INNOVATE Real Estate
Land at 203 EMERALD AVE, LAKE WALES
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6 photos

$149,000

203 EMERALD AVE
LAKE WALES, FL 33853
Listed by EXP REALTY LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Prime Commercial Corner Lot – Across from Publix 0.22-acre vacant commercial lot in the heart of Lake Wales, located within the Community Redevelopment Area (CRA) — offering potential eligibility for development incentives. Corner lot with excellent visibility, positioned directly across from Publix and next to a daycare, with frontage on both Emerald Ave and 2nd St. Also Paved Bonus Area – Perfect for parking, display, or future use. Shaded by mature trees and ready to support a variety of commercial needs. Zoned commercial and ideal for retail, office, medical, or QSR (Quick Service Restaurant – fast food or counter-service). Utilities available at the site. Surrounded by established businesses and residential neighborhoods in a high-traffic area.

Property details

MLS #
MFRO6312263
Property type
Land
Subdivision
TIBADOS SUB
Status
Active
Days on market
397
On market date
May 29, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.22 acres

Location

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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
POLK AVENUE ELEMENTARY SCHOOL
0.26 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
544
Student:teacher ratio
16.5:1
District
POLK
Middle
MCLAUGHLIN MIDDLE SCHOOL AND FINE ARTS ACADEMY
0.37 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
449
Student:teacher ratio
12.5:1
District
POLK
High
ROOSEVELT ACADEMY
1.39 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
274
Student:teacher ratio
9.4:1
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).

68
Walkable
out of 100
EPA National Walkability Index
9.8 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks3
Schools7
Transit stops7
Pharmacies1

Market position

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

On the market 397 days -- 232 more days than LAKE WALES's current average of 165 days.
For reference, the median list price across 799 active listings in LAKE WALES right now is $175,000.

Mortgage calculator

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

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Est. monthly payment
$1,047/mo
$29,800 down
$119,200 loan
Principal & interest$773
Property tax (est.)$124
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 6, 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.