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187 Lake Morton Dr - Stunning Downtown Lakefront Commercial Lot 0.56 Acres of Commercial Land Offered at $1,299,000 in Lakeland, FL 33801
Investment Highlights
- .56 AC commercial lakefront lot in downtown Lakeland 105 feet of frontage along Lake Morton Drive
- The pursuit of a multifamily rezone is plausible as the immediate neighborhood is a mix of office and residential
- Survey and Phase 1 Environmental Report available
- Zoned O-1, City of Lakeland. Uses include professional office, personal service establishments, and parking. Formerly a two story law office.
- 25,000 vehicles per day on South Florida Ave. City of Lakeland water, wastewater and electricity.
- The iconic Wilsonian Building and the adjoining duplex to the west are also for sale, please refer to the "Additional Properties" page.
Executive Summary
We are pleased to present this truly exceptional commercial lot, one of the last of its kind, situated directly on Lake Morton in vibrant downtown Lakeland.
This property has 105 feet of frontage on the lake and is zoned O-1 (City of Lakeland), positioning it as prime real estate for new development. The O-1 classification allows for a variety of uses, including professional office, personal service establishments, and parking.
With precedent established in the immediate area, the potential for rezoning to multifamily use makes this an even more versatile and highly desirable investment.
The lot is within easy walking distance of downtown Lakeland's core, the charming Dixieland neighborhood, both with their wide array of restaurants and retail, and also the scenic Lake Hollingsworth.
Don't miss this rare opportunity to develop on a premier lakefront commercial site.
*The iconic Wilsonian Building and the adjoining duplex to the west are also for sale, please refer to the "Additional Properties" page. Contact listing agents for more information.
This property has 105 feet of frontage on the lake and is zoned O-1 (City of Lakeland), positioning it as prime real estate for new development. The O-1 classification allows for a variety of uses, including professional office, personal service establishments, and parking.
With precedent established in the immediate area, the potential for rezoning to multifamily use makes this an even more versatile and highly desirable investment.
The lot is within easy walking distance of downtown Lakeland's core, the charming Dixieland neighborhood, both with their wide array of restaurants and retail, and also the scenic Lake Hollingsworth.
Don't miss this rare opportunity to develop on a premier lakefront commercial site.
*The iconic Wilsonian Building and the adjoining duplex to the west are also for sale, please refer to the "Additional Properties" page. Contact listing agents for more information.
Property Facts
| Price | $1,299,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.56 AC |
| Property Type | Land | ||
| Zoning | O-1 - Low Impact Office Use | ||
| Price | $1,299,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.56 AC |
| Zoning | O-1 - Low Impact Office Use |
1 Lot Available
Lot
| Price | $1,299,000 | Lot Size | 0.56 AC |
| Price Per AC | $2,319,642.86 |
| Price | $1,299,000 |
| Price Per AC | $2,319,642.86 |
| Lot Size | 0.56 AC |
.56 lot on Lake Morton Drive in Lakeland, FL.
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (73)
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187 Lake Morton Dr - Stunning Downtown Lakefront Commercial Lot
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