Land at US-27, LAKE WALES
1 photo

$425,000

US-27
LAKE WALES, FL 33859
Listed by Anthony Medina · KELLER WILLIAMS REALTY SMART 1
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS #
MFRP4940055
Property type
Land
Subdivision
CENTRAL LAKE ESTATES
Status
Active
Days on market
N/A
On market date
October 2, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
8 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).

Elementary
GARDEN GROVE ELEMENTARY SCHOOL
3.21 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
601
Student:teacher ratio
16.7:1
District
POLK
Middle
DUNDEE RIDGE MIDDLE ACADEMY
4.35 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
761
Student:teacher ratio
19.5:1
District
POLK
High
ROOSEVELT ACADEMY
3.68 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).

24
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average 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 LAKE WALES, from live MLS data.

On the market 0 days -- 165 fewer days than LAKE WALES's current average of 165 days.
For reference, the median list price across 797 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
$2,709/mo
$85,000 down
$340,000 loan
Principal & interest$2,205
Property tax (est.)$354
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.