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Prime Lakeview Real Estate Opportunity
For Sale
$649,800

742 N Lake Reedy Blvd, Frostproof, FL 33843

17 acres with lake and highway frontage in Frostproof, Florida.

Property SizeContact for details
Lot Size17.00 Acres
Days on Market300

Property Features for 742 N Lake Reedy Blvd

General Information

Standard status Active
Lot size 17.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $2,096
Listing Agency: ADVANTAGE REALTY #1
Listed By: Jim Pyle
Source: Exprealty
Added: Oct 14, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:13PM

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 ADVANTAGE REALTY #1

Investment Insights

Based on property information with market context.

This 17-acre property is located in Frostproof, Florida, and features a quarter mile of lakeview residential frontage on North Lake Reedy Boulevard, as well as over a quarter mile of highway frontage with a hard corner on County Road 630. The City of Frostproof is expanding the public water system, with sufficient capacity for development on this parcel. The property offers potential for homesites near the lake, commercial use such as RV storage or retail on the highway, and a buffer zone. Lake Reedy, a 3500-acre lake, is located across the street, and a county park with a paved boat ramp is less than a quarter mile away. Homes are currently under construction in the vicinity of this parcel. County Road 630 provides eastward access for those between Lake Wales and Sebring.

Key Highlights

  • 17 acres of prime lakeview real estate with a quarter mile of frontage on North Lake Reedy Boulevard.
  • Over a quarter mile of highway frontage with a hard corner on County Road 630, a primary arterial corridor.
  • Tremendous upside potential for homesites and commercial use (RV storage, retail).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Dental Office Real Estate Agency Auto Parts Store Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 33843, FL

11,864
Population
5,930
Households
2
Avg Household Size
45
Median Age
15%
College-Educated
81%
High-School Grad
124.0 sq mi
ZIP Area
96
Density / Sq Mi
$51,358
Median Household Income
$28,857
Median Earnings
$864
Median Rent
$107,900
Median Home Value
Rey
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 - 17 acres with lake and highway frontage in Frostproof, Florida.
Where is this commercial land located?
The property is located at 742 N Lake Reedy Blvd Frostproof, FL.
What is the asking price?
The asking price for this property is $649,800.
What are key features of this property?
This property features: 17 acres of prime lakeview real estate with a quarter mile of frontage on North Lake Reedy Boulevard.; Over a quarter mile of highway frontage with a hard corner on County Road 630, a primary arterial corridor.; Tremendous upside potential for homesites and commercial use (RV storage, retail).
More about this property
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