$8,200,000
$4M PRICE DROP

0 Burns Ave Unit 20695537 Lake Wales, FL 33853

Estimated payment $52,879/month

Total Views 10,010
76.95 Acres
$106,563 Price per Acre
3,351,942 Sq Ft Lot

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

Listing Agent

Clay Taylor

Saunders Land Listed on: 06/20/2024

Saunders Land
Listing Provided By

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 863-356-0187
  • Listing Website: https://www.land.com/property/burns-avenue-lake-wales-florida-33853/20695537/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Planned Unit Development, Residential Multi-Family, Residential Single, For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt
  • Fencing: None

Lot Info

  • Lot Description: Acreage, Corner, Some Trees, Level
  • Soil Type: Other

Multi Family

  • Utilities Available: City Sewer, City Water

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 -- --