$485,000
3 bd2 ba2,391 sqft
5180 Timberlane Rd
Lake Wales, FL
Listing courtesy of RE/MAX REALTY UNLIMITED
State Road 60 E
Lake Wales, FL 33898
Active
List price
$540,000Price cut
Listing courtesy of KELLER WILLIAMS REALTY SMART 1, 863-508-3000 (David Reyes)
MLS# P4928255 Status Active
Listing updated July 15, 2026
About this home
10.96 +/- Acre corner lot, vacant land, with premium frontage on State Road 60 in Lake Wales. This amazing site is situated just outside of the city limits of Lake Wales and one of the few properties in the area with partial commercial zoning. It is within close proximity to a number of high traffic stores and amenities. Only 2.5 miles to Walmart, 4.4 miles to Publix, 6.2 miles to Bok Tower, 5.3 miles to downtown Main St, and 7 miles to the local favorite- Crazy Fish. State Road 60 is the main thoroughfare across the State of Florida connecting The East Coast in Vero Beach to the West Coast in Tampa Florida directly through Lake Wales. With a traffic count of 19,900 cars per day according to the FLDOT, this site has premium visibility and would be a fantastic acquisition for an investor or entrepreneur. The lightly wooded lot has a front portion that is zoned CE (Commercial Enclave) which allows for retail opportunities and even has a conditional use for a gas station. The rear portion of the lot is zoned RS (Residential Suburban) which allows for Single Family detached homes with a density of 1du/ 5 acres. The property has 4.5+/- acres of high and dry land while the remainder is positioned in Flood Zone A. Potential to rezone the property for one sole use pending a pre application process and Level 4 review with the county. Don't miss this incredible opportunity for development.
Facts
- Property type
- Land
- Lot
- 10.96 acres
- Annual taxes
- $2,456
- County
- Polk
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
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