18300 S Us Highway 27 Lake Wales, FL

Listing Agency KELLER WILLIAMS REALTY OF WH d***@kwcommercial.com Show Phone

Listed by David Reyes · License #SL679127,FLORIDA Show Phone

Source Moodyscre

Added: Apr 27, 2023 Checked: Jul 17 at 5:03 am

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Investment Insights

Based on property information with market context.

This property features nearly 25 acres located off Highway 27, just south of State Road 60. The zoning is currently R-1 with a FLU of LDR, allowing for a potential density of 5 dwelling units per acre, accommodating nearly 125 homes. Approximately 17.82 acres are vacant and ready for development, while the remaining 7.07 acres include a 2,100 sq ft office space. There is potential for rezoning to commercial use. The property has frontage on US 27.

Key Highlights

• Potential for approximately 125 homes with 5 DU/acre density.
• Nearly 25 acres of land suitable for development.
• Prime location with frontage on US 27 and proximity to State Road 60.

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FAQs

What type of property is this?

Land - 25 acres near Highway 27, suitable for residential development.

Where is this land located?

The property is located at 18300 S Us Highway 27 Lake Wales, FL.

What is the asking price?

The asking price for this property is $2,350,000.

What are key features of this property?

This property features: Potential for approximately 125 homes with 5 DU/acre density.; Nearly 25 acres of land suitable for development.; Prime location with frontage on US 27 and proximity to State Road 60.