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$699,000 Just Listed
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Property Description
Positioned along the highly traveled US Highway 27 corridor in Lake Wales, Florida, this 1.7-acre commercial site offers exceptional visibility and accessibility with an average daily traffic count of approximately 27,500 vehicles. Located just off Alturas Babson Park Cutoff Road, the property benefits from direct exposure on one of Polk County's primary north-south transportation routes, connecting Interstate 4 to the north with Frostproof and South Central Florida markets to the south. The property is zoned Commercial Enclave, allowing for a wide range of commercial and light industrial development opportunities. Surrounding uses include established campgrounds, RV parks, transportation and storage facilities, and other light industrial businesses, creating a strong environment for service-oriented, recreational, logistics, and industrial-related operations. With its strategic location, flexible zoning, and strong traffic exposure, this site presents an excellent opportunity for investors, developers, or owner-users seeking a presence along one of Central Florida's most important commercial corridors.
Full Property Details
Full Property Details for S US Hwy 27
General
- Price: $699,000
- Taxes: $1,740 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: P4939063
- Updated: 6/15/2026
- Added to Site: 2 day(s) ago
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: TWENTY-SEVEN CORNERS
- Driving Directions: From State Road 60 and US 27, Head south on US 27. The property is on the right.
Community
- Community Name: 33853 - Lake Wales South
Utilities
- Sewer: Septic Tank
- Water: None
- Utility Description: Electrical Nearby, Sewer Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1.7
- Lot Size (Sq. Ft.): 74,252
- Lot Size: 1.7046
- Lot Dimensions: 201 x 360
- Frontage: Divided Highway, Main Throrughfare
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $411,176
- Tax Amount: $1,740
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 27 CORNERS PB 37 PG 11 LOTS 16 & 17 LESS RD R/W
- Flood Zone Info: X
- APN: 273026927200000160
- Property ID: 273026927200000160
Listed by Keller Williams Realty Smart 1
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Price & Sales History for S US Hwy 27
Date
Details
Price
Change
Source
6/15/2026
Listed
$699,000
507.83%
MLS
4/08/2005
Sold
$115,000
—
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 S US Hwy 27
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,740
94%
$134,574
—
2024
$895
2%
$134,574
—
2023
$880
-46%
$134,574
—
2021
$1,615
97%
$134,574
—
2022
$819
-49%
$134,574
-9%
2021
$1,615
43%
$148,104
90%
2017
$1,126
3%
$77,755
5%
2016
$1,095
-2%
$74,052
—
2015
$1,122
-30%
$74,052
-13%
2019
$1,612
43%
$85,531
16%
2014
$1,124
-2%
$74,052
—
2013
$1,150
—
$74,052
—
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 S US Hwy 27
S US Highway 27, Lake Wales, FL 33853 (MLS# P4939063) is a Lots/Land property with a lot size of 1.7 acres. S US Highway 27 is currently listed for $699,000 and was received on June 15, 2026. Want to learn more about S US Highway 27? Do you have questions about finding other Lots/Land 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.

