Land at 742 N LAKE REEDY BLVD, FROSTPROOF
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$850,000

742 N LAKE REEDY BLVD
FROSTPROOF, FL 33843
Listed by Dana Hall-Bradley · BETTER HOMES & GARDENS LIFESTYLES REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
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About this home

Exceptional opportunity to own 17 acres across from beautiful Lake Reedy in Frostproof! This expansive property offers approximately a quarter mile of frontage along North Lake Reedy Boulevard and more than a quarter mile along County Road 630, including a prominent corner location. Lake views, extensive road frontage and convenient access create exciting possibilities for investors and developers. Explore the potential for separated homesites, commercial uses along the highway, or a thoughtfully planned combination with green space separating the two. All proposed uses are subject to zoning and applicable approvals. Approximately 3,500-acre Lake Reedy sits directly across the street, with a public boat ramp less than a quarter mile away. County Road 630 connects to State Road 60, providing access toward Florida’s east coast. Nearby home construction and continued growth throughout Polk County add to the appeal of this versatile acreage. Discover the possibilities in a scenic setting with convenient regional connections! PROPERTY IS BEING SOLD AS ONE BUT IT'S BEEN SEPERATED IN TO TWO SEPERATE PARCELS. ONE IS * 6.70 ACRES (can be used as commercial property) COMM INT OF W LN OF SE1/4 OF NE1/4 OF SEC &R/W LN OF SR 630 RUN N59-40-53E 376.80 FT TOPOB N59-40-53E 830 FT NELY ALONG CURVE 255.82FT S00-12-17E 90.18 FT S02-38-43E 100.08 FTS00-55-39E 100.01 FT S00-21-17E 36.37 FT SWLYALONG CURVE 96.30 FT S59-40-53W 830 FTN30-19-07W 300 FT TO POB******************************** 10.31 ACRES THAT PART OF SE1/4 OF NE1/4 LYING N OF LAKEREEDY BLVD & S OF SR 630 LESS MAINT R/W &LESS THAT PT LYING WITHIN THE FOLL DESC:COMM INT OF W LN OF SE1/4 OF NE1/4 OF SEC &R/W LN OF SR 630 RUN N59-40-53E 376.80 FT TOPOB N59-40-53E 830 FT NELY ALONG CURVE255.82 FT S00-12-17E 90.18 FT S02-38- 43E100.08 FT S00-55-39E 100.01 FT S00-21-17E

Property details

MLS
Stellar MLS
MLS #
MFRS5160139
Property type
Land
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
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Parking spaces
N/A
Lot size
17.1 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.

Elementary
FROSTPROOF BEN HILL GRIFFIN JR ELEMENTARY SCHOOL
1.33 mi away · Grades -1-5
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
871
Student:teacher ratio
15.6:1
District
POLK
MiddleCharter
BOK ACADEMY
6.57 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
603
Student:teacher ratio
19.5:1
District
POLK
High
FROSTPROOF MIDDLE/SENIOR HIGH
1.11 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 FROSTPROOF'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).

14
Very car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 0 days -- 348 fewer days than FROSTPROOF's current average of 348 days.
For reference, the median list price across 419 active listings in FROSTPROOF right now is $49,000.

Mortgage calculator

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

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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 days 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.