Weekly Rentals is $1,500,000. Blue Lake Weekly Rentals is situated on a lot that is 4.64 acre in size.

Contacts

broker

Christopher Minchin

The Apartment King

(321) 275-5464

Property Details

  • Property Type Multi-Family
  • Property Size 9,382 SF
  • Units 20
  • Lot Size 4.64 Acre
  • Date Updated Mar 1, 2024
.Blue Lake Weekly Rentals is a 20 unit multifamily community that's currently zoned & operated as a waterfront fully-furnished weekly-rental in Lake Wales, Florida. This property is the perfect opportunity to convert to annual lease multifamily or as a hybrid of Weekly Rentals & Annual Leases. This one-of-a-kind opportunity to own approximately 400' of sandy shoreline on a 104 acre private lake called Blue Lake which is a private, extremely clean & deep lake perfect for all sorts of water activities! Blue Lake is known as a waterskiing community, it's also great for other types of water sports including fishing & jet skiing, or simply enjoy the serene views from the sandy beach area! There are 11 buildings that range in construction type including manufactured houses, wood-frame single family and concrete block duplexes that were built between 1948-1974. This property is on well-water that is tested monthly and sent to the State quarterly. There are seven septic systems that service all of the buildings for sewage. There are approximately 15 individually metered electrical meters that service the property. The current owner is running the property as a weekly rental motel with Studios (6) $375-$400/weekly, 1-bedroom units (6) $400-450/weekly and 2-Bedrooms (8) at $450-$500/weekly.

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Getting around

  • 17/100

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Location

  • City Lake Wales, FL
  • Zip Code 33898
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Shell

    1.61 miles

  • Murphy USA

    3.11 miles

  • Sunoco

    3.54 miles

  • Citgo

    3.72 miles

  • Citgo

    7.56 miles

  • Wawa

    7.81 miles

  • Marathon

    8.17 miles

  • "Raymonds"

    9.67 miles

  • Sunoco

    9.67 miles

  • Murphy USA

    9.81 miles

  • Crooked Lake Prairie Parking

    3.24 miles

  • Lake Wales Inn

    2.92 miles

  • Blue Star Lodge

    3.05 miles

  • Travel Inn

    3.05 miles

  • Grove Motel

    3.10 miles

  • Lagoon Inn Motel

    3.21 miles

  • Towerview Motel

    4.99 miles

  • Hampton Inn & Suites

    7.12 miles

  • Holiday Inn Express Lake Wales N-Winter Haven

    8.21 miles

  • SunRay Motel

    9.75 miles

  • Publix

    3.00 miles

  • Walmart Supercenter

    3.06 miles

  • Save-A-Lot

    3.89 miles

  • Save-A-Lot

    7.09 miles

  • Eagle Ridge Mall

    7.54 miles

  • Aldi

    7.85 miles

  • Publix

    7.95 miles

  • Walmart Supercenter

    9.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Christopher Minchin

The Apartment King

(321) 275-5464