80+ Acres for Sale in South Lakeland Prime development opportunity in one of Lakeland’s fastest-growing areas. This 80+ acre parcel is ideal for residential development and presents a strong opportunity for builders and investors looking to expand in the Lakeland market A 4 bedroom, 4 bath home with 4,569 sq/ft of living space included on the property. Property highlights include: Potential density of up to 4 homes per acre Water, sewer, and electric available to the property Excellent access from a four-lane roadway with median break for convenient entry and exit Located near shopping, schools, parks, and other everyday amenities Nearby Publix shopping center Convenient South Lakeland location with continued residential growth and demand Don’t miss this exceptional land opportunity in a high-demand area of Polk County.
Lot/land
$9,500,000
2523 Shepherd Rd, Lakeland, FL 33811
--beds
0baths
80.77Acres
Unimproved Land
Built in ----
80.77 Acres Lot
$1,809,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 41 days |
- 303 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Edward Dimotta PA 863-287-7272,
LPT REALTY, LLC 877-366-2213
Source: Stellar MLS,MLS#: TB8507498
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 80.77 Acres
Details
- Additional parcels included: 23-29-22-000000-023020
- Parcel number: 232922000000023010
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Public, Sewer Available, Water Available
Community & HOA
Community
- Pet fee: $0 monthly
HOA
- Has HOA: No
Location
- Region: Lakeland
Financial & listing details
- Tax assessed value: $1,318,835
- Annual tax amount: $14,622
- Date on market: 5/12/2026
- Cumulative days on market: 41 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$1,809,000
$1.34M - $2.33M
$4,660/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $9,500,000-5% |
Source: | ||
| 4/25/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/24/2022 | Price change | $9,995,000+11.7% |
Source: Owner Report a problem | ||
| 1/20/2022 | Listed for sale | $8,950,000+984.5% |
Source: Owner Report a problem | ||
| 10/19/2018 | Sold | $825,300-3.1% |
Source: Public Record Report a problem | ||
| 8/24/2017 | Sold | $852,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,883 -3.3% | $1,073,793 -3.2% |
| 2024 | $14,350 -1% | $1,108,748 +0.4% |
| 2023 | $14,491 +11.4% | $1,104,642 +18.7% |
| 2022 | $13,014 +9.8% | $930,305 +10.1% |
| 2021 | $11,851 -8.8% | $845,306 -9.1% |
| 2020 | $12,988 +3% | $929,468 +6.1% |
| 2019 | $12,610 -3.1% | $875,997 -6.3% |
| 2018 | $13,013 -7.1% | $935,202 -16.1% |
| 2017 | $14,011 -13.1% | $1,114,734 +2.2% |
| 2016 | $16,130 +0.6% | $1,091,084 +4% |
| 2015 | $16,037 +11.3% | $1,049,128 +10% |
| 2014 | $14,409 +7% | $953,753 +10% |
| 2013 | $13,464 +7.7% | $867,048 +2% |
| 2012 | $12,495 +1.9% | $850,043 +3% |
| 2011 | $12,257 -0.5% | $825,284 +1.5% |
| 2010 | $12,324 -3.2% | $813,088 +2.7% |
| 2009 | $12,727 +7.4% | $791,712 +0.1% |
| 2008 | $11,850 | $790,921 |
| 2007 | -- | -- |
| 2006 | $12,788 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | $11,229 | $698,960 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Medulla
Nearby schools
GreatSchools rating
- 5/10James W. Sikes Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Mulberry Middle SchoolGrades: 6-8Distance: 3.9 mi
- 3/10Mulberry Senior High SchoolGrades: 9-12Distance: 3.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Polk County
- Lakeland
- 33811
- Medulla
- 2523 Shepherd Rd







