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$499,900

10721 LEISURE LN E
LAKE WALES, FL 33898
Listed by Jessie Le · DALTON WADE INC
Bedrooms
N/A
Bathrooms
N/A
Living area
3,460 sqft
Year built
1979

About this home

RARE DEVELOPMENT OPPORTUNITY IN LAKE WALES! Offered at $499,900, this versatile property presents an exciting opportunity for investors, developers, owner-users, or those looking for space and flexibility in a growing area of Polk County. Formerly used as a faith-based facility, the property features an existing approximately 3,460 SF building with substantial parking and a large site marketed at approximately 6.73 acres. The existing structure offers an excellent starting point for a variety of potential uses, while the expansive property provides room to explore future redevelopment opportunities. Whether you're considering an agricultural use, multifamily concept, community-oriented project, profitable investment project, or another permitted use, this property offers a unique combination of an existing building, open land, and strategic location. Located in unincorporated Polk County near Lake Weohyakapka, the property provides convenient access to Lake Wales and surrounding communities. Bring your vision and explore the possibilities! Don't miss out on an exceptional opportunity to acquire a property with significant potential at an attractive price point.

Property details

MLS #
MFRTB8552487
Property type
Mixed Use
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
6.73 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
DALE R FAIR BABSON PARK ELEMENTARY
6.88 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
491
Student:teacher ratio
16.4:1
District
POLK
Middle
None found nearby
High
FROSTPROOF MIDDLE/SENIOR HIGH
9.87 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,120
Student:teacher ratio
17.0:1
District
POLK

Walkability

Blended score for LAKE WALES's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

13
Very car-dependent
out of 100
EPA National Walkability Index
4.0 / 20 -- Least walkable
Google Places amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in LAKE WALES, from live MLS data.

On the market 0 days -- 164 fewer days than LAKE WALES's current average of 164 days.
For reference, the median list price across 784 active listings in LAKE WALES right now is $172,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,160/mo
$99,980 down
$399,920 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 12 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.