0 Lewis Griffin Rd Lake Wales, FL 33898
Estimated payment $4,038/month
About This Lot
An exceptional 16-acre development opportunity in the high-growth Babson Park/Lake Wales area! Positioned in a rapidly expanding region, this property is currently zoned Agricultural/Rural Residential (ARRX) with a future land use designation of Residential Medium (RM) or Residential High (RH), making it ideal for residential development such as single-family homes, townhomes, or multi-family units.
Strategically located near major roads, schools, and shopping, this site benefits from strong residential demand and increasing property values. A 4-acre adjacent lot at the corner of Freedlander & Lewis Griffin is also available, offering additional institutional zoning flexibility. The property has utilities available, with a Lake Wales Water Capacity Exchange agreement in place to access the main water line. The topography is mostly level, and the land is located in Flood Zone X, minimizing flood risk.
Polk County continues to experience rapid growth, with 82+ new residents per day, fueling high housing demand and increasing property values. The median home price has risen 9.8% year-over-year, reflecting the area's strong real estate market. The site is conveniently located near US-27 and I-4, with easy access to shopping centers, schools, and medical facilities.
This is a prime location for builders, developers, and investors seeking to capitalize on Central Florida’s booming housing market.
Listing Agent
KELLER WILLIAMS REALTY SMART Brokerage Phone: 863-577-1234 License #3283301 Listed on: 02/06/2025
Co-Listing Agent
KELLER WILLIAMS REALTY SMART Brokerage Phone: 863-577-1234 License #655886
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,074
Lot Details
- 16 Acre Lot
- Lot Dimensions are 1035x641
- The property's road front is unimproved
- 2 Lots in the community
- Additional Parcels
- Property is zoned RC
Schools
- Bartow Elementary Academy
- Union Academy Magnet Middle School
- Frostproof Middle - Senior High School
Utilities
- Well
Listing and Financial Details
- Assessor Parcel Number 28-30-17-000000-043050
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Price Changed | $729,000 | -2.8% | -- |
| 02/06/2025 02/06/25 | For Sale | $749,900 | +463.8% | -- |
| 07/26/2021 07/26/21 | Sold | $133,000 | -4.9% | -- |
| 06/25/2021 06/25/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $139,900 | -- | -- |
Source: Stellar MLS
MLS Number: L4950578
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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