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129 Masterpiece Rd, Lake Wales, FL 33898
About this home
Looking for a turn key investment property? This furnished duplex offers 2 units with 1 bedroom and 1 bath, living room. kitchen, eating area and Florida room. The . 57 acre lot offers a view of Lake Starr from the front and a fenced back yard with plenty of parking, plus a 2 car carport and another large carport for a boat or RV. There is also plenty of storage. This property has always been used as a vacation home for the owners, but would also be great for AirBnB, short-term or long-term rentals. Close to shopping, attractions and many lakes.
Redfin Estimate
Market trends in 33898, FL
Last updated August 2026
Buyer's Market
Seller's Market
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Provided by Redfin
Sale history for 129 Masterpiece Rd
$1/sq ft
$1/sq ft
$1/sq ft
$1/sq ft
$1/sq ft
$1/sq ft
$191/sq ft
$195/sq ft
$69/sq ft
$34/sq ft
Tax history for 129 Masterpiece Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
A/RR
Rural Agricultural/Residential District
The purpose of the A/RR district is to provide lands for the continuation of productive agricultural uses and to provide for very low density residential development within unincorporated rural areas. The A/RR district permits agricultural activities, agricultural support facilities, multi-family dwelling units, farm labor housing, group living facilities, and community facilities.Include but are not limited to:
- Agriculture
- Greenhouse / nursery
- Livestock production
- Housing-Single unit
- Infrastructure
- Kennel
- Veterinary clinic
Property details
Parking
- Parking Information
- Parking Features: Covered
- Has Carport
- Carport Spaces: 4
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms: 2
- Laundry Room Information
- Laundry Features: Outside
- Heating & Cooling
- Heating Information: Wall Units / Window Unit
- Cooling Information: Wall/Window Unit(s)
- Interior Features
- Interior Features: Window Treatments
- Flooring: Laminate, Tile
- Multi-Family Financial Information
- Annual Net Income: 0.00
- Multi-Unit Information
- Unit Number YN: 0
- # of Units (Total): 2
- # of Units: 2
- Unit Type 1 Information
- Unit Type: 1 Bedroom
- # of Bathrooms: 1
- # of Bedrooms: 1
- Unit Type 2 Information
- Unit Type: 1 Bedroom
- # of Bathrooms: 1
- # of Bedrooms: 1
Exterior
- Building Information
- Construction Materials: Block
- Roof: Shingle
- Exterior Features
- Patio And Porch Features: Enclosed, Side Porch
- Exterior Features: Fence, Irrigation System, Storage
- Property Features
- Universal Property Id: US-12105-N-272914860590000509-R-N
- Waterfront Information
- Water Body Name: LAKE STARR
- Waterfront Feet Total: 0
- Water View Y/N: 0
- Water Access Y/N: 0
- Water Extras Y/N: 0
- Property Information
- Total Num Buildings: 1
- CDD Y/N: 0
- Homestead Y/N: 0
- Property Type: Residential Income
- Property Sub Type: Duplex
- Other Structures: Storage
- Land Information
- Total Acreage: 1/2 to less than 1
- Lot Information
- Lot Features: In County, Level
- Lot Size Acres: 0.57
- Road Surface Type: Paved
- Lot Size Square Meters: 2291
Financial
- Tax Information
- Tax Annual Amount: $1,613
- Tax Year: 2021
Utilities
- Utility Information
- Water Source: Well
- Sewer: Septic Tank
- Utilities: Electricity Connected
Location
- HOA Information
- MFR_Association2YN: 0
- Location Information
- Directions: Hwy 27 to Chalet Suzanne Rd onto Masterpiece Rd to 4th house on left.
Public facts
- Beds: 1
- Baths: 1.0
- Sq. Ft.: 1,152
- Stories: 1.0
- Lot Size: 0.57 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1957
- Year Renovated: 1971
- County: Polk County
- APN: 272914860590000509
Other
- Miscellaneous Information
- Third Party YN: 1
- Listing Information
- Attribution Contact: 863-676-4448
- Previous Status: Pending
- Backups Requested YN: 1
- Listing Date Information
- Days to Contract: 27
- Status Contractual Search Date: 2022-12-07
- Listing Price Information
- Calculated List Price By Calculated Sq Ft: 195.31
- Green Information
- Green Verification Count: 0
- Home Information
- Living Area: 1152
- Living Area Units: Square Feet
- Living Area Source: Public Records
- Living Area Meters: 107.02
- Building Area Units: Square Feet
- Foundation Details: Crawlspace
Around this home
Schools
Public PreK-5 • Assigned • 3.5mi
Public 6-11 • Assigned • 5.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
6% chance of being in a wildfire in next 30 years
7 days above 108° expected this year, 24 days in 30 years
99% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 8.7 hours in June and 6.7 hours in December, placing it above the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 33898
Home values near 129 Masterpiece Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1582 Sq. Ft. | $265,249 |
2 Beds | 2 Baths | 1136 Sq. Ft. | $213,655 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1494 Sq. Ft. | $287,150 |
3 Beds | 2 Baths | 1394 Sq. Ft. | $248,194 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1584 Sq. Ft. | $247,172 |
5 Beds | 4 Baths | 4697 Sq. Ft. | $601,095 |
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