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Overview

0 baLand
TypeLand
HOANone listed
Lot137,083 sqft

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About this home

Us-27 is a home Lake Wales. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Located in the rapidly growing city of Lake Wales, Florida, this ±3.15-acre commercial development site sits prominently along the bustling US 27 corridor. US 27 is a major north–south artery running from Fort Wayne, Indiana, to Miami, Florida, serving as a vital connection for both regional and local transportation. This premium property offers 450 feet of high-visibility frontage on US 27 and is zoned by Polk County as a Linear Commercial Corridor, allowing for a wide range of uses including childcare, medical office, clinic, office park, professional services, restaurant, retail, and veterinary services. The surrounding area is experiencing significant growth and residential expansion, with recent developments including the Alera at Hunters Glen apartment complex, KB Homes’ Forest Lake Townhomes, and Lennar’s Leoma’s Landing single-family community. Public utilities are available nearby within these residential neighborhoods, further supporting development potential.

The essentials

On market
410 days
Annual tax
$5,412
Flood zone
X · Low risk
Lot
137,083 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$9,596/mo
Down payment (20%)
$320,000
Property taxes
$451/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
137,083 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
410
Flood Zone X
Annual Tax (2024)
$5,412
Parcel #
27-29-08-000000-022030

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
33859 - Lake Wales
Lot Size
137,083 sqft

Price history

Date
Event
Price
8/27/2025
Listed for sale
Source: Stellar MLS #P4936152
$1,600,000

Neighborhood

Us-27
Lake Wales, FL, 33859 · 33859 - Lake Wales

Calculator

Est. monthly payment
$9,596/mo
Principal & interest$8,345
Property taxes$451
Insurance$800
Down payment20% · $320,000
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

$1,600,000

Time on market

410 days

Monthly payment

About $9,596/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,412 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 byKELLER WILLIAMS REALTY SMART 1Listing agent: David ReyesListing data from Stellar MLS, MLS# P4936152.

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