21280 HWY 27 Lake Wales, FL $ 4,900,000
21280 HWY 27
$ 4,900,000
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21280 HWY 27

Lake Wales, FL, 33859
$ 4,900,000
Bedrooms-- Baths-- Sq 5,400

Monthly Estimate*

$ 33,843

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Commercial Property for sale in Lake Wales, FL

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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Commercial Active

Price

$ 4,900,000

Property Type

Commercial

Taxes

$ 23,924

Style

Mixed Use

Lot Size

10.96

Year Built

1989

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

W7890168

Features
General
Cooling 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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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot 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 Features
List By
Gulf Coast Executive Realty

Broker

rebeccajonas78@hotmail.com

Email

Affordability Calculator

$35,837
Per Month
94%
6%
0%
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2026$4,900,000 -9.26% Price Down
10/7/2026$5,400,000 Listed Price

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21280 HWY 27, Lake Wales, FL, 33859 is a Commercial Property for sale at $4,900,000 with 5,400 sqft and a lot size of 10.96. 21280 HWY 27 was built in 1989. The property's zip code is 33859 which is in Lake Wales, FL