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9035 Temple Drive
Lake Wales FL 33898 US

$229,000

Active Listing ID A11919610
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Triplex

$229,000

Active Listing ID A11919610
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9035 Temple Drive 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. 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. 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!

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Triplex
  • Features
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Hardwood, Wood
  • Roof Type: Metal
  • Heating Fuels: Wall Furnace
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Triplex
  • listprice: 229000
  • unparsedaddress: 9035 Temple Drive
  • postalcity: Lake Wales
  • stateorprovince: FL
  • country: US
  • postalcode: 33898
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Tania Bobe
  • listagentemail: tania@mbnarealty.com
  • listagentkey: 3yd-MAORFL-3342106
  • listagentmlsid: 3342106
  • listagentpreferredphone: 8632702138
  • listagentofficephone: 8773662213
  • listofficekey: 3yd-MAORFL-LPTR01
  • listagentstatelicense: 3342106
  • listofficemlsid: LPTR01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1989
  • listagenturl: http://lpt.com
  • countyorparish: Polk
  • parcelnumber: 29-31-05-000000-023030
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Block
  • flooring: Hardwood, Wood
  • heating: Wall Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: True
  • waterfrontfeatures: Canal Front, Waterfront
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LPT Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tania@mbnarealty.com", "ListBrokerageCity":"Lake Mary", "ListBrokerageCountry":"US", "ListBrokerageEmail":"boards@lpt.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"LPT Realty LLC", "ListBrokeragePhone":"(877) 366-2213", "ListBrokeragePostalCode":"32746", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1400 S International Parkway", "ListBrokerageWebsiteUrl":"http://lpt.com", "ListOfficeAddress1":"1400 South International Parkw", "ListOfficeAddress2":"Suite 1020", "ListOfficeBrokerMlsId":"3378992A", "ListOfficeCity":"Lake Mary", "ListOfficeCountry":"US", "ListOfficeEmail":"flbrokers@lptrealty.com", "ListOfficePostalCode":"32746", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Lake Wales, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/9035-Temple-Dr_Lake-Wales_FL_33898_M61436-86860?f=listhub&s=MAORFL&m=A11919610&c=rexren", "MLSModificationTimestamp":"2026-02-26T09:21:16Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2780, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/11/2026 3:18:15 PM GMT
Source Updated Date: 3/27/2026 7:03:21 PM GMT

Courtesy of: Tania Bobe, LPT Realty, LLC, tania@mbnarealty.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.