For Sale
$999,000

187 Lake Morton Dr Lakeland, FL 33801

Prime Lakeland land, multifamily potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 0.56-acre development site is located at 187 Lake Morton Drive in Lakeland, Florida's vibrant downtown. Boasting 40 feet of lake frontage on Lake Morton, this property offers unparalleled development opportunities. Its prime location provides easy walking access to a bustling area filled with shopping, dining, and entertainment options. Currently zoned O-1 (Office), the site is easily re-zoneable for multifamily use, offering flexible development potential to suit various needs. Lakeland's impressive growth trajectory is undeniable, recognized as the #1 Fastest Growing City in the US by Bloomberg.com and the #36 Best Performing City by the Milken Institute. The property benefits from high visibility and accessibility, with an impressive Average Annual Daily Traffic (AADT) of 23,000 vehicles. This presents a unique chance to capitalize on Lakeland's thriving market and contribute to its exciting future. The asking price for this remarkable property is $999,000. This is a truly exceptional opportunity for investors seeking a prime location in a rapidly growing city.

Highlights

  • 0.56-acre development site in Lakeland, FL's vibrant downtown.
  • 40 feet of lake frontage on Lake Morton.
  • Walking distance to shopping, dining, and entertainment.
  • Currently zoned O-1 (Office), easily re-zoneable for multifamily.
  • High visibility and accessibility with 23,000 AADT.
  • Asking price: $999,000.

Property Details for 187 Lake Morton Dr

Property type
Land

Location Insight

City
Lakeland
County
Polk
State
Florida
Latitude
28.037370779026
Longitude
-81.955619027243

FAQs

What type of property is this?
Land - Prime Lakeland land, multifamily potential.
Where is the land located?
The property is located at 187 Lake Morton Dr Lakeland, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 0.56-acre development site in Lakeland, FL's vibrant downtown.; 40 feet of lake frontage on Lake Morton.; Walking distance to shopping, dining, and entertainment.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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187 Lake Morton Dr
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