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$499,900 Just Listed
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Property Description
RARE DEVELOPMENT OPPORTUNITY IN LAKE WALES! Offered at $499,900, this versatile property presents an exciting opportunity for investors, developers, owner-users, or those looking for space and flexibility in a growing area of Polk County. Formerly used as a faith-based facility, the property features an existing approximately 3,460 SF building with substantial parking and a large site marketed at approximately 6.73 acres. The existing structure offers an excellent starting point for a variety of potential uses, while the expansive property provides room to explore future redevelopment opportunities. Whether you're considering an agricultural use, multifamily concept, community-oriented project, profitable investment project, or another permitted use, this property offers a unique combination of an existing building, open land, and strategic location. Located in unincorporated Polk County near Lake Weohyakapka, the property provides convenient access to Lake Wales and surrounding communities. Bring your vision and explore the possibilities! Don't miss out on an exceptional opportunity to acquire a property with significant potential at an attractive price point.
Full Property Details
Full Property Details for 10721 Leisure Ln E
General
- Price: $499,900
- Taxes: $2,387 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8552487
- Updated: 10/1/2026
- Added to Site: 5 day(s) ago
Rental Information
- Complex Features: Bathrooms, Extra Storage, Reception, Seating
Parking
- Parking Features: Over 30 Spaces
Location
- Area: 33898 - Lake Wales
- County: Polk
- Development Name: 33898 - Lake Wales
- Driving Directions: Head east on FL-60 E/State Rd 60 E toward Lake Wales/Vero Beach. Turn right onto Doherty Dr, then turn left onto Leisure Ln E
Community
- Community Name: 33898 - Lake Wales
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 2
- Exterior Const.: Concrete, Wood Frame
- Roof: Shingle
- Square Feet: 3,460
- Year Built: 1979
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 6.73
- Lot Size (Sq. Ft.): 293,345
- Lot Size: 6.7343
- Frontage: Access Road, County Road
- Street/Road Desc.: Paved
Water Features
- Water Access: Yes
- Water Access Desc: Canal - Freshwater
- Water Extras: Yes
Financial Considerations
- Tax Amount: $2,387
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG 1051.11 FT S & 1472.25 FT W OF NE COR OF SEC RUN S 33 DEG 46' E 150 FT TO PT ON CURVE RUN NELY ALONG CURVE A CHORD DISTANCE OF 153.61 FT N 33 DEG 46' W 150 FT S 68 DEG 41' 58" W 153.61 FT TO POB ***and*** LAKE HAVEN ACRES PB 71 PGS 12 THRU 15 LYING IN SECTIONS 9 15 16 21 & 22 T30 R29 LOT 42
- Flood Zone Info: X
- APN: 293021000000011020
- Property ID: 293021000000011020
Listed by Dalton Wade Inc
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Schools
Schools serving 10721 Leisure Ln E
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Spook Hill Elementary School 321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853 | PK-5 | 10.6 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 9.8 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 10.2 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 10721 Leisure Ln E
Date
Details
Price
Change
Source
9/30/2026
Listed
$499,900
316.58%
MLS
3/30/2017
Sold
$120,000
—
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 10721 Leisure Ln E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,387
—
$190,942
10%
2025
$2,387
9%
$173,584
-6%
2024
$2,189
16%
$184,267
28%
2023
$1,886
5%
$143,458
11%
2021
$1,795
-7%
$129,527
-12%
2022
$1,924
7%
$148,008
10%
2021
$1,795
—
$134,983
10%
2019
$1,795
—
$123,104
—
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 10721 Leisure Ln E
10721 Leisure Lane E, Lake Wales, FL 33898 (MLS# TB8552487) is a Commercial property. 10721 Leisure Lane E is currently listed for $499,900 and was received on September 30, 2026. Want to learn more about 10721 Leisure Lane E? Do you have questions about finding other Commercial real estate for sale in Lake Wales? You can browse all Lake Wales real estate or contact a Coldwell Banker agent to request more information.

