742 N Lake Reedy Blvd

$649,800
Price
744,876 / 17.1
Lot Size / Acres

Description

17 acres of truly prime lakeview real estate in the easternmost portion of Frostproof (pop. 2877), with a quarter mile of lakeview residential frontage on upscale North Lake Reedy Boulevard, and well over a quarter mile of highway frontage with hard corner on County Road 630, a primary arterial corridor between south Polk and Highlands Counties and Florida’s Treasure Coast. The City of Frostproof is currently expanding the public water system, with sufficient capacity for development on this parcel....17 acres of truly prime lakeview real estate in the easternmost portion of Frostproof (pop. 2877), with a quarter mile of lakeview residential frontage on upscale North Lake Reedy Boulevard, and well over a quarter mile of highway frontage with hard corner on County Road 630, a primary arterial corridor between south Polk and Highlands Counties and Florida’s Treasure Coast. The City of Frostproof is currently expanding the public water system, with sufficient capacity for development on this parcel. Tremendous upside potential for homesites a stone’s throw from the lake on the south side, commercial use such as RV storage or retail on the increasingly-busy highway, and sufficient buffer (e.g. green space, clubhouse/pool) in between to preserve the tranquility of the homesites. Gorgeous, sand-bottomed, 3500 acre Lake Reedy is literally across the street, with a county park with paved boat ramp less than a quarter mile down the shore. Polk County’s explosive growth is no secret, nor is the scarcity of access to the east. To the north are Interstate 4 and US 17-92, both often impassable with traffic. State Road 60 extends eastward from Lake Wales, and US 98 goes southeast from Sebring. That’s it. Except for County Road 630, a feeder route to State Road 60 which provides eastward access for those between Lake Wales and Sebring. As this unprecedented growth continues, County Road 630 and still-rural Frostproof are directly in the crosshairs. Homes are now being constructed in the vicinity of this parcel. Now is the time to get out in front of the inevitable, and seize this opportunity while it’s available!
  1. Listed by Jim Pyle • Brokerage DRE #1035802 • ADVANTAGE REALTY 1
    P: (863)-297-7833 C: (863)-297-7833 jimpylelaw@yahoo.com
  2. Listed by Gregory Karlson • Brokerage DRE #1035802 • ADVANTAGE REALTY 1
    P: (863)-381-4932 C: (863)-381-4932 gregadvantagerealty@gmail.com

Property Details for 742 North Lake Reedy Boulevard

Township
31
View
Water
Waterfront
No
Water View
Lake
LISTING UPDATED: 10/16/2025 07:59 AM

Property Details for 742 North Lake Reedy Boulevard

StatusActive
MLS #L4956596
Days on Market74
Taxes$2,097 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size17.10 AC
CountyPolk County

Location

Listing Courtesy of ADVANTAGE REALTY 1, Jim Pyle; ADVANTAGE REALTY 1, Gregory Karlson
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Building Information for 742 North Lake Reedy Boulevard

Lot Size17.10 AC

Payment Calculator

$3,386 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,211

Property Taxes

$175

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 742 North Lake Reedy Boulevard

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From US 27, proceed east on CR 630 into the town of Frostproof and cross N Scenic Highway. At 4.1 miles you can bear to the right on N Lake Reedy Blvd (subject property will be to your left at 4.2 miles) or remain on CR 630 (subject property will be on your right at 4.2 miles). Subject property is bordered to the south by N Lake Reedy Blvd, to the north by CR 630, and to the east by Mullinsville Rd.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street, County Road, Highway, Main Throrughfare
  • Street Number: 742
  • Street Direction Prefix: N
  • Street Name: LAKE REEDY
  • Street Suffix: BOULEVARD
  • State: FL
  • City: FROSTPROOF
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • Tax Book Number: P-81
  • Tax Legal Description: THAT PART OF SE1/4 OF NE1/4 LYING N OF LAKE REEDY BLVD & S OF SR 630 LESS MAINT R/W & LESS THAT PT LYING WITHIN THE FOLL DESC: COMM INT OF W LN OF SE1/4 OF NE1/4 OF SEC & R/W LN OF SR 630 RUN N59-40-53E 376.80 FT TO POB N59-40-53E 830 FT NELY ALONG C URVE 255.82 FT S00-12-17E 90.18 FT S02-38- 43E 100.08 FT S00-55-39E 100.01 FT S00-21-17E 36.37 FT SWLY ALONG CURVE 96.30 FT S59-40-53W 830 FT N30-19-07W 300 FT TO POB
  • Tax Year: 2024
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Property
Lot Information
  • Additional Parcels Description: 28-31-28-000000-01214
  • Additional Parcels: Yes
  • Current Use: Unimproved
  • Lot Size Dimensions: 1457 x 874 x 1275 x 262
  • Parcel Number: 283128000000012120
  • Total Acreage: 10 to less than 20
  • Water Access: No
  • Water Extras: No
  • Zoning: AG
  • Lot Dimensions: 1457 x 874 x 1275 x 262
Property and Assessments
  • Flood Zone Code: X, AE
  • Number Of Lots: 2
  • Public Survey Range: 28
  • Public Survey Section: 28
Utilities
  • Sewer: None
  • Utilities: Electricity Available, Water Available
  • Water Source: See Remarks
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: Yes

Property History for 742 North Lake Reedy Boulevard

DateEvent & SourcePriceAppreciation
Oct 14, 2025

Listed (Active)

MFRMLS #L4956596

$649,800—
Aug 27, 2025

Withdrawn

MFRMLS #L4948379

$475,000—
May 2, 2025

Expired

GFLR #F10471628

—
May 1, 2025

Listed (Active)

GFLR #F10471628

—
Apr 10, 2025

Listed (Active)

MFRMLS #L4948379

—
Feb 19, 2025

Expired

GFLR #F10471628

—
Dec 19, 2024

Pending

GFLR #F10471628

—
Dec 19, 2024

Pending

MFRMLS #L4948379

—
Nov 14, 2024

Listed (Active)

GFLR #F10471628

$475,000—
Oct 23, 2024

Listed (Active)

MFRMLS #L4948379

$475,000—
Sep 30, 2023

Expired

MFRMLS #K4901987

$595,000—
Dec 15, 2022

Listed (Active)

MFRMLS #K4901987

$595,000—
Jan 27, 2021

Sold (Public Record)

Public Record #689251648

$215,000—
DateEvent & SourcePrice
10/14/2025

Listed (Active)

MFRMLS #L4956596

$649,800
08/27/2025

Withdrawn

MFRMLS #L4948379

$475,000
05/02/2025

Expired

GFLR #F10471628

—
05/01/2025

Listed (Active)

GFLR #F10471628

—
04/10/2025

Listed (Active)

MFRMLS #L4948379

—
02/19/2025

Expired

GFLR #F10471628

—
12/19/2024

Pending

GFLR #F10471628

—
12/19/2024

Pending

MFRMLS #L4948379

—
11/14/2024

Listed (Active)

GFLR #F10471628

$475,000
10/23/2024

Listed (Active)

MFRMLS #L4948379

$475,000
09/30/2023

Expired

MFRMLS #K4901987

$595,000
12/15/2022

Listed (Active)

MFRMLS #K4901987

$595,000
01/27/2021

Sold (Public Record)

Public Record #689251648

$215,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 742 North Lake Reedy Boulevard

Taxable ValueLand$112,286Additions-Total$112,286
Tax Record2024$2,097 ($175 / month)
Home Facts
Lot Size449,147 SqFtStyleCommercialCountyPOLKAPN283128000000012120

Schools near 742 North Lake Reedy Boulevard

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Ben Hill Griffin Jr Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

Frostproof Middle/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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742 North Lake Reedy Boulevard is a 17.1 ac of land for sale in Frostproof, FL 33843. This property was listed for sale on October 14, 2025 by ADVANTAGE REALTY 1, it's currently listed at $649,800. It has been on the market for a total of 74 days and was last sold on January 27, 2021. This listing's school district is Polk. Nearby schools include Ben Hill Griffin Jr Elementary School, Bartow Elementary Academy and Union Academy. 742 North Lake Reedy Boulevard is a 0-bed, 0-bath, 17.1 ac of land on a 744,876 sq. ft. / 17.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ADVANTAGE REALTY 1, Jim Pyle; ADVANTAGE REALTY 1, Gregory Karlson

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/16/2025 07:59 AM