Stunning Downtown Lakefront Commercial Lot

187 Lake Morton Drive, Lakeland, FL 33801

Property Information

  • For Sale $1,299,000
  • Property Type VacantLand
  • Units 1
  • Lot Size 0.56 Acre
  • Year Built 1938
  • Date Updated Jun 6, 2026

Description

Property is location on the west side of Lake Morton Drive.We are pleased to present this truly exceptional commercial lot, one of the last of its kind, situated directly on Lake Morton in vibrant downtown Lakeland. This property has 105 feet of frontage on the lake and is zoned O-1 (City of Lakeland), positioning it as prime real estate for new development. The O-1 classification allows for a variety of uses, including professional office, personal service establishments, and parking. With precedent established in the immediate area, the potential for rezoning to multifamily use makes this an even more versatile and highly desirable investment. The lot is within easy walking distance of downtown Lakeland's core, the charming Dixieland neighborhood, both with their wide array of restaurants and retail, and also the scenic Lake Hollingsworth. Don't miss this rare opportunity to develop on a premier lakefront commercial site. *The iconic Wilsonian Building and the adjoining duplex to the west are also for sale, please refer to the "Additional Properties" page. Contact listing agents for more information.

Highlights

  • .56 AC commercial lakefront lot in downtown Lakeland
  • 105 feet of frontage along Lake Morton Drive

Contacts

Craig Morby

Saunders Real Estate

Location

Located at 187 Lake Morton Drive, Lakeland, FL 33801, this property is part of the South Lake Morton neighborhood and Tampa St Petersburg Clearwater market.

Contact Listing Broker
Craig Morby

Saunders Real Estate

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