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$5,400,000 Just Listed
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Property Description
Exceptional commercial real estate opportunity offering a unique combination of improved property and substantial acreage. This versatile property features multiple existing buildings situated on a spacious tract of land, providing flexibility for a variety of commercial, investment, or redevelopment opportunities. The property is zoned Limited Commercial Industrial (LCI) by the city of Lake Wales. Permitted use include: Construction support-light & heavy, laboratory, research, landscaping service, mini-storage, professional, public facilities, farming, crop or nursery, catering facility, food processing, health service, hospitals, veterinary, animal hospital, assembly & fabrication, laundry & dry cleaning, warehouse, auto rental, auto dealer, auto parking, recreational vehicle, mobile home, or boat dealers. The property's feature building is the complete auto dealership and includes approximately 11,876 SF of gross building area; 5,400 SF is finished office/showroom space, the remainder is a mix of garage, storage, and auto service area. There's an additional 2,344 SF of canopies and an additional 4,125 SF service department in the rear. The interior front of the building features an open showroom and offices, the rear houses the shop and service department area and was remodeled in 2004. All of the out-buildings have electricity and water. Other site improvements include approximately 50,000 SF of concrete paving as well as signage typical of auto dealerships. The property has approximately 10.96 acres with total developable area is approximately 9.69 acres. 1.27 acres is submerged, low or inaccessible
Full Property Details
Full Property Details for 21280 Hwy 27
General
- Price: $5,400,000
- Taxes: $23,924 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: W7890168
- Updated: 10/7/2026
- Added to Site: 2 day(s) ago
Location
- Area: 33859 - Lake Wales
- County: Polk
- Development Name: 33859 - Lake Wales
- Driving Directions: Property is located between Cypress Gardens Boulevard (North) and Highway 60 (South) accessible by US Highway 27.
Community
- Community Name: 33859 - Lake Wales
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 3
- Exterior Const.: Block
- Square Feet: 5,400
- Year Built: 1989
Lot Features
- Lot Size (Acres): 10.96
- Lot Size (Sq. Ft.): 477,417
- Lot Size: 10.96
- Frontage: Highway
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $23,924
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: THE N 303 FT OF FOLLOWING THAT PART OF NE1/4 OF NW1/4 LYING W OF HWY 27 & N OF CO RD R/W & E1/2 OF NW1/4 OF NW1/4 LYING N OF CO RD R/W & E OF BRANCH
- Flood Zone Info: X
- APN: 272934000000031030
- Property ID: 272934000000031030
Listed by Gulf Coast Executive Realty
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Schools
Schools serving 21280 Hwy 27
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Spook Hill Elementary School 321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853 | PK-5 | 1.7 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 2.8 mi |
Winter Haven Senior High School 600 6th Street Southeast, Winter Haven, FL 33880 | 9-12 | 9.2 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 21280 Hwy 27
Date
Details
Price
Change
Source
10/07/2026
Listed
$5,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 21280 Hwy 27
21280 Hwy 27, Lake Wales, FL 33859 (MLS# W7890168) is a Commercial property. 21280 Hwy 27 is currently listed for $5,400,000 and was received on October 07, 2026. Want to learn more about 21280 Hwy 27? 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.

