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Property profile & analytics
OFF-MARKET
Land

0 Miami St Lake Wales, FL 33853

9.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.53-acre development site in Lake Wales, Florida, presents a unique investment opportunity. Currently operating as a citrus grove, the property is zoned for residential development, with the potential to create up to 57 individual lots. The zoning allows for a medium density of up to six residential units per gross acre, offering significant flexibility in development plans. A key advantage is the property's attractive lake frontage on Lake Altamaha, providing stunning views and desirable waterfront living. Its prominent location, visible from US 27, ensures high visibility and accessibility. The property's APN is 273011 000000 033030. Located on S Miami Street, Lake Wales, FL 33853 (27.890413, -81.5977219), this site is ideally situated in Polk County. The asking price for this prime development land is $450,000. This is a rare chance to acquire a substantial parcel with significant development potential in a desirable Florida location. The combination of lake frontage, high visibility, and zoning flexibility makes this an exceptional opportunity for residential developers seeking a prime location to build a thriving community.

Property profile
Verified
Property type Land
Lot 9.53 ac (415,127 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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