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$450,000
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Property Description
This is a great opportunity to own approximately 8 acres of land across six parcels in the fast-growing area of Lake Wales, Florida. Three of the parcels offer direct frontage on US Highway 27, providing excellent visibility and access for future development. The remaining three parcels are interior but contiguous, creating a flexible layout for a range of residential uses. The property is zoned Residential R-2, which allows for single-family homes, duplexes, or small-scale multifamily development, subject to local approvals. The land is mostly level and partially cleared, with utilities available nearby. Conveniently located just minutes from downtown Lake Wales, major roadways, and local amenities, this site is ideal for builders, investors, or those looking for a long-term hold in a high-growth market.
Full Property Details
Full Property Details for Us-27
General
- Price: $450,000
- Taxes: $200 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: P4935974
- Updated: 10/29/2025
Property History
- Us-27, Lake Wales, FL
- Price Reduced $450,000 on 10/29/25
- Price Reduced $600,000 on 9/5/25
- Listed $700,000 on 8/18/25
Location
- Area: 33859 - Lake Wales
- County: Polk
- Development Name: 33859 - Lake Wales
- Subdivision: CENTRAL LAKE ESTATES
- Driving Directions: Directions from I-4 to 0 US Hwy 27, Lake Wales, FL: Take Exit 55 from I-4 for US-27 South toward Haines City / Lake Wales. Merge onto US-27 South and continue driving for approximately 25 miles. As you approach Lake Wales, continue on US-27 South past the intersection with SR 60.
Community
- Community Name: 33859 - Lake Wales
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby, Sewer Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 8
- Lot Size (Sq. Ft.): 348,480
- Lot Size: 8
- Lot Dimensions: 1340 x 260
- Frontage: Highway
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $56,250
- Tax Amount: $200.6
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: THAT PART OF N 50 FT OF S 850 FT OF S1/2 OF SEC LYING W OF U S HWY #27 & E OF EXTENSION OF C/L OF WASHINGTON AVE BEING LOT 310 OF UNREC CENTRAL LAKE ESTS For Additional descriptions see Realtor remarks
- Flood Zone Info: X, AE
- APN: 273026000000024150
- Property ID: 273026000000024150
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Us-27, Lake Wales, FL 33859 (MLS# P4935974) is a Lots/Land property with a lot size of 8 acres. Us-27 is currently listed for $450,000 and was received on August 18, 2025. Want to learn more about Us-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.

