8418 Us Highway 98 N, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot159,790 sqft

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About this home

8418 Us Highway 98 N is a home Lakeland. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY ON US HIGHWAY 98 NORTH IN LAKELAND! Discover 10.13 contiguous acres offering outstanding highway visibility, approximately 325 feet of frontage along US Highway 98 North, and a strategic location in one of Lakeland's established commercial corridors. This unique offering consists of two adjoining parcels totaling approximately 7.92 acres and 2.21 acres, providing an opportunity for investors, developers, and businesses seeking substantial acreage along a major Central Florida transportation corridor. The property benefits from its location along a heavily traveled roadway surrounded by established commercial activity and growing residential communities. The existing Linear Commercial Corridor (LCC) future land-use boundary extends beyond the 2.21-acre commercial parcel and into the adjoining 7.92-acre residential parcel, presenting an opportunity to pursue additional commercial land-use and zoning approvals within the established corridor. The MLS reflects a county-imported C-3 zoning designation; however, zoning and land-use classifications may differ between the parcels. Any proposed changes in use, rezoning, or development are subject to Polk County review and applicable governmental approvals. The property features direct frontage along US Highway 98 North and access from Banana Road, offering multiple points of connectivity. Preliminary utility research has identified nearby public water infrastructure and potential service connection opportunities, subject to utility provider confirmation, engineering requirements, available capacity, and associated improvements. The substantial acreage and highway exposure make this an attractive opportunity to explore a variety of development concepts, including potential phased development, subject to applicable land-use regulations and site-specific feasibility. Two existing manufactured homes used as rentals are located on the property and are included in the sale, although the property is being marketed primarily for its land value and development potential. Conveniently located in North Lakeland with access to surrounding residential neighborhoods, established businesses, and major transportation routes, this offering presents an opportunity to secure a sizable landholding in the Lakeland market. Buyer and buyer's representatives are responsible for independently verifying zoning, future land use, utilities, access, permitted use, environmental conditions, development feasibility, and all applicable governmental requirements.

The essentials

On market
13 days
Annual tax
$7,935
Flood zone
X · Low risk
Lot
159,790 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$23,517/mo
Down payment (20%)
$799,800
Property taxes
$661/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
159,790 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
13
Flood Zone X
Annual Tax (2025)
$7,935
Parcel #
23-27-11-000000-012020

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Polk
MLS Area
33809 - Lakeland / Polk City
Lot Size
159,790 sqft

Price history

Date
Event
Price
10/16/2026
Listed for sale
Source: Stellar MLS #L4965818
$3,999,000

Neighborhood

8418 Us Highway 98 N
Lakeland, FL, 33809 · 33809 - Lakeland / Polk City

Calculator

Est. monthly payment
$23,517/mo
Principal & interest$20,856
Property taxes$661
Insurance$2,000
Down payment20% · $799,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$3,999,000

Time on market

13 days

Monthly payment

About $23,517/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,935 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byBHHS FLORIDA PROPERTIES GROUPListing agent: Jason StoneListing data from Stellar MLS, MLS# L4965818.

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