Lakefront Commercial Lot For
For Sale
Contact for pricing
187 Lake Morton Dr, Lakeland, FL 33801
Exceptional commercial lot on Lake Morton in downtown Lakeland.
Property SizeContact for details
Days on Market198
Property Features for 187 Lake Morton Dr
General Information
Standard status
Active
Property subtype
Land
Zoning
O-1
Listing Agency:
Saunders Real Estate
(863) 272-7135
Listed By:
Craig Morby · License #SL3152384
Source:
Crexi
Added: Feb 10
Changed: Aug 17
Last Checked: Aug 7 at 10:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Saunders Real Estate
Investment Insights
Based on property information with market context.
This commercial lot is situated directly on Lake Morton in downtown Lakeland. It features 105 feet of frontage on the lake and is zoned O-1 by the City of Lakeland, making it suitable for new development. The O-1 classification permits various uses, including professional offices, personal service establishments, and parking. The potential for rezoning to multifamily use enhances its investment appeal. The lot is conveniently located within walking distance of downtown Lakeland's core, the Dixieland neighborhood, and Lake Hollingsworth, providing easy access to restaurants and retail options. This property presents a rare opportunity to develop on a lakefront commercial site.
Key Highlights
- Premier lakefront location: Enjoy 105 feet of frontage on Lake Morton in downtown Lakeland.
- Prime development opportunity: Zoned O‑1, suitable for office, service establishments, and parking.
- Potential for rezoning: Explore the possibility of rezoning to multifamily use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,521
Businesses Nearby
Explore this area
Business Placement
Demographics for 33801, FL
36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Exceptional commercial lot on Lake Morton in downtown Lakeland.
Where is this commercial land located?
The property is located at 187 Lake Morton Dr Lakeland, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Premier lakefront location: Enjoy 105 feet of frontage on Lake Morton in downtown Lakeland.; Prime development opportunity: Zoned O‑1, suitable for office, service establishments, and parking.; Potential for rezoning: Explore the possibility of rezoning to multifamily use.
