$475,000

Us-27

Lake Wales, FL 33859

Listing updated: June 8, 2026 at 1:18 PM ET

Active
0
Baths
8
Acres
8 acres$1/sqft
Land

Property type

348,480 sqft

Lot size

$1

Price / sq ft

No HOA

HOA dues

0

Days on market

X, AE

Flood zone

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 the parcels offer direct frontage on US Highway 27, providing excellent visibility and access for future development. The remaining three parcels are interior but contiguous, creating a flexible layout for a range of residential uses. The property is zoned Residential R-2, which allows for single family homes, duplexes, or small-scale multifamily development, subject to local approvals. The land is mostly level and partially cleared, with utilities available nearby. Conveniently located just minutes from downtown Lake Wales, major roadways, and local amenities, this site is ideal for builders, investors, or those looking for a long-term hold in a high-growth market.

Estimated monthly payment

Principal & interest$2,402
Property taxes$17
Home insurance (est.)$218

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 history0 days on market

  1. Status: Active
    Jun 8, 2026
  2. Listed$475,000
    Jun 8, 2026
  3. Price increased$475,000

Facts & features

Property type
Land
Status
Active
Days on market
0
Subdivision
Central Lake Estates
County
Polk
Price/sq ft
$1
Lot size
348,480 sq ft
Lot category
5 to less than 10
Flood zone
X, AE
Annual taxes
$201 (2024)
Parcel #
27-30-26-000000-024150
Zoning
R-2
MLS #
P4938889

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
None
Water source
None
Utilities
Electrical Nearby, Sewer Nearby, Water Nearby

Listing Details

Listing date
2026-06-08
On market date
2026-06-08
Original list price
$475,000
MLS area
33859 - Lake Wales
Listing AOR
East Polk
Status changed
2026-06-08
Tax legal description
THAT PART OF N 50 FT OF S 850 FT OF S1/2 OF SEC LYING W OF U S HWY #27 & E OF EXTENSION OF C/L OF WASHINGTON AVE BEING LOT 310 OF UNREC CENTRAL LAKE ESTS For Additional descriptions see Realtor remarks

Flood risk

Zone X, AEFEMA Zone X, AE

See FEMA for this zone’s designation and insurance requirements.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Directions from I-4 to 0 US Hwy 27, Lake Wales, FL: Take Exit 55 from I-4 for US-27 South toward Haines City / Lake Wales. Merge onto US-27 South and continue driving for approximately 25 miles. As you approach Lake Wales, continue on US-27 South past the intersection with SR 60

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MLS GRID

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 June 8, 2026 at 1:18 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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