Commercial Sale · Medical Office
441 S 11TH STREET, LAKE WALES, FL, 33853
Active21 days on marketListed Jul 17, 2026MLS #K4903645
About this property
The property at a glance
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.
3,402
Building sq ft
$338
Price / sq ft
0.72
Lot acres
1976
Year built
2
Units
3
Buildings
Medical Office
Property type
The numbers
Investment snapshot
$575,000
Price / unit
2
Units
Estimated payment (illustrative)
Estimated payment
$6,207/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
12,385
Population
$40,938
Median income
37.3
Median age
2.57
Avg household
$198,100
Median home value
$965/mo
Median rent
1,565
Households w/ kids
Recent sales
What actually sold near 441 S 11TH STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$170,000
107 E CRYSTAL AVENUE
3,270 sqft · $52/sqft · Sold Feb 3, 2025
$275,000
180 DR J A WILTSHIRE AVENUE E
3,200 sqft · $86/sqft · Sold Oct 24, 2025
$495,000
603 N SCENIC HIGHWAY
2,989 sqft · $166/sqft · Sold May 27, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 441 S 11TH STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 441 S 11TH STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of LEGACY REAL ESTATE CENTER INC · Dolores Vogel. MLS #K4903645.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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