95 Lake Ridge DrLake Placid, FL 33852

Property Details for 95 Lake Ridge Dr

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 61,420 square foot lot presents a unique investment opportunity in Lake Placid, Florida. Located at 95 Lake Ridge Drive, this expansive property offers both commercial and residential potential. The oversized corner lot boasts significant frontage on US 27 (188 feet) and Lake Ridge Drive (350 feet), providing excellent visibility and accessibility. Its location within the desirable Lake-Ridge subdivision places it within walking distance of Lake Grassy, enhancing its appeal. The lot is bordered by a naturally preserved parcel, ensuring a peaceful setting. The existing paved roadway and ample space make it ideal for immediate development. Furthermore, this property offers the flexibility of subdivision, with the seller willing to divide the land into up to four buildable lots, catering to various development needs. Lake Placid itself is a charming town, centrally located in Florida, known for its numerous lakes, vibrant downtown area, and outdoor attractions. This property's prime location and versatile zoning make it an attractive proposition for both residential and commercial ventures. Don't miss this chance to acquire a substantial piece of land in a thriving Florida community. The asking price is $85,900. Zip code: 33852.

Location Insight

City

Lake Placid

County

Highlands

State

Florida

Latitude

27.2598

Longitude

-81.3433

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