Multifamily Property for Sale in Lake Wales, FL

  • Price: $349K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lake Wales, FL 33859

Description

This site is approximately 10 acres located along Lake Bella Road and about 1 mile east of US Highway 27. The property is a former Valencia orange grove with a well and electric pump on site. It's in a great location as it is in proximity to major developments that are underway in the Lake Wales area. The current future land use is Agricultural Rural Residential (A/RR) which allows for one (1) dwelling unit per 5 acres. Additionally, the property is contiguous to the city limits of Lake Wales which creates an opportunity for this site to be annexed and potentially achieve a higher density. Water is nearby along US 27. Sewer is 1.5 miles north of the site along Scenic Hwy and will come down as properties are developed. Location Description Located in southeast Polk County along Lake Bella Road. Highlights Proximity to many residential & commercial developments Near major thoroughfares such as US Hwy 27, State Road 60, & Scenic Hwy For more information please visit: https://land.saundersrealestate.com/land-for-sale/2751-lake-bella-rd-lake-wales-sale/ Land Size: 9.91 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Lake Wales, FL is listed for sale at $349,000. It has been on the market for 24 days. Compare it against other multifamily listings for sale in Lake Wales, FL — <a href="/search/sale/multifamily/florida/lake-wales">view the full market</a>.

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