Land
Multi-Family

0 US Hwy 27 South, Lake Wales

US Highway 27,  Lake Wales, Florida 33859

For Sale

$300,000

About US Highway 27

Property Description: Now available approximately 40 acres of residential land located directly off US Highway 27 South in Lake Wales, Florida. Zoned R1-B Residential (1 unit per acre) with a Future Land Use designation of Medium Density Residential, this parcel presents a versatile development opportunity for residential builders or private estate owners. The site includes 13.5 acres of uplands and 26.5 acres of wetlands, offering a natural and serene setting ideal for a secluded residential community or individual home sites. Currently undeveloped and un-plated, the property is accessed via a 1,500-foot easement, creating a peaceful retreat set back from the main highway. The land is partially wooded and falls within the city limits of Lake Wales, with utilities available. Surrounding developments include a mix of residential and commercial uses, such as a manufactured home community, The Vanguard School, multi-family apartments, and Lake Wales Chrysler Dodge Jeep dealership. Location Description: Strategically located on the east side of US Hwy 27 South, this parcel lies just south of Tower Point Circle and north of Tower Lakes Boulevard. The site is approximately 2,000 feet north of the signalized intersection at E Mountain Lake Cutoff Road, offering quick access to major thoroughfares. The property sits in a rapidly developing corridor, just: ·1.7 miles south of Lake Wales Mall, Lowe’s, and Hampton Inn ·2.25 miles north of SR 60 and downtown Lake Wales ·3.6 miles south of State Road 540 (SR 540) Its location places it in close proximity to shopping, dining, schools, and community services—while also offering a quiet, nature-filled environment for future residential development.
Investment
R1-B
40 Acres
Tampa/St. Petersburg
Polk County
27-29-27-000000-031020
40± ACRES OF UNDEVELOPED RESIDENTIAL LAND
ZONED R1-B
LAKE WALES CITY LIMITS
42,000 AADT
Attachments & Links
0_Hwy_27_Lake_Wales_OM_Will_4_11_2025.pdf
Property Flyer
Broadway Flyer
Current Info
Broadway Real Estate Services
Broadway Real Estate Services
City of Lake Wales
City of Lake Wales
Polk County
Polk County

Jack Strollo, CCIM, CPM

Vice President | Managing Broker

Broadway Real Estate Services

100 S. Kentucky Avenue
Suite 290
Lakeland, Florida 33801


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