This is a great opportunity to own approximately 8 acres of land across six parcels in the fast-growing area of Lake Wales, Florida. Three of the parcels offer direct frontage on US Highway 27, providing excellent visibility and access for future development. The remaining three parcels are interior but contiguous, creating a flexible layout for a range of residential uses. The property is zoned Residential R-2, which allows for single family homes, duplexes, or small-scale multifamily development, subject to local approvals. The land is mostly level and partially cleared, with utilities available nearby. Conveniently located just minutes from downtown Lake Wales, major roadways, and local amenities, this site is ideal for builders, investors, or those looking for a long-term hold in a high-growth market.
US-27, Lake Wales, FL, 33859
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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