701 LAKE MABEL LOOP ROAD, LAKE WALES, FL 33898
$1,250,000
Lots and Land Taxes: $3,684.00 Type: Unimproved Land Listed on 07/19/2018 MLS # P4901498

Description of 701 LAKE MABEL LOOP ROAD, LAKE WALES, FL 33898

PRICE REDUCED CLICK ATTACHEMENT FOR BROCHURE Beautiful Lakefront Property. 40 acres buildable with increased elevation to the east away from the lake. Every house can have a lake view. Lake Mabel is an 80 acre lake with abundant fish and a wonderful water skiing lake.• 40 acres with 2000 +/- feet lakefront • Density can be 3 units per acre or higher • Water and sewer next door. Power, Telephone and Internet available • Elevation rises to the east allowing beautiful lakefront views • 5 mins to shopping and US 27 • Space for 24 lakefront lots • Additional space for 65 + homes • Beautiful west view of sunsets across lake • Property abuts land annexed into city of Lake Wales • Quite country atmosphere Many restaurants within 15 minutes. Property amenities can include Water skiing, Wake boarding, Tubing, and Bass fishing,Fabulous lakefront sunset location for Restaurant/Bar for vacationers as well as general public

Directions to 701 LAKE MABEL LOOP ROAD, LAKE WALES, FL 33898

From US 27 and Cypress Gardens Blvd , Lake Wales. Drive East on Waverly Rd for 2.26 miles to N. Scenic Hwy. Drive south on N. Scenic Hwy .64 miles to Lk Mabel Loop Road. Drive East on Lake Mabel Loop Road for .77 miles property is on the N side of road.

Features of 701 LAKE MABEL LOOP ROAD, LAKE WALES, FL 33898

Lot

  • Frontage: 500
  • Lot acreage is: 40.00
  • Lot dimension is: Irregular
  • Lot has lake access
  • Lot has lake view
  • Lot has water view
  • Lot has western exposure
  • Lot on or near lake
  • Lot zoned: RE-1
  • Waterfront lot

Interior

  • Cable television available

Other

  • Pets allowed
  • Tax year: 2017

Mortgage Payments for 701 LAKE MABEL LOOP ROAD, LAKE WALES, FL 33898

The approximate monthly Principal & Interest payment for this property would be $6,176. This payment is based on a 30-year loan at a fixed rate of 4.75 % with a down payment of $125,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.