21280 HWY 27
Lake Wales, FL, 33859 $ 4,900,000
Bedrooms-- Baths-- Sq 5,400 Monthly Estimate*
$ 33,843
for $4,900,000. This 5,400 square foot building was built in 1989 on a lot size of 10.96.
Exceptional commercial real estate opportunity offering a unique combination of improved property and substantial acreage. This versatile property features multiple existing buildings situated on a spacious tract of land, providing flexibility for a variety of commercial, investment, or redevelopment opportunities. The property is zoned Limited Commercial Industrial (LCI) by the city of Lake Wales. Permitted use include: Construction support-light & heavy, laboratory, research, landscaping service, mini-storage, professional, public facilities, farming, crop or nursery, catering facility, food processing, health service, hospitals, veterinary, animal hospital, assembly & fabrication, laundry & dry cleaning, warehouse, auto rental, auto dealer, auto parking, recreational vehicle, mobile home, or boat dealers. The property's feature building is the complete auto dealership and includes approximately 11,876 SF of gross building area; 5,400 SF is finished office/showroom space, the remainder is a mix of garage, storage, and auto service area. There’s an additional 2,344 SF of canopies and an additional 4,125 SF service department in the rear. The interior front of the building features an open showroom and offices, the rear houses the shop and service department area and was remodeled in 2004. All of the out-buildings have electricity and water. Other site improvements include approximately 50,000 SF of concrete paving as well as signage typical of auto dealerships. The property has approximately 10.96 acres with total developable area is approximately 9.69 acres. 1.27 acres is submerged, low or inaccessible
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FeaturesGeneralCooling Central Air
Zoning XX
Construction Materials Block
Year Built 1989
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 272934000000031010
County Polk
New Construction false
Property Type Commercial Sale
Status Active
Directions Property is located between Cypress Gardens Boulevard (North) and Highway 60 (South) accessible by US Highway 27.
City LAKE WALES
MLS Area 33859 - Lake Wales
Lot Size Units Acres
Lot Size Square Feet 477417
Tax Annual Amount 23924
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7890168
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description THE N 303 FT OF FOLLOWING THAT PART OF NE1/4 OF NW1/4 LYING W OF HWY 27 & N OF CO RD R/W & E1/2 OF NW1/4 OF NW1/4 LYING N OF CO RD R/W & E OF BRANCH
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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InteriorAir Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 10.96
Foundation Details Slab
Number of Buildings 3
Building Area Total 11876
Lot Size Acres 10.96
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Highway
Number of Lots 2
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* Excluded FeaturesList ByGulf Coast Executive RealtyBroker
rebeccajonas78@hotmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $33,843
- Monthly Property Taxes
- $1,994
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Lake Wales, FL
Average List Price $1,111,924
Percent of Sale Price 77%
About Lake Wales, FL 15,820 Population
28% Since 2002
$ 38,450 Median Income
39.85 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/23/2026 | $4,900,000 | -9.26% | Price Down |
| 10/7/2026 | $5,400,000 | | Listed Price |