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$1,600,000
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Property Description
Located in the rapidly growing city of Lake Wales, Florida, this ±3.15-acre commercial development site sits prominently along the bustling US 27 corridor. US 27 is a major north-south artery running from Fort Wayne, Indiana, to Miami, Florida, serving as a vital connection for both regional and local transportation. This premium property offers 450 feet of high-visibility frontage on US 27 and is zoned by Polk County as a Linear Commercial Corridor, allowing for a wide range of uses including childcare, medical office, clinic, office park, professional services, restaurant, retail, and veterinary services. The surrounding area is experiencing significant growth and residential expansion, with recent developments including the Alera at Hunters Glen apartment complex, KB Homes' Forest Lake Townhomes, and Lennar's Leoma's Landing single-family community. Public utilities are available nearby within these residential neighborhoods, further supporting development potential.
Full Property Details
Full Property Details for Us-27
General
- Price: $1,600,000
- Taxes: $5,412 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: P4936152
- Updated: 2/6/2026
- Added to Site: 212 day(s) ago
Location
- Area: 33859 - Lake Wales
- County: Polk
- Development Name: 33859 - Lake Wales
- Driving Directions: From the intersection of US 27 and Cypress Gardens Boulevard, head south on US 27. The property will be on the left before the Uhaul moving and storage center of Lake Wales.
Community
- Community Name: 33859 - Lake Wales
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 3.15
- Lot Size (Sq. Ft.): 137,083
- Lot Size: 3.147
- Lot Dimensions: 450 x 415
- Frontage: Divided Highway, Main Throrughfare
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $507,937
- Tax Amount: $5,412
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG 1276.86 FT N & 108.03 FT W OF SE COR OF SEC RUN S 88 DEG 35 MIN 35 SEC W 315.2 FT TO ELY R/W OF US HWY 27 RUN SLY ALONG RD R/W 450 FT N 88 FT 35 MIN 35 SEC E 322 FT ARC NWLY ON A BEARING N 21 DEG 01 MIN 10 SEC W 452.29 FT TO POB BEING TRACT B UNR EC SURVEY
- Flood Zone Info: X
- APN: 272908000000022030
- Property ID: 272908000000022030
Listed by Keller Williams Realty Smart 1
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Price & Sales History for Us-27
Date
Details
Price
Change
Source
9/03/2025
Listed
$1,600,000
—
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 Us-27
Us-27, Lake Wales, FL 33859 (MLS# P4936152) is a Lots/Land property with a lot size of 3.15 acres. Us-27 is currently listed for $1,600,000 and was received on September 03, 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.

