Sold
Last Sold Price
4,020 sqft
3151 Canal Rd, Lake Wales, FL 33898
Mixed UseProperty Type
1.14 acresLot Size
1987Year Built
$216/sq ftPrice per sq ft

Description

Mini plaza 3 units containing Convenience Store business, fixtures and inventory, plus rental income from Hair Salon and Restaurant.Mini plaza 3 units containing Convenience Store business, fixtures and inventory, plus rental income from Hair Salon and Restaurant.
Listing closed: 03/22/2024 12:00 AM • Source: MFRMLS, MLS#: J973695

Recent comparable sales

Median sold price

$55,000

Avg days on market

110

Sale-to-list ratio

77.4%

Lake Wales, FL

9 comparable properties found

$320,000 | 247 East Stuart Avenue, Lake Wales, FL 33853
1/2
1

$320,000

Sold 10/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
4,388
Square Feet
0.06
Acres
an aerial view of a house
1/2
2

$330,000

Sold 04/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,144
Square Feet
5.58
Acres
$55,000 | Windward Palms Ct Lake, Lake Wales, FL 33898
1/2
3

$55,000

Sold 04/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.68
Acres
4

$1,000,000

Sold 08/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,104
Square Feet
42.87
Acres
a view of a city
1/2
5

$31,500

Sold 11/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.19
Acres
$18,500 | 7079 Tamarind Way, Lake Wales, FL 33898
1/2
6

$18,500

Sold 03/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$16,250 | 0 Cerimen Street, Lake Wales, FL 33898
1/2
7

$16,250

Sold 02/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$16,250 | 4259 Cerimen Street, Lake Wales, FL 33898
1/2
8

$16,250

Sold 02/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
a view of a flower in a garden
1/2
9

$175,000

Sold 02/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.19
Acres

Location

Sold By COLDWELL BANKER REALTY, Don Cleveland, JR

Add your commute

Payment Calculator

$4,855 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,496

Property Taxes

$359

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3151 Canal Road

Property Details
  • Taxes: $4,310 / year
  • MLS Type: Commercial Sale / Mixed Use
  • County: Polk County
  • Township: 28
  • Waterfront: No
Building Information
  • Residences: 3
  • Year Built: 1987
  • Lot Size: 1.14 AC / 49,500 SF
Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4020.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • Directions: US-60 Lake Wales to North on Buck Moore Rd to NE on Masterpiece Rd to N on Timberlane Rd to E on Canal Rd to property. 3151, 3153, 3155 Canal Road.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Road Frontage Type: County Road
  • Unit Number: No
  • Street Number: 3151
  • Street Name: Canal
  • Street Suffix: ROAD
  • State: FL
  • City: LAKE WALES
Parking
  • Parking Features: 13 to 18 Spaces
Taxes and HOA Information
  • Tax Book Number: P-81
  • Tax Legal Description: COMM AT SW COR OF SEC RUN E 603.5 FT N 30 FT TO N R/W CANAL RD TO POB CONT N 165 FT E 200 FT S 165 FT W 200 FT TO POB. NOTE: 100 feet canal Road frontage adjoins east property line providing 300 feet total frontage thereby increasing subject parcel sold to 1.14 acre.
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Easements: Electric Lines
  • Lot Size Dimensions: 300 x 165
  • Parcel Number: 282832000000044090
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 4020
  • Lot Dimensions: 300 x 165
Property and Assessments
  • Year Built Numeric: 1987
  • Adjoining Property: Residential, Undeveloped
  • Flood Zone Code: X
  • Flood Zone Date: 12-22-2016
  • Flood Zone Panel: 12105C0560H
  • New Construction: No
  • Number Of Lots: 1
  • Property Condition: Completed
  • Public Survey Range: 28
  • Public Survey Section: 32
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Converted Residence: No
  • Foundation Details: Slab
  • Levels: One
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Central Air
  • Heating: Central Individual, Electric
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Property History for 3151 Canal Road

DateEvent & SourcePriceAppreciation
Mar 22, 2024

Sold

MFRMLS #J973695

$870,000
Mar 22, 2024

Listed (Active)

MFRMLS #J973695

$870,000
Feb 22, 2024

Sold (Public Record)

Public Record #1529652033

$870,000
DateEvent & SourcePrice
03/22/2024

Sold

MFRMLS #J973695

$870,000
03/22/2024

Listed (Active)

MFRMLS #J973695

$870,000
02/22/2024

Sold (Public Record)

Public Record #1529652033

$870,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3151 Canal Road

Taxable ValueLand$5,073Additions$218,098Total$223,171
Tax Record2025$3,124 ($260 / month)
Home Facts
Total Finished SqFt4,020 SqFtAbove Grade Finished SqFt4,020 SqFtStories1Lot Size50,721 SqFtStyleShopping CenterYear Built1987Year Renovated1993CountyPOLKAPN28-28-32-000000-044090

Schools near 3151 Canal Road

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 11
Rating
School
Distance
Sandhill Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3151 Canal Road, Lake Wales, FL 33898
$870,000
4,020
49,500
1
2,628
355,214
728,179
30,065
24,010
225,854

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/28/2024 01:23 PM