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4855 N Scenic Hwy

19.18 Acres of Commercial Land Offered at $1,292,805 CAD in Lake Wales, FL 33859

Executive Summary

PROPERTY DESCRIPTION
The opportunity is to purchase 19.18 acres of vacant residential land on Scenic Highway in Lake Wales. The current land use is A/RR
(Agricultural/Residential Rural). However, the City of Lake Wales surrounds the property and annexation into the City could result in
residential zoning. The surrounding properties are zoned similarly.
The property appears to be high and dry, but there is a noticeable depression in the middle that is shown as being in the flood zone. Per
SWFWMD, there is one 8" well.
LOCATION DESCRIPTION
The property is located at the corner of Scenic Highway (State Road 17) and C.F. Kinney Road in Lake Wales in Polk County. It's across
the street from the Dinner Lake Shores community and one half-mile north of Chalet Suzanne Road.
The property is centrally located as it's only a few miles from Winter Haven, Dundee, and Haines City. Schools, medical, and local
shopping, including Eagle Ridge Mall, are in close proximity. Also, its location allows for easy commutes to attractions like Legoland (10
minutes), Disney World (45 minutes), and Universal Studios (50+ minutes). Lastly, both Tampa and Orlando are within one hour.

Property Facts Under Contract

Price $1,292,805 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 19.18 AC

1 Lot Available

Lot

Price $1,292,805 CAD
Price Per AC $67,404 CAD
Lot Size 19.18 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-29-10-000000-022020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,689 CAD
  • Listing ID: 23071257

  • Date on Market: 2021-05-14

  • Last Updated:

  • Address: 4855 N Scenic Hwy, Lake Wales, FL 33859

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