Land at STATE ROAD 60 E, LAKE WALES
Land at STATE ROAD 60 E, LAKE WALES, photo 2 of 6
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6 photos

$385,000

STATE ROAD 60 E
LAKE WALES, FL 33898
Listed by Feng Wu · SIGNATURE REALTY ASSOCIATES
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

A prime corner lot at the intersection between SR 60 and Doherty Dr, Lake Wales. This property is currently zoned as Agriculture/Rural Residential(ARR), which allows a series of land uses, like religious institution, isolated convenience store, mobile home park etc (see attachment for all allowable land uses under ARR). Also, it can be rezoned to commercial use and has great commercial potential. Its frontage along with SR 60 has 660 feet. Strong, unobstructed visibility from SR 60; 13,700-16,800 Annual Average Daily Traffic (AADT); and easy ingress/egress with corner positioning, turn lanes and median cuts. Adjacent to Doherty Dr., the only access road leading into a 1,400-unit residential community, including NALCEST, Walden Shore of Lake Wales, and Lakeshore. There are other multiple communities within 7 miles, including Indian Lake Estates, Lake Walk-in-Water Estates and Saddlebag Lake Resort etc. Gold Coast Utilities is nearby and willing to extend utilities to the site. Size is 5.05 acres and flood zone X. It has enough space and is easy to develop businesses to serve locals. Don’t miss this investment opportunity. Seller Financing available. The cross-street property (TB8427879) is also available.

Property details

MLS #
MFRTB8459688
Property type
Land
Subdivision
LAKE HAVEN ACRES
Status
Active
Days on market
132
On market date
December 30, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
5.05 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
DALE R FAIR BABSON PARK ELEMENTARY
7.24 mi away · Grades 0-5
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
491
Student:teacher ratio
16.4:1
District
POLK
Middle
None found nearby
High
None found nearby

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).

13
Very car-dependent
out of 100
EPA National Walkability Index
4.0 / 20 -- Least walkable
Nearby-amenity density
3 / 100
Restaurants & cafes1
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 132 days -- 32 fewer 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
$2,469/mo
$77,000 down
$308,000 loan
Principal & interest$1,998
Property tax (est.)$321
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated May 11, 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.