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$1,200,000 Just Listed
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Property Description
Virtually Staged. Are you looking for an amazing investment opportunity off of a busy highway in Frostproof? Come check out this 3.53 acre lot that has 3 BUILDINGS/BUSINESSES! There is a fully operating liquor store that has approximately 9 years left on escalating payment lease. It has many storage rooms and a restroom. There is also an attached building that used to be a fully functional bar/nightclub!!! It is approximately 6,700 square feet of opportunity! There is a dividing wall and it is already setup with 2 restrooms! It is currently leased with 2.5 years left on that lease but once that is complete it could be used as a cigar lounge/nightclub/bar. You will have ample parking out front for all of your customers with the oversized parking lot! There is also an open field of possibilities that is zoned commercial and can be used for more storage units, another business or additional parking. There is a 60 UNIT STORAGE BUILDING in the back of the property that has it's own separate entrance and is completely fenced. It is not air conditioned. It has 60 units 20- 10X10 units and 40- 5X10 units with 45 units currently rented with no advertisement. It has steady producing income and could grow. There is approximately 8,000 to 12,000 Average Daily Traffic Volume on the busy S Scenic Hwy (US 17) which will give you street front exposure and plenty of opportunity for business. All Measurements are approximate. Schedule your showing today!!!
Full Property Details
Full Property Details for 540 S Scenic Hwy
General
- Price: $1,200,000
- Taxes: $5,351 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8525814
- Updated: 7/6/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Bathrooms, Dumpsters, Extra Storage, Reception, Solid Surface Counter
Additional Information
- Security/Safety: Security Gate
Parking
- Parking Features: Ground Level
Location
- Area: 33843 - Frostproof
- County: Polk
- Development Name: 33843 - Frostproof
- Subdivision: DAVIS E N RESUB
- Driving Directions: From HWY 27 turn Right on US 17 down approximately 10 minutes it will be on the right.
- Direction Faces: East
Community
- Community Name: 33843 - Frostproof
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- # Buildings: 3
- Exterior Const.: Block
- Roof: Membrane, Shingle
- Stories/Levels: One
- Square Feet: 10,358
- Year Built: 1928
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 3.53
- Lot Size (Sq. Ft.): 153,706
- Lot Size: 3.5286
- Lot Dimensions: 282 x 110
- Frontage: Street Lights, Street Paved, Highway
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $5,351.43
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: DAVIS E N RESUB PB 29 PG 40 BLKS 1 THRU 3 & CLOSED ST BETWEEN BLKS 2 & 3
- Flood Zone Info: X
- APN: 283132971800001000
- Property ID: 283132971800001000
- Block/Lot/Section: 1
Listed by Charles Rutenberg Realty Inc
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Schools
Schools serving 540 S Scenic Hwy
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 1.8 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 S Scenic Hwy
Date
Details
Price
Change
Source
7/06/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 540 S Scenic Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,041
1%
$270,120
7%
2024
$5,007
-14%
$251,464
-13%
2023
$5,845
-2%
$289,102
4%
2021
$5,990
-1%
$277,859
-7%
2022
$6,040
1%
$297,221
5%
2021
$5,990
-3%
$282,255
2%
2019
$6,207
-3%
$275,445
-1%
2018
$6,382
1%
$277,037
2%
2017
$6,295
-24%
$271,587
-23%
2016
$8,244
8%
$354,299
4%
2015
$7,635
85%
$341,786
64%
2014
$4,125
-3%
$208,358
-1%
2013
$4,242
—
$210,634
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 S Scenic Hwy
540 S Scenic Highway, Frostproof, FL 33843 (MLS# TB8525814) is a Commercial property. 540 S Scenic Highway is currently listed for $1,200,000 and was received on July 06, 2026. Want to learn more about 540 S Scenic Highway? Do you have questions about finding other Commercial real estate for sale in Frostproof? You can browse all Frostproof real estate or contact a Coldwell Banker agent to request more information.

