This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$649,800
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description
17 acres of truly prime lakeview real estate in the easternmost portion of Frostproof (pop. 2877), with a quarter mile of lakeview residential frontage on upscale North Lake Reedy Boulevard, and well over a quarter mile of highway frontage with hard corner on County Road 630, a primary arterial corridor between south Polk and Highlands Counties and Florida's Treasure Coast. The City of Frostproof is currently expanding the public water system, with sufficient capacity for development on this parcel. Tremendous upside potential for homesites a stone's throw from the lake on the south side, commercial use such as RV storage or retail on the increasingly-busy highway, and sufficient buffer (e.g. green space, clubhouse/pool) in between to preserve the tranquility of the homesites. Gorgeous, sand-bottomed, 3500 acre Lake Reedy is literally across the street, with a county park with paved boat ramp less than a quarter mile down the shore. Polk County's explosive growth is no secret, nor is the scarcity of access to the east. To the north are Interstate 4 and US 17-92, both often impassable with traffic. State Road 60 extends eastward from Lake Wales, and US 98 goes southeast from Sebring. That's it. Except for County Road 630, a feeder route to State Road 60 which provides eastward access for those between Lake Wales and Sebring. As this unprecedented growth continues, County Road 630 and still-rural Frostproof are directly in the crosshairs. Homes are now being constructed in the vicinity of this parcel. Now is the time to get out in front of the inevitable, and seize this opportunity while it's available!
Full Property Details
Full Property Details for 742 N Lake Reedy Blvd
General
- Price: $649,800
- Taxes: $2,096 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: L4956596
- Updated: 10/16/2025
- Added to Site: 273 day(s) ago
Location
- Area: 33843 - Frostproof
- County: Polk
- Development Name: 33843 - Frostproof
- Driving Directions: From US 27, proceed east on CR 630 into the town of Frostproof and cross N Scenic Highway. At 4.1 miles you can bear to the right on N Lake Reedy Blvd (subject property will be to your left at 4.2 miles) or remain on CR 630 (subject property will be on your right at 4.2 miles). Subject property is bordered to the south by N Lake Reedy Blvd, to the north by CR 630, and to the east by Mullinsville Rd.
Community
- Community Name: 33843 - Frostproof
Utilities
- Sewer: None
- Water: See Remarks
- Utility Description: Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Property View: Water
- Lot Size (Acres): 17.1
- Lot Size (Sq. Ft.): 744,876
- Lot Size: 17.1
- Lot Dimensions: 1457 x 874 x 1275 x 262
- Frontage: City Street, County Road, Highway, Main Throrughfare
- Street/Road Desc.: Asphalt
Water Features
- Water View: Yes
Financial Considerations
- Price Per Acre: $38,000
- Assoc Fee Desc.: None
- Tax Amount: $2,096.92
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: THAT PART OF SE1/4 OF NE1/4 LYING N OF LAKE REEDY BLVD & S OF SR 630 LESS MAINT R/W & LESS THAT PT LYING WITHIN THE FOLL DESC: COMM INT OF W LN OF SE1/4 OF NE1/4 OF SEC & R/W LN OF SR 630 RUN N59-40-53E 376.80 FT TO POB N59-40-53E 830 FT NELY ALONG C URVE 255.82 FT S00-12-17E 90.18 FT S02-38- 43E 100.08 FT S00-55-39E 100.01 FT S00-21-17E 36.37 FT SWLY ALONG CURVE 96.30 FT S59-40-53W 830 FT N30-19-07W 300 FT TO POB
- Flood Zone Info: X, AE
- APN: 283128000000012120
- Property ID: 283128000000012120
Listed by Advantage Realty 1
Get Pre-Approved Today
Schools
Schools serving 742 N Lake Reedy Blvd
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 1.3 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 1.1 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 742 N Lake Reedy Blvd
Date
Details
Price
Change
Source
10/14/2025
Listed
$649,800
202.23%
MLS
1/27/2021
Sold
$215,000
—
Public Record
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 742 N Lake Reedy Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,095
—
$112,286
—
2024
$2,097
-1%
$112,286
—
2023
$2,117
14013%
$112,286
14464%
2021
$15
-100%
$771
-100%
2022
$3,517
23347%
$185,213
17506%
2021
$15
-56%
$1,052
-34%
2017
$34
—
$1,595
-2%
2017
$34
-6%
$1,623
-3%
2016
$36
-3%
$1,673
—
2015
$37
32%
$1,673
24%
2019
$28
-15%
$1,346
-9%
2014
$33
6%
$1,473
7%
2013
$31
—
$1,373
—
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 742 N Lake Reedy Blvd
742 N Lake Reedy Boulevard, Frostproof, FL 33843 (MLS# L4956596) is a Lots/Land property with a lot size of 17.1 acres. 742 N Lake Reedy Boulevard is currently listed for $649,800 and was received on October 14, 2025. Want to learn more about 742 N Lake Reedy Boulevard? Do you have questions about finding other Lots/Land real estate for sale in Frostproof? You can browse all Frostproof real estate or contact a Coldwell Banker agent to request more information.

