705 Us HwyLake Placid, FL 33852
- Land
- 16.59 AC
Property Details for 705 Us Hwy
- Lot size
- 16.59 AC
- Property type
- Land
Description
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.
Location Insight
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Latitude
- 27.3082
- Longitude
- -81.3586
Comparable in this City
Similar Nearby for Sale
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