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Overview

0 baLand
TypeLand
HOANone listed
Lot348,480 sqft

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About this home

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

From the listing

This is a great opportunity to own approximately 8 acres of land across six parcels in the fast-growing area of Lake Wales, Florida. Three of theparcels offer direct frontage on US Highway 27, providing excellent visibility and access for future development. The remaining three parcels areinterior but contiguous, creating a flexible layout for a range of residential uses. The property is zoned Residential R-2, which allows for singlefamily homes, duplexes, or small-scale multifamily development, subject to local approvals. The land is mostly level and partially cleared, withutilities available nearby. Conveniently located just minutes from downtown Lake Wales, major roadways, and local amenities, this site is idealfor builders, investors, or those looking for a long-term hold in a high-growth market.

The essentials

On market
7 days
Annual tax
$201
Flood zone
X, AE · Low risk
Lot
348,480 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$2,446/mo
Down payment (20%)
$85,000
Property taxes
$17/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
348,480 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
7
Flood Zone X, AE
Annual Tax (2024)
$201
Parcel #
27-30-26-000000-024150

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

Subdivision
Central Lake Estates
County
Polk
MLS Area
33859 - Lake Wales
Lot Size
348,480 sqft

Price history

Date
Event
Price
10/2/2026
Listed for sale
Source: Stellar MLS #P4940055
$425,000

Neighborhood

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

Calculator

Est. monthly payment
$2,446/mo
Principal & interest$2,217
Property taxes$17
Insurance$213
Down payment20% · $85,000
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

$425,000

Time on market

7 days

Monthly payment

About $2,446/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $201 annual tax bill, insurance.

Flood zone

Zone X, AE

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: Anthony MedinaListing data from Stellar MLS, MLS# P4940055.

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