0 Miami St Lake Wales, FL 33853
This exceptional 9.53-acre parcel in Lake Wales, Florida, presents a remarkable opportunity for residential development. Located on Miami Street, the property boasts an R-1A zoning designation, ideal for creating a new residential community. The land's strategic location within the growing Lake Wales area offers easy access to essential amenities and services, making it an attractive prospect for potential residents. Priced at $524,150, or $55,000 per acre, this represents a compelling land value in a thriving market. The property's APN is 27-30-11-000000-033030. This is a blank canvas for a developer to build a modern residential project, capitalizing on the increasing demand for housing in the region. The property is classified as Residential, Land Investment, and is offered for sale under a Development ownership structure. The property is situated in Polk County, Florida, with a zip code of 33853, and its coordinates are 27.9059546 latitude and -81.597885 longitude. This is a prime investment opportunity for those seeking to capitalize on the burgeoning real estate market in Lake Wales. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.