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State Road 557
Polk City, FL 33868
Land For Sale
·
305.00 AC
Investment Highlights
- 305-acre parcel with 92 acres deemed developable.
- Located across from Meritage Homes’ Silver Lakes community with utilities extended to the entrance.
- Positioned within an active development corridor featuring national homebuilders.
- Current zoning allows 1 unit per 5 acres; potential rezoning could allow up to 4 units per acre.
- HWY 557 expansion to four lanes scheduled to begin in 2025, with a roundabout planned at the intersection.
- Approximately 45 minutes from Orlando International Airport and 38 minutes from Walt Disney World.
Executive Summary
The property benefits from its strategic location, just 45 minutes from Orlando International Airport and under 40 minutes from Walt Disney World. HWY 557 is slated for expansion to a four-lane roadway, with construction beginning in summer 2025, further improving accessibility and traffic flow. A roundabout and a five-acre retention pond are also planned, supporting future infrastructure needs. Surrounding development activity is robust, with major builders such as Meritage Homes, Pulte, DR Horton, and American Homes actively building in the area. Utilities, including water and sewer, are being extended nearby by external developers, reducing upfront costs for future projects. This offering represents a compelling opportunity for residential developers seeking scale, connectivity, and long-term growth potential in Central Florida.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 305.00 AC |
| Property Type | Land | ||
| Zoning | RC - currently zoned agriculture, allowing 1 dwelling unit per 5 acres, resulting in a yield of 20 lots. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 305.00 AC |
| Zoning | RC - currently zoned agriculture, allowing 1 dwelling unit per 5 acres, resulting in a yield of 20 lots. |
1 Lot Available
Lot
| Price | $16,308,000 CAD | Lot Size | 305.00 AC |
| Price Per AC | $53,468.85 CAD |
| Price | $16,308,000 CAD |
| Price Per AC | $53,468.85 CAD |
| Lot Size | 305.00 AC |
Description
The property consists of 305 acres along HWY 557 in Polk City, Florida, with 92 acres identified as developable. It is currently zoned for agricultural use, permitting one dwelling unit per five acres. The site is contiguous to Polk City, creating potential for annexation and rezoning to Village Residential, which allows four units per acre. The property is located across from the Silver Lakes development by Meritage Homes, where water and sewer infrastructure has been extended. HWY 557 is scheduled for expansion to a four-lane roadway beginning in 2025, and a roundabout will be constructed at the intersection. A five-acre retention pond will be developed adjacent to the highway. The surrounding area includes active residential development by multiple national builders.
