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$699,000

S US HIGHWAY 27, LAKE WALES, FL 33853

Active1 days on market

Beds

Baths

0

Sq Ft

Year Built

Lot Size

1.70 acres

Garage

About This Property

Positioned along the highly traveled US Highway 27 corridor in Lake Wales, Florida, this 1.7-acre commercial site offers exceptional visibility and accessibility with an average daily traffic count of approximately 27,500 vehicles. Located just off Alturas Babson Park Cutoff Road, the property benefits from direct exposure on one of Polk County's primary north-south transportation routes, connecting Interstate 4 to the north with Frostproof and South Central Florida markets to the south. The property is zoned Commercial Enclave, allowing for a wide range of commercial and light industrial development opportunities. Surrounding uses include established campgrounds, RV parks, transportation and storage facilities, and other light industrial businesses, creating a strong environment for service-oriented, recreational, logistics, and industrial-related operations. With its strategic location, flexible zoning, and strong traffic exposure, this site presents an excellent opportunity for investors, developers, or owner-users seeking a presence along one of Central Florida's most important commercial corridors.

Property Overview

Property TypeLand
MLS #P4939063
StatusActive
SubdivisionTWENTY-SEVEN CORNERS
CountyPolk
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size1.70 acres (74,252 sq ft)
Lot Dimensions201 x 360
Road SurfaceAsphalt
0

Utilities

WaterNone
SewerSeptic Tank
UtilitiesElectrical Nearby, Sewer Nearby, Water Nearby

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$699,000
Annual Taxes$1,740 (2025)
ZoningCEX
Parcel #273026927200000160

Directions

From State Road 60 and US 27, Head south on US 27. The property is on the right.

Location

S US HIGHWAY 27, LAKE WALES, FL 33853

Listing Information

OfficeKELLER WILLIAMS REALTY SMART 1
ListedJune 15, 2026

Schedule a Showing

How to Buy This Home

Multiple financing options available for this $699,000 home in LAKE WALES.

🏛️

FHA Loan

$24,465 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$34,950 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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: June 16, 2026.

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