12.89 Acres in Frostproof, FL - $690,000

Lake Reedy Estates

Lake Reedy Estates is a 13-acre producing citrus grove with 100% uplands. The property has excellent elevation, which grants beautiful views of the lake and mature oaks that line the water. This property is perfect for developing large, high-end waterfront lots and the property has the potential to be approved for up to 25 units with annexation and approvals. With over 700 FT of water frontage on Lake Reedy, this piece has excellent development opportunities, featuring plenty of road and water frontage. The town of Frostproof would welcome annexation into the city limits, granting the owner the ability for much higher density.