For Sale
$3,999,900

705 Us Hwy Lake Placid, FL 33852

16.59 Acres, US Hwy 27 Frontage

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 16.59-acre commercial land parcel presents a unique investment opportunity in the thriving town of Lake Placid, Florida. Boasting 613 feet of frontage along US Highway 27, this property offers unparalleled visibility and accessibility. The strategic location places it within minutes of Lake Placid's amenities and services. The property is conveniently served by Central City water and sewer, simplifying development plans. Zoned C1/R2, the land allows for versatile commercial or residential development. The front half, encompassing the US Highway 27 frontage, is ideal for commercial ventures, including franchise establishments, benefiting from a convenient medium turn for easy access. The remaining approximately 8+ acres, zoned for multi-family use, are perfect for townhome development, offering stunning views of Lake Clay. This combination of commercial and residential zoning potential makes this property a highly attractive investment, offering diverse development options and significant future growth potential. The APN is P-31-36-30-A00-0210-0000. The asking price is $3,999,900.

Highlights

  • $3,999,900 asking price.
  • 16.59-acre commercial land parcel.
  • C1 and R2 zoning permits commercial and residential development.
  • 613 feet of US Highway 27 frontage.
  • Access to central city water and sewer.
  • Located minutes from Lake Placid town center.

Property Details for 705 Us Hwy

Property type
Land
Lot Size (sq. ft)
722,660 SF

Location Insight

City
Lake Placid
County
Highlands
State
Florida
Latitude
27.308202015864
Longitude
-81.358568869578

FAQs

What type of property is this?
Land - 16.59 Acres, US Hwy 27 Frontage
Where is the land located?
The property is located at 705 Us Hwy Lake Placid, FL.
What is the asking price?
The asking price for this property is $3,999,900.
What are key features of this property?
This property features: $3,999,900 asking price.; 16.59-acre commercial land parcel.; C1 and R2 zoning permits commercial and residential development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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705 Us Hwy
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