Land at STATE ROAD 60 E, LAKE WALES
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$540,000

STATE ROAD 60 E
LAKE WALES, FL 33898
Listed by David Reyes · KELLER WILLIAMS REALTY SMART 1
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

10.96 +/- Acre corner lot, vacant land, with premium frontage on State Road 60 in Lake Wales. This amazing site is situated just outside of the city limits of Lake Wales and one of the few properties in the area with partial commercial zoning.   It is within close proximity to a number of high traffic stores and amenities. Only 2.5 miles to Walmart, 4.4 miles to Publix, 6.2 miles to Bok Tower, 5.3 miles to downtown Main St, and 7 miles to the local favorite- Crazy Fish. State Road 60 is the main thoroughfare across the State of Florida connecting The East Coast in Vero Beach to the West Coast in Tampa Florida directly through Lake Wales. With a traffic count of 19,900 cars per day according to the FLDOT, this site has premium visibility and would be a fantastic acquisition for an investor or entrepreneur.    The lightly wooded lot has a front portion that is zoned CE (Commercial Enclave)  which allows for retail opportunities and even has a conditional use for a gas station. The rear portion of the lot is zoned RS (Residential Suburban) which allows for Single Family detached homes with a density of 1du/ 5 acres.  The property has 4.5+/- acres of high and dry land while the remainder is positioned in Flood Zone A.  Potential to rezone the property for one sole use pending a pre application process and Level 4 review with the county.  Don't miss this incredible opportunity for development.

Property details

MLS #
MFRP4928255
Property type
Land
Subdivision
N/A
Status
Active
Days on market
719
On market date
November 28, 2023
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
10.96 acres
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Walkability

Blended score for LAKE WALES's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 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
Nearby-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 719 days -- 555 more days than LAKE WALES's current average of 164 days.
For reference, the median list price across 772 active listings in LAKE WALES right now is $170,000.

Mortgage calculator

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Est. monthly payment
$3,402/mo
$108,000 down
$432,000 loan
Principal & interest$2,802
Property tax (est.)$450
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 15, 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.