0 Burns Ave Unit 20695537 Lake Wales, FL 33853
Estimated payment $52,879/month
About This Lot
Introducing a unique opportunity for a developer or builder. This property on Burns Ave in Lake Wales, FL offers 326 total units (226 Single Family Lots and 100 Townhome Units), perfectly poised for residential development. Additionally, it contains 3.03 acres of commercial land with 26,000 SF of retail possible. Zoned R-3 - PD (Planned Development), it presents an opportunity in an area of growth. Nestled in an area of excellent residential development, this prime location offers close proximity to shopping and essential amenities, making it an excellent prospect for a residential developer or builder. With a growing and active community, this property sets the stage for a promising residential venture.
-Zoned R-3 - PD (Planned Development)
-Residential Development
-Prime location in an active Residential Development area
-Versatile investment opportunity
Price Per Acre $106,563

Property Details
Property Type
- Land
Lot Details
- Corner Lot
- Level Lot
- Few Trees
- Potential uses include planned unit development, residential multi-family, residential single, for development
- Soil Types include Other
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/06/2025 05/06/25 | Price Changed | $8,200,000 | -31.7% | -- |
06/20/2024 06/20/24 | For Sale | $12,000,000 | -- | -- |
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