742 N LAKE REEDY BOULEVARD at

742 N LAKE REEDY BOULEVARD

$649,800

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Overview

17.1 acres

Property Description

17 acres of truly prime lakeview real estate in the easternmost portion of Frostproof (pop. 2877), with a quarter mile of lakeview residential frontage on upscale North Lake Reedy Boulevard, and well over a quarter mile of highway frontage with hard corner on County Road 630, a primary arterial corridor between south Polk and Highlands Counties and Florida’s Treasure Coast. The City of Frostproof is currently expanding the public water system, with sufficient capacity for development on this parcel. Tremendous upside potential for homesites a stone’s throw from the lake on the south side, commercial use such as RV storage or retail on the increasingly-busy highway, and sufficient buffer (e.g. green space, clubhouse/pool) in between to preserve the tranquility of the homesites. Gorgeous, sand-bottomed, 3500 acre Lake Reedy is literally across the street, with a county park with paved boat ramp less than a quarter mile down the shore. Polk County’s explosive growth is no secret, nor is the scarcity of access to the east. To the north are Interstate 4 and US 17-92, both often impassable with traffic. State Road 60 extends eastward from Lake Wales, and US 98 goes southeast from Sebring. That’s it. Except for County Road 630, a feeder route to State Road 60 which provides eastward access for those between Lake Wales and Sebring. As this unprecedented growth continues, County Road 630 and still-rural Frostproof are directly in the crosshairs. Homes are now being constructed in the vicinity of this parcel. Now is the time to get out in front of the inevitable, and seize this opportunity while it’s available!

Property Details

MLS#

L4956596

Address

742 LAKE REEDY N

City

Frostproof

State/county

Zip/Postal Code

33843

Area

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,096

Maint Fee

$--

Tax Year

2024

Water

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