$650,000
About this home
An exceptional 16-acre development opportunity in the high-growth Babson Park/Lake Wales area! Positioned in a rapidly expanding region, this property is currently zoned Agricultural/Rural Residential (ARRX) with a future land use designation of Residential Medium (RM) or Residential High (RH), making it ideal for residential development such as single-family homes, townhomes, or multi-family units. Strategically located near major roads, schools, and shopping, this site benefits from strong residential demand and increasing property values. A 4-acre adjacent lot at the corner of Freedlander & Lewis Griffin is also available, offering additional institutional zoning flexibility. The property has utilities available, with a Lake Wales Water Capacity Exchange agreement in place to access the main water line. The topography is mostly level, and the land is located in Flood Zone X, minimizing flood risk. Polk County continues to experience rapid growth, with 82+ new residents per day, fueling high housing demand and increasing property values. The median home price has risen 9.8% year-over-year, reflecting the area's strong real estate market. The site is conveniently located near US-27 and I-4, with easy access to shopping centers, schools, and medical facilities. This is a prime location for builders, developers, and investors seeking to capitalize on Central Florida’s booming housing market.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRL4950578
- Property type
- Land
- Subdivision
- N/A
- Status
- Active
- Days on market
- 494
- On market date
- February 6, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 16 acres
Location
Get directions →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.
- Enrollment
- 690
- Student:teacher ratio
- 14.7:1
- District
- POLK
- Enrollment
- 449
- Student:teacher ratio
- 12.5:1
- District
- POLK
- Enrollment
- 1,560
- Student:teacher ratio
- 22.6:1
- District
- POLK
Walkability
Blended score for BABSON PARK'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).
Market position
How this listing compares to current activity in BABSON PARK, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 14, 2026.
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.