$1,150,000
Active441 S 11th St, Lake Wales, FL 33853
3,310 sq ft
Listing courtesy of LEGACY REAL ESTATE CENTER INC · MLS# K4903645
103 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
Exceptional medical office opportunity in the heart of Lake Wales’ premier medical district! Ideally situated on a highly visible corner lot directly across from the AdventHealth Lake Wales Hospital campus, this versatile property offers an outstanding combination of location, functionality, and future growth potential. The approximately 3,300-square-foot medical office was previously operated as a successful ophthalmology practice and surgical suite and is thoughtfully designed for medical or professional use. The building features three exam rooms, an oversized reception and waiting area, a dedicated optical display room, abundant storage throughout, a separate lab, kitchen/break room, staff lockers, and two restrooms. Whether you’re opening a specialty practice, expanding an existing healthcare business, or reconfiguring the space for another professional use, this well-designed facility provides an exceptional foundation. The property includes 13 designated parking spaces serving the medical office, along with a detached storage building for additional convenience. What truly sets this offering apart is the inclusion of a second parcel featuring a 3-bedroom, 2-bath home currently leased for $1,550 per month, providing immediate rental income while preserving valuable land for future expansion. With a combined site totaling just under three-quarters of an acre, the possibilities are endless—from expanding the existing medical facility to developing an entirely new healthcare or professional campus. Properties offering this combination of a prime medical location, income-producing assets, expansion potential, and generous parking are a rare find. Don’t miss this unique investment and development opportunity in one of Lake Wales’ most desirable commercial corridors.
Facts
- Property type
- Medical Office
- Year built
- 1976
- Flood zone
- X
- Annual taxes
- $10,507/yr
- Listed
- Jul 15, 2026
- MLS #
- K4903645
Commercial details
Building & site
- Building size
- 3,402 SF
- Lot size
- 0.72 acres (31,364 SF)
- Road frontage
- City Street
- Buildings
- 3
- Building features
- Bathrooms, Kitchen Facility, Reception, Seating, Waiting Room
Investor metrics
- Price per SF (MLS)
- $338.04/SF
- Units
- 2
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
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441 S 11th St, Lake Wales, FL 33853
Listing courtesy of LEGACY REAL ESTATE CENTER INC · MLS# K4903645 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.


