State Road 60 Lake Wales, FL 33898
- Land
- 10.96 lot acres
Current Use by Public Records
- Land
Property Details for 0 State Road 60
- Lot size
- 10.96 lot acres
- Property type
- Land
Description
This exceptional 10.96-acre (±) corner lot presents a unique dual-zoned development opportunity in Lake Wales, Florida. Boasting premium frontage on State Road 60, a major thoroughfare connecting Vero Beach to Tampa, this property enjoys high visibility with a daily traffic count of 19,900 vehicles. The site is strategically located just outside Lake Wales city limits, offering convenient access to numerous amenities. Within a short drive, you'll find Walmart (2.5 miles), Publix (4.4 miles), Bok Tower Gardens (6.2 miles), downtown Main Street (5.3 miles), and Crazy Fish restaurant (7 miles). The property's zoning is a blend of CE (Commercial Enclave) and RS (Residential Suburban). The front portion, zoned CE, allows for retail ventures, even conditionally permitting a gas station. The rear, zoned RS, permits single-family homes at a density of one unit per five acres. Approximately 4.5 acres are high and dry, while the remainder falls within Flood Zone A. The lightly wooded lot presents a blank canvas for development, with potential for rezoning to a single use, subject to a pre-application process and Level 4 county review. The asking price is $600,000. The property's APN is 28-30-04-000000-024020. This is an outstanding investment for developers seeking a high-traffic location with diverse development potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.5193
- Latitude
- 27.8946
