$683,900
For Sale

742 N LAKE REEDY BOULEVARD

Frostproof, FL 33843
Browse 11 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This property has it all! 17.1 acres of truly prime 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. Tremendous potential for estate 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. Homesites are now being developed immediately to the east of this parcel. Now is the time to get out in front of the inevitable, and seize this opportunity while it’s available!

  • Property Details
      • Acres17.1
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectrical Nearby
  • Community and Neighborhood Details
      • CountyPolk
  • Financial Details
      • Original List Price$683,900
      • Taxes Annual$2,116
      • Days on Market (Cumulative)19
  • Other
      • MLS #L4947253

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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