Harding Ave Lake Wales, FL 33853
- Land
- 3.82 lot acres
Current Use by Public Records
- Land
Property Details for 0 Harding Ave
- Lot size
- 3.82 lot acres
- Property type
- Land
Description
This exceptional 3.818-acre parcel in Lake Wales, Florida, presents a unique opportunity to develop a 13-lot residential subdivision. Located in a rapidly growing area and designated as an Opportunity Zone, this property offers significant tax advantages for investors. The land is mostly flat and level, requiring minimal site preparation, with existing sewer infrastructure in place, eliminating the need for costly in-street sewer line construction. Two sewer easements along the property boundaries further simplify development. Conveniently situated near US 17, 27, and 60, this location provides easy access to major transportation routes. The site plan is nearing final approval from both municipal and water management district authorities. This presents a compelling build-to-rent project, particularly given the ongoing revitalization efforts in downtown Lake Wales, as detailed in the "Lake Wales Connected" plan. The asking price is $550,000, translating to approximately $144,054 per acre. This represents a rare opportunity to capitalize on the growth potential of Lake Wales while benefiting from Opportunity Zone incentives. The minimal site prep needed, coupled with existing sewer infrastructure, significantly reduces development costs and accelerates project timelines. Don't miss this chance to acquire a highly desirable, ready-to-develop residential land parcel in a thriving Florida community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.5963
- Latitude
- 27.9153
