Rare lakefront development opportunity located in the Winter Haven Downtown CRA District. This 2.46-acre property offers beautiful views of Lake May and access to the Winter Haven Chain of Lakes. Current DOR use code (0852) permits duplexes, triplexes, and quadplexes — up to 9 units — in Polk City, Auburndale, Lake Alfred, and Winter Haven. The property includes a 1,208 sq ft concrete block structure built in 1955. While the building remains, the true value is in the land and its excellent location near downtown Winter Haven. Potential uses include multi-family development, office/professional, or light industrial projects (subject to approvals). Conveniently located close to shopping, dining, parks, and major roadways. A rare chance to build or invest in one of Central Florida’s fastest-growing areas.