CHALET SUZANNE ROAD, LAKE WALES, FL 33859
$3,200,000
Commercial Lots Taxes: $696.00 Type: Commercial Listed on 10/08/2018 MLS # P4902888

Description of CHALET SUZANNE ROAD, LAKE WALES, FL 33859

Exciting opportunity for a large Mixed-Use Development. Property is approximately 215 acres and has future land uses of Medium Density Residential and Regional Activity Center. Located along US Hwy 27 corridor in an area of booming commercial and residential development. The site sits behind the Home Depot, Kohl's and the Shoppes on the Ridge Publix Shopping Center with frontage on Chalet Suzanne Rd. There is a proposed traffic light and road across from Eagle Ridge Mall entrance which will split the commercial frontage on Chalet Suzanne Rd. and give this site two hard commercial corners at the new traffic light. Suitable commercial uses include retail, hospitality, office and medical office. The residential portion of this site allows for 6 units/acre and would be suitable for townhomes and single family homes. Wetlands on site also carry 6 units/acre density which can be clustered onto uplands. This site surrounds a permitted 260 unit apartment complex scheduled for construction January 2019. The southern portion of Star Lake Blvd. will be constructed for access to the apartments and will terminate and the new traffic light to be installed.

Directions to CHALET SUZANNE ROAD, LAKE WALES, FL 33859

From US Hwy 27 & State Rd 60 in Lake Wales, proceed south on Hwy 27 approximately 4.5 miles to Chalet Suzanne Rd. approximately 500 feet. Property is located on north side of Chalet Suzanne Rd. right behind the Publix Shopping Center.

Features of CHALET SUZANNE ROAD, LAKE WALES, FL 33859

Lot

  • Frontage: 3314
  • Lot acreage is: 215.00
  • Lot dimension is: 3700 x 3300
  • Lot on flood plain
  • Lot zoned: RC
  • Wetlands

Utilities

  • Sewer

Other

  • Tax year: 2017

Mortgage Payments for CHALET SUZANNE ROAD, LAKE WALES, FL 33859

The approximate monthly Principal & Interest payment for this property would be $14,497. This payment is based on a 30-year loan at a fixed rate of 4.41 % with a down payment of $320,000. Actual lender interest rates and loan programs may vary.

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