$1,600,000
Us-27
Lake Wales, FL 33859
Listing updated: February 6, 2026 at 1:53 PM ET
Listing courtesy of Keller Williams Realty Smart 1 · David Reyes · MLS #P4936152 · Active · 863-508-3000Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Located in the rapidly growing city of Lake Wales, Florida, this ±3.15-acre commercial development site sits prominently along the bustling US 27 corridor. US 27 is a major north–south artery running from Fort Wayne, Indiana, to Miami, Florida, serving as a vital connection for both regional and local transportation. This premium property offers 450 feet of high-visibility frontage on US 27 and is zoned by Polk County as a Linear Commercial Corridor, allowing for a wide range of uses including childcare, medical office, clinic, office park, professional services, restaurant, retail, and veterinary services. The surrounding area is experiencing significant growth and residential expansion, with recent developments including the Alera at Hunters Glen apartment complex, KB Homes’ Forest Lake Townhomes, and Lennar’s Leoma’s Landing single-family community. Public utilities are available nearby within these residential neighborhoods, further supporting development potential.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history54 days on market
- Status: ActiveFeb 6, 2026
- Listed$1,600,000Sep 3, 2025
- Price increased$1,600,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 54
- County
- Polk
- Price/sq ft
- $12
- Lot size
- 137,083 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X (12105C0535H)
- Annual taxes
- $5,412 (2024)
- Parcel #
- 27-29-08-000000-022030
- Zoning
- LCC
- MLS #
- P4936152
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Electrical Nearby, Water Nearby
Listing Details
- Listing date
- 2025-08-27
- On market date
- 2025-09-03
- Original list price
- $1,600,000
- MLS area
- 33859 - Lake Wales
- Listing AOR
- East Polk
- Status changed
- 2026-02-06
- Tax legal description
- BEG 1276.86 FT N & 108.03 FT W OF SE COR OF SEC RUN S 88 DEG 35 MIN 35 SEC W 315.2 FT TO ELY R/W OF US HWY 27 RUN SLY ALONG RD R/W 450 FT N 88 FT 35 MIN 35 SEC E 322 FT ARC NWLY ON A BEARING N 21 DEG 01 MIN 10 SEC W 452.29 FT TO POB BEING TRACT B UNR EC SURVEY
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From the intersection of US 27 and Cypress Gardens Boulevard, head south on US 27. The property will be on the left before the Uhaul moving and storage center of Lake Wales.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of February 6, 2026 at 1:53 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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