8418 Us Highway 98, FL
Stellar MLS
1 / 1

$3,999,000

8418 Us Highway 98Lakeland, FL 33809

Listing updated: October 22, 2026 at 1:32 PM ET

Active
Stellar MLSListing courtesy of Bhhs Florida Properties Group · Jason Stone · MLS #L4965818 · Active · 863-701-2350
0
Baths
10.13
Acres
◆10.13 acres◆$25/sqft◆360° tour
Land

Property type

159,790 sqft

Lot size

$25

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY ON US HIGHWAY 98 NORTH IN LAKELAND! Discover 10.13 contiguous acres offering outstanding highway visibility, approximately 325 feet of frontage along US Highway 98 North, and a strategic location in one of Lakeland's established commercial corridors. This unique offering consists of two adjoining parcels totaling approximately 7.92 acres and 2.21 acres, providing an opportunity for investors, developers, and businesses seeking substantial acreage along a major Central Florida transportation corridor. The property benefits from its location along a heavily traveled roadway surrounded by established commercial activity and growing residential communities. The existing Linear Commercial Corridor (LCC) future land-use boundary extends beyond the 2.21-acre commercial parcel and into the adjoining 7.92-acre residential parcel, presenting an opportunity to pursue additional commercial land-use and zoning approvals within the established corridor. The MLS reflects a county-imported C-3 zoning designation; however, zoning and land-use classifications may differ between the parcels. Any proposed changes in use, rezoning, or development are subject to Polk County review and applicable governmental approvals. The property features direct frontage along US Highway 98 North and access from Banana Road, offering multiple points of connectivity. Preliminary utility research has identified nearby public water infrastructure and potential service connection opportunities, subject to utility provider confirmation, engineering requirements, available capacity, and associated improvements. The substantial acreage and highway exposure make this an attractive opportunity to explore a variety of development concepts, including potential phased development, subject to applicable land-use regulations and site-specific feasibility. Two existing manufactured homes used as rentals are located on the property and are included in the sale, although the property is being marketed primarily for its land value and development potential. Conveniently located in North Lakeland with access to surrounding residential neighborhoods, established businesses, and major transportation routes, this offering presents an opportunity to secure a sizable landholding in the Lakeland market. Buyer and buyer's representatives are responsible for independently verifying zoning, future land use, utilities, access, permitted use, environmental conditions, development feasibility, and all applicable governmental requirements.

Estimated monthly payment

Principal & interest$20,221
Property taxes$661
Home insurance (est.)$1,833

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
    Oct 22, 2026
  2. Listed$3,999,000
    Oct 22, 2026

Facts & features

Property type
Land
Status
Active
Days on market
0
County
Polk
Price/sq ft
$25
Lot size
159,790 sq ft
Lot category
10 to less than 20
Flood zone
X
Annual taxes
$7,935 (2025)
Parcel #
23-27-11-000000-012020
Zoning
C-3
MLS #
L4965818

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Parking

Garage spaces
0

HOA & Financial

Total monthly fees
None
Total annual fees
None
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electrical Nearby, Sewer Nearby, Water Nearby

Listing Details

Listing date
2026-10-16
On market date
2026-10-22
Original list price
$3,999,000
MLS area
33809 - Lakeland / Polk City
Listing AOR
Lakeland
Status changed
2026-10-22
Tax legal description
See Attachments

Flood risk

Minimal riskFEMA Zone X

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 I-4, take Exit 32 for US Highway 98 N and head north toward Dade City. Continue on US Highway 98 N past W Socrum Loop Road. The properties are located along US Highway 98 N near Banana Road, at 8418, 8426, and 8440 US Highway 98 N, Lakeland.

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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 October 22, 2026 at 1:32 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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