1016 Fl-17 Frostproof, FL 33843

Property Details for 1016 Fl-17

Property type

Land

Description

This exceptional investment opportunity encompasses three contiguous parcels totaling approximately 10.55 acres in Frostproof, Florida. Strategically located at the intersection of County Road 17 and Fort Meade Road, this property presents significant potential for future residential development. The parcels, individually sized at approximately 7.54 acres, 2.83 acres, and 0.18 acres, are currently zoned Agricultural (AG) with a designated Future Land Use of Residential, aligning perfectly with the area's growth trajectory. The land benefits from its proximity to major distribution centers, including Ferguson and Lowe's, located less than a mile away. Furthermore, this property is situated within an Opportunity Zone, offering potential tax advantages. The location provides easy access to numerous Florida attractions, including LEGOLAND, Walt Disney World, and Sebring Raceway, all within an hour's drive. Frostproof's business-friendly tax climate in Polk County adds to the investment appeal. The area also boasts a desirable recreational lifestyle, with access to excellent fishing lakes, golf courses, nature trails, and state parks. An additional approximately 4.27 acres is available for purchase nearby, presenting an opportunity to expand the development footprint. The asking price for this exceptional property is $1,055,000. Parcel numbers are 28-32-04-980000-005170, 28-32-05-000000-011040, and 28-32-05-983610-000031.

Location Insight

City

Frostproof

County

Polk

State

Florida

Longitude

-81.5312

Latitude

27.7298