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0 Harding - Harding & Florida Ave Opportunity Zone 3.81 Acres of Residential Land Offered at $550,000 in Lake Wales, FL 33853

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EXECUTIVE SUMMARY

Prime Investment Opportunity Zone development. Impact fees almost totally reduced for the production of housing in this neighborhood, a very significant savings.

PROPERTY FACTS

Price $550,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 3.81 AC
Cross Streets Jewell St
Opportunity Zone Yes
Zoning Residential - Single Family residential or PUD possible

1 LOT AVAILABLE

Lot

Price $550,000
Price Per AC $144,356.96
Lot Size 3.81 AC

Eight lot subdivision located in an Opportunity Zone. No street construction required. Duplexes allowed. Ready to build in fast growing Lake Wales. Sewer lines are installed on-site which will minimize infrastructure costs. Also impact fee reduction.

DESCRIPTION

10/2025 This property has been re-platted for 8 lots utilizing existing frontage, no street construction required. Ideal for 8 duplexes. Prior plat for a 13 lot subdivision is also an approved use. Opportunity Zone subdivision, flat, mostly all level field, ready to build. Sewer infrastructure exists in place, there are two sewer easements along property boundaries with sewer lines previously installed which will facilitate each lot connection. In street sewer line construction not required. Great location, residential neighborhood with easy access to US 17, 27, and 60. The site is mostly all field so a very minimal amount of stumping and grubbing required. Level site, easy to work which will minimize site prep costs. Opportunity Zone property, fantastic tax benefits for a SFR project.

  • Listing ID: 29629556

  • Date on Market: 9/26/2023

  • Last Updated:

  • Address: 0 Harding, Lake Wales, FL 33853

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