STATE ROAD 60 E, LAKE WALES, FL, 33898
Active976 days on marketListed Nov 28, 2023MLS #P4928255
About this home
STATE ROAD 60 E
10.96 +/- Acre corner lot, vacant land, with premium frontage on State Road 60 in Lake Wales. This amazing site is situated just outside of the city limits of Lake Wales and one of the few properties in the area with partial commercial zoning. It is within close proximity to a number of high traffic stores and amenities. Only 2.5 miles to Walmart, 4.4 miles to Publix, 6.2 miles to Bok Tower, 5.3 miles to downtown Main St, and 7 miles to the local favorite- Crazy Fish. State Road 60 is the main thoroughfare across the State of Florida connecting The East Coast in Vero Beach to the West Coast in Tampa Florida directly through Lake Wales. With a traffic count of 19,900 cars per day according to the FLDOT, this site has premium visibility and would be a fantastic acquisition for an investor or entrepreneur. The lightly wooded lot has a front portion that is zoned CE (Commercial Enclave) which allows for retail opportunities and even has a conditional use for a gas station. The rear portion of the lot is zoned RS (Residential Suburban) which allows for Single Family detached homes with a density of 1du/ 5 acres. The property has 4.5+/- acres of high and dry land while the remainder is positioned in Flood Zone A. Potential to rezone the property for one sole use pending a pre application process and Level 4 review with the county. Don't miss this incredible opportunity for development.
Facts & features
The home at a glance
10.96 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.
$3,782 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$3,782/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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 Lake Wales
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33898 — neighborhood snapshot
Population
18,426
Median age
46.9
Median income
$54,778
Median home value
$161,500
Avg household
2.51
Households w/ children
1,790
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $275K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 283% above the LAKE WALES 33898 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near STATE ROAD 60 E
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$299,900
19507 HWY 60 E
3 bd · 2 ba · 1,404 sqft · $214/sqft · 7 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
Robert Holmgren
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about STATE ROAD 60 E — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for STATE ROAD 60 E — before you fall in love.
See it in person
Schedule a tour
Live availability from Robert's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
STATE ROAD 60 E FAQs
What would the monthly payment be for STATE ROAD 60 E?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,782/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 STATE ROAD 60 E?+
The most recent tax bill on record (2022) was $2,456. 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 Lake Wales?+
At $540,000, this home is listed about 111% above the Lake Wales median of $256,490. The market section on this page shows how the area is trending.
Which schools are assigned to STATE ROAD 60 E?+
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
$540,000 runs 283% above the LAKE WALES 33898 median.
02Time on market is leverage
976 days on market against a Lake Wales median of 56 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $600,000, now $540,000 — a $60K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY SMART 1 · David Reyes. MLS #P4928255.
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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