TotalCommercial.com
Vacant Land

Downtown Office / Multifamily Development

321 W. Peachtree Street, Lakeland, Florida 33815

Sold: $275,000
Updated Sep 30, 2026
Categories Multi-Family Office Medical Mixed Use

About this property

This waterfront office & multifamily development property is located in Downtown Lakeland, growing area of Polk County FL. Central access to Polk Parkway and Interstate 4. The property has two land use, O-1 (Office) and MF-22 (Multifamily) which could be modified upon project, located in Lakeland city and CRA limits, near the new massive community development coming in 2020.

The 3 multifamily parcels have a density of 22 units per acres with a max height of 40 ft. The office parcel could be used as parking for a multifamily project, city would like to see high density residential project, other use may include assisted living center, duplex, triplex, quadruplex, 4± stories apartments, town homes. Commercial/Office project is possible upon approval however future land use is currently Residential High for all parcels.

Property is located within walking distance from the vibrant and strong workforce Downtown Lakeland including restaurant, services, religious and medical within distance. Noticeable point of interest nearby includes the new RF Funding Center (events, concert, sports, conference) and a strong employment based with Publix distribution center, corporate and food processing factories.

The seller is open to creative opportunities including but not limited to long term land lease / build to suit and joint venture with experienced developers. Full demographics and reports available on demand including rent comparables and more available upon request. Visit our website for more information.

This waterfront north Lake Wire property is located in the heart of Lakeland FL in Polk County. Near all major highway include I-4, Florida Avenue, US 92 and US 98. Within walking distance of Downtown Lakeland including schools, restaurants and services.

Property details

Property Type
Land
Building Type
Freestanding
Land Size
0.59 acres
Sewer
Yes
Water
Yes
Zoning
MF-22
Electric
Yes

Documents 1 file

Sale-Brochure---Downtown-Development.pdf 6.5 MB

Last updated: Sep 30, 2026

Location

Address
321 W. Peachtree Street
Lakeland, Florida 33815
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.