742 N Lake Reedy Boulevard, Frostproof, FL 33843

$649,800

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List Price
$649,800
Status
Active
Days on Market
289
MLS#
L4956596
Lot Size
744,876
Acres
17.10
Total Acreage
10 to less than 20
MLS Area Major
Frostproof

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!

Additional Information

Taxes
$2096
Community Features
No Deed Restriction
Zoning
AG
Utilities
Electricity Available, Water Available
Pool
No Pool
Water View
Lake
Flood Zone Code
X, AE
Parcel ID
28-31-28-000000-012120
Legal Description
THAT PART OF SE1/4 OF NE1/4 LYING N OF LAKE REEDY BLVD & S OF SR 630 LESS MAINT R/W & LESS THAT PT LYING WITHIN THE FOLL DESC: COMM INT OF W LN OF SE1/4 OF NE1/4 OF SEC & R/W LN OF SR 630 RUN N59-40-53E 376.80 FT TO POB N59-40-53E 830 FT NELY ALONG C URVE 255.82 FT S00-12-17E 90.18 FT S02-38- 43E 100.08 FT S00-55-39E 100.01 FT S00-21-17E 36.37 FT SWLY ALONG CURVE 96.30 FT S59-40-53W 830 FT N30-19-07W 300 FT TO POB

Listing courtesy of ADVANTAGE REALTY 1. 863-386-1111

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