
742 N LAKE REEDY BOULEVARD, FROSTPROOF, FL, 33843
Active305 days on marketListed Oct 14, 2025MLS #L4956596
About this home
742 N LAKE REEDY BOULEVARD
17 acres of truly prime lakeview real estate in the easternmost portion of Frostproof (pop. 2877), with a quarter mile of lakeview residential frontage on upscale North Lake Reedy Boulevard, and well over a quarter mile of highway frontage with hard corner on County Road 630, a primary arterial corridor between south Polk and Highlands Counties and Florida’s Treasure Coast. The City of Frostproof is currently expanding the public water system, with sufficient capacity for development on this parcel. Tremendous upside potential for homesites a stone’s throw from the lake on the south side, commercial use such as RV storage or retail on the increasingly-busy highway, and sufficient buffer (e.g. green space, clubhouse/pool) in between to preserve the tranquility of the homesites. Gorgeous, sand-bottomed, 3500 acre Lake Reedy is literally across the street, with a county park with paved boat ramp less than a quarter mile down the shore. Polk County’s explosive growth is no secret, nor is the scarcity of access to the east. To the north are Interstate 4 and US 17-92, both often impassable with traffic. State Road 60 extends eastward from Lake Wales, and US 98 goes southeast from Sebring. That’s it. Except for County Road 630, a feeder route to State Road 60 which provides eastward access for those between Lake Wales and Sebring. As this unprecedented growth continues, County Road 630 and still-rural Frostproof are directly in the crosshairs. Homes are now being constructed in the vicinity of this parcel. Now is the time to get out in front of the inevitable, and seize this opportunity while it’s available!
Facts & features
The home at a glance
17.1 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,085 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,085/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Frostproof
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Frostproof. See the full Frostproof guide →
FROSTPROOF 33843 — neighborhood snapshot
Population
11,072
Median age
53.4
Median income
$51,358
Median home value
$107,900
Avg household
2.45
Households w/ children
742
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Frostproof market
$220K → $225K
Frostproof median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
Median sold price, Frostproof, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1226% above the FROSTPROOF 33843 median. See the full Frostproof market guide →
Paper trail
This home's history
Reality check
What actually sold near 742 N LAKE REEDY BOULEVARD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$80,000
10 BRUCE AVE, Frostproof FL 33843
2 bd · 2 ba · 78 DOM
Sold · Aug ’25$70,000
15 BLACKJACK AVENUE
1 bd · 1 ba · 640 sqft · $109/sqft · 42 DOM
Sold · Jun ’26$120,000
33 W F STREET
2 bd · 2 ba · 920 sqft · $130/sqft · 261 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Your agent
Solance Kallendorf
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 742 N LAKE REEDY BOULEVARD — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 742 N LAKE REEDY BOULEVARD — before you fall in love.
See it in person
Schedule a tour
Live availability from Solance's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
742 N LAKE REEDY BOULEVARD FAQs
What would the monthly payment be for 742 N LAKE REEDY BOULEVARD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,085/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 742 N LAKE REEDY BOULEVARD?+
The most recent tax bill on record (2024) was $2,097. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Frostproof?+
At $649,800, this home is listed about 110% above the Frostproof median of $309,999. The market section on this page shows how the area is trending.
Which schools are assigned to 742 N LAKE REEDY BOULEVARD?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$649,800 runs 1226% above the FROSTPROOF 33843 median.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
305 days on market against a Frostproof median of 64 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of ADVANTAGE REALTY 1 · Jim Pyle. MLS #L4956596.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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