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$5,400,000

21280 HWY 27, LAKE WALES, FL 33859

3D Tour
Active0 days on market

Beds

—

Baths

0

Sq Ft

5,400 sq ft

Year Built

1989

Lot Size

10.96 acres

Garage

—

About This Property

Exceptional commercial real estate opportunity offering a unique combination of improved property and substantial acreage. This versatile property features multiple existing buildings situated on a spacious tract of land, providing flexibility for a variety of commercial, investment, or redevelopment opportunities. The property is zoned Limited Commercial Industrial (LCI) by the city of Lake Wales. Permitted use include: Construction support-light & heavy, laboratory, research, landscaping service, mini-storage, professional, public facilities, farming, crop or nursery, catering facility, food processing, health service, hospitals, veterinary, animal hospital, assembly & fabrication, laundry & dry cleaning, warehouse, auto rental, auto dealer, auto parking, recreational vehicle, mobile home, or boat dealers. The property's feature building is the complete auto dealership and includes approximately 11,876 SF of gross building area; 5,400 SF is finished office/showroom space, the remainder is a mix of garage, storage, and auto service area. There’s an additional 2,344 SF of canopies and an additional 4,125 SF service department in the rear. The interior front of the building features an open showroom and offices, the rear houses the shop and service department area and was remodeled in 2004. All of the out-buildings have electricity and water. Other site improvements include approximately 50,000 SF of concrete paving as well as signage typical of auto dealerships. The property has approximately 10.96 acres with total developable area is approximately 9.69 acres. 1.27 acres is submerged, low or inaccessible

Property Overview

Property TypeCommercial Sale
Sub TypeMixed Use
MLS #W7890168
StatusActive
Year Built1989
ConstructionBlock
FoundationSlab
CountyPolk
OwnershipFee Simple

Interior Features

CoolingCentral Air

Exterior & Lot

Lot Size10.96 acres (477,417 sq ft)
Road SurfaceAsphalt
0

Utilities

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$5,400,000
Annual Taxes$23,924 (2025)
ZoningXX
Parcel #272934000000031030

Directions

Property is located between Cypress Gardens Boulevard (North) and Highway 60 (South) accessible by US Highway 27.

Location

21280 HWY 27, LAKE WALES, FL 33859

Listing Information

OfficeGULF COAST EXECUTIVE REALTY
ListedOctober 7, 2026

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Home Price

$5,400,000

20% ($1,080,000)
6.75%

Loan Term

Principal & Interest$28,019
Property Tax (est.)$4,950
Insurance (est.)$150
Total Monthly$33,119
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 8, 2026.

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