For sale· 510 days on market

STATE ROAD 60

Lake Wales, FL, 33898·MLS# P4928255

$580,000

Estimated $3,799/mo estimated

10.96 ac
Lot size
  • Land
  • 10.96 acre lot

About this home

10.96 +/- Acre corner lot, vacant land, with premium frontage on State Road 60 in Lake Wales. This amazing site is situated just outside of the city limits of Lake Wales and one of the few properties in the area with partial commercial zoning.   It is within close proximity to a number of high traffic stores and amenities. Only 2.5 miles to Walmart, 4.4 miles to Publix, 6.2 miles to Bok Tower, 5.3 miles to downtown Main St, and 7 miles to the local favorite- Crazy Fish. State Road 60 is the main thoroughfare across the State of Florida connecting The East Coast in Vero Beach to the West Coast in Tampa Florida directly through Lake Wales. With a traffic count of 19,900 cars per day according to the FLDOT, this site has premium visibility and would be a fantastic acquisition for an investor or entrepreneur.    The lightly wooded lot has a front portion that is zoned CE (Commercial Enclave)  which allows for retail opportunities and even has a conditional use for a gas station. The rear portion of the lot is zoned RS (Residential Suburban) which allows for Single Family detached homes with a density of 1du/ 5 acres.  The property has 4.5+/- acres of high and dry land while the remainder is positioned in Flood Zone A.  Potential to rezone the property for one sole use pending a pre application process and Level 4 review with the county.  Don't miss this incredible opportunity for development.

Facts & features

Property

Type
Land
Lot size
10.96 acres

Financial

Annual taxes
$2,456

Estimate your monthly payment

$116,000

$3,799/ month estimated

  • Principal & interest$3,025
  • Property tax$532
  • Insurance$242

Illustrative estimate — not a lending offer.

Location

Lake Wales, FL

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Courtesy of KELLER WILLIAMS REALTY SMART 1

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Listing data courtesy of KELLER WILLIAMS REALTY SMART 1. My request routes to reThought Real Estate in DashBrew CRM.

$580,000