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For Sale

Lake Mabel Waterfront Development

North Scenic Highway (SR 17),
Lake Wales, FL 33898

Asset Snapshot

70.00 Acres
Land Area

Offering Summary

Investment Overview

Lake Mabel Waterfront Development offers a compelling residential development and investment opportunity within the Town of Dundee, Florida. Located along Scenic Highway (SR 17) and less than 2.5 miles from US Highway 27, the property offers approximately 1,300 feet of frontage along Scenic Highway, approximately 2,300 feet of county-maintained frontage along Dekle Road, and significant frontage along Lake Mabel. The combination of these attributes provides a unique setting for future residential development, with the waterfront offering the potential to enhance both community design and long-term value. The property is designated primarily Low Density Residential under the Town of Dundee Future Land Use Map, allowing primarily single-family residential development at densities of up to 5.0 dwelling units per acre. Agricultural uses are also permitted, allowing for continued agricultural use during an interim holding period. The property is currently Unclassified for zoning, providing an opportunity to pursue zoning consistent with the adopted residential Future Land Use designation. Municipal water and sewer infrastructure provided by the Town of Dundee is located approximately 2.5 miles north of the property. Situated at the southern edge of Dundee and adjacent to the City of Lake Wales, the property is strategically positioned within the Dundee–Lake Wales development corridor. The surrounding area continues to experience residential expansion as growth moves through this portion of Polk County. Between 2020 and 2025, Polk County’s population increased approximately 21% to nearly 875,000 residents, more than twice Florida’s statewide growth rate over the same period. These trends support the property’s potential as a mid- to long-term investment as development and infrastructure progress toward the site. The property’s proximity to US Highway 27 provides convenient access to Lake Wales, Winter Haven, and Lakeland, along with connectivity to the broader Orlando–Tampa corridor and Central Florida’s major employment and population centers.


Investment Highlights

  • Approximately 1,300± feet of frontage on Scenic Highway (SR 17)
  • Approximately 2,300± feet of county-maintained frontage on Dekle Road
  • Significant frontage on Lake Mabel
  • Less than 2.5 miles to US Highway 27
  • Municipal water and sewer infrastructure approximately 2.5 miles from the property
  • Minutes from Downtown Lake Wales, AdventHealth, Publix, Walmart, Lowe's, and The Home Depot
  • Convenient access to Lakeland, Winter Haven, Orlando, and Tampa
  • Located within one of Central Florida's fastest-growing residential corridors

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Listing Syndicated From

Buildout
For Sale
$2,400,000
Asking Price