Leisure Lane Lake Wales Development Opportunity — Sale in Lake Wales, FL

  • Price: $684K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lake Wales, FL 33898
  • Size: 3,460 SF
  • Year built: 1979

Investment Figures

Price per square foot
$198

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This property is presently listed at 77% of the appraised value. Key Property Features: Property Type: Health Care, Multi-Family, Special Purpose Acreage: 6.73 acres Location: Unincorporated Polk County Close Proximity to Lake Weohyakapka (7,549 acres, a Public Lake) This exceptional, 6.73 acre property, offers an exciting opportunity in the heart of Unincorporated Polk County. With its rich history and serene surroundings, this former church offers a truly unique canvas for investors, developers, and entrepreneurs seeking to make a positive impact in the community. At just under 7 acres, the property's expansive land provides ample space for a wide range of potential developments, making it an ideal choice for Health Care facilities, Multi-Family housing, or Special Purpose projects. Its proximity to the tranquil Lake Weohyakapka, spanning 7,549 acres, adds an element of natural beauty and recreational potential that is sure to enhance the appeal of any project. Whether you envision a state-of-the-art healthcare facility, a contemporary multi-family housing complex, or a specialized purpose-driven project, this former church on 6.83 acres offers a canvas of possibilities waiting to be explored. Don't miss your chance to be a part of the transformation of this historic property into a vibrant and meaningful addition to the community. Contact us today to learn more and schedule a viewing. Key Highlights: Versatile Zoning: This property's zoning allows for a variety of commercial and specialized uses, providing flexibility for investors and developers to explore their vision. Historic Charm: The original church building exudes character and history, offering the potential to incorporate unique architectural features into any redevelopment project. Scenic Surroundings: The property's close proximity to Lake Weohyakapka ensures a peaceful and picturesque setting that can be leveraged to enhance the appeal of your development. Strategic Location: Situated in Unincorporat

Market Context

This multifamily in Lake Wales, FL is listed for sale at $684,400 across 3,460 SF. The building dates to 1979. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Lake Wales, FL — view the full market.

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