Property Description

A prime corner lot at the intersection between SR 60 and Doherty Dr, Lake Wales. This property is currently zoned as Agriculture/Rural Residential(ARR), which allows a series of land uses, like religious institution, isolated convenience store, mobile home park etc (see attachment for all allowable land uses under ARR). Also, it can be rezoned to commercial use and has great commercial potential. Its frontage along with SR 60 has 381 feet. Strong, unobstructed visibility from SR 60; 13,700-16,800 Annual Average Daily Traffic (AADT); and easy ingress/egress with corner positioning, turn lanes and median cuts. Adjacent to Doherty Dr., the only access road leading into a 1,400-unit residential community, including NALCEST, Walden Shore of Lake Wales, and Lakeshore. There are other multiple communities within 7 miles, including Indian Lake Estates, Lake Walk-in-Water Estates and Saddlebag Lake Resort etc. Gold Coast Utilities is nearby and willing to extend utilities to the site. Size is 5.73 acres and flood zone X. It has enough space and is easy to develop businesses to serve locals. Don’t miss this investment opportunity. Seller Financing available. The cross-street property (TB8459688) is also available.

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Property Details

Site & Exterior

Current Use

Residential

Flood Zone Code

X

I D X Participation

Yes

Lot Size Acres

5.73

Lot Size Area

5.7272

Lot Size Dimensions

381 x 700

Lot Size Square Feet

249477

Lot Size Units

Acres

Public Survey Range

29

Public Survey Section

16

Road Surface Type

Paved

Sewer

Septic Needed

Total Acreage

5 to less than 10

Utilities

Electricity AvailableSewer NearbyWater Nearby

Water Source

Well Required

Zoning

ARR

Financials

Calculated List Price By Calculated Sq Ft

1.2

Contract Status Change Date

2025-09-15

Current Price

299000

Feed Types

BBO

Owner Name

OAKBAY HOMES LLC

Ownership

Fee Simple

Parcel Number

293016992665000580

Price Per Acre

52182

Public Survey Township

30

Tax Annual Amount

1027.14

Tax Book Number

71-12 THRU 15

Tax Legal Description

LAKE HAVEN ACRES PB 71 PGS 12 THRU 15 LYING IN SECTIONS 9 15 16 21 & 22 T30 R29 LOT 58 LESS R/W FOR SR 60

Tax Lot

58

Tax Year

2024

Construction

Building Area Units

Square Feet

Living Area Units

Square Feet

Neighborhood & Lifestyle

Community & Association

M L S Area Major

33898 - Lake Wales

Subdivision Name

LAKE HAVEN ACRES

Listing provided courtesy of STELLAR via IDX. Updated: Feb 20, 2026, 3:38pm.

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Property Description

Property Details

Site & Exterior

Financials

Construction

Neighborhood & Lifestyle

Community & Association

Feng Wu

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Property Description

Property Details

Site & Exterior

Financials

Construction

Neighborhood & Lifestyle

Community & Association

Feng Wu