US-27, LAKE WALES, FL, 33859
Active324 days on marketListed Sep 3, 2025MLS #P4936152
About this home
US-27
Located in the rapidly growing city of Lake Wales, Florida, this ±3.15-acre commercial development site sits prominently along the bustling US 27 corridor. US 27 is a major north–south artery running from Fort Wayne, Indiana, to Miami, Florida, serving as a vital connection for both regional and local transportation. This premium property offers 450 feet of high-visibility frontage on US 27 and is zoned by Polk County as a Linear Commercial Corridor, allowing for a wide range of uses including childcare, medical office, clinic, office park, professional services, restaurant, retail, and veterinary services. The surrounding area is experiencing significant growth and residential expansion, with recent developments including the Alera at Hunters Glen apartment complex, KB Homes’ Forest Lake Townhomes, and Lennar’s Leoma’s Landing single-family community. Public utilities are available nearby within these residential neighborhoods, further supporting development potential.
Facts & features
The home at a glance
3.15 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.
$9,845 /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
$9,845/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 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 33859 — neighborhood snapshot
Population
10,827
Median age
50.2
Median income
$61,871
Median home value
$200,300
Avg household
2.36
Households w/ children
878
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 540% above the LAKE WALES 33859 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near US-27
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$203,500
128 WOODLAWN AVENUE
2 bd · 1 ba · 806 sqft · $252/sqft · 9 DOM
Sold · May ’26$234,000
656 W DATE STREET
3 bd · 2 ba · 1,000 sqft · $234/sqft · 192 DOM
Sold · Jul ’26$230,000
833 3RD AVENUE
3 bd · 2 ba · 1,172 sqft · $196/sqft · 137 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
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about US-27 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for US-27 — before you fall in love.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
US-27 FAQs
What would the monthly payment be for US-27?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $9,845/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 US-27?+
The most recent tax bill on record (2024) was $5,412. 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 $1,600,000, this home is listed about 524% 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 US-27?+
Spook Hill Elementary School (elementary), Winter Haven Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY SMART 1 · David Reyes. MLS #P4936152.
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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