1346 Highway 27

Lake Placid, FL 33852

$3,250,000
Price
Beds
7,874 Sq. Ft.
$413 / Sq. Ft.
7,874
Sq. Ft.
$413
per Sq. Ft.

Description

Over 10 acres of prime US Highway 27 frontage. Three existing buildings w/ total of 7874 sq ft, built as model homes for neighboring gated community, previously used as medical offices and maintained in good, clean condition, with 40 paved parking spaces as currently configured. Advent Health hospital, medical offices and Health & Rehabilitation Center adjacent to the south. Upscale, gated Tomoka Heights community adjacent to the north and west. 1/5 mile highway frontage, opposite the expected Amazon...Over 10 acres of prime US Highway 27 frontage. Three existing buildings w/ total of 7874 sq ft, built as model homes for neighboring gated community, previously used as medical offices and maintained in good, clean condition, with 40 paved parking spaces as currently configured. Advent Health hospital, medical offices and Health & Rehabilitation Center adjacent to the south. Upscale, gated Tomoka Heights community adjacent to the north and west. 1/5 mile highway frontage, opposite the expected Amazon Fulfillment Center. Dedicated highway crossover with deceleration lanes in both directions. Private road south to hospital and S. Tomoka Boulevard, which is expected to be extended across US 27 to the Amazon property, complete with signalized intersection. Existing R3 zoning permits - among many other uses - medical and professional offices, single and multi-family housing, apartments, condos, hotels/motels and assisted living/nursing care. Seven additional acres zoned B3 available directly across the highway. This is Ground Zero not only for medical facilities, but for the boom expected to accompany the progress of the Amazon Fulfillment Center with its concomitant effect on surrounding property availability and value. As the Amazon facility progresses, its employees need housing and ancillary industries and businesses seek a foothold, the owner of this property will be in a most enviable position. Seize this opportunity now, before its price reflects its surroundings and its potential!
  1. Listed by Jim Pyle • ADVANTAGE REALTY 1
  2. Listed by Greg Karlson • ADVANTAGE REALTY 1

Property Details for 1346 Highway 27

Township
36S
Waterfront
No
LISTING UPDATED: 12/13/2024 01:00 AM

Property Details for 1346 Highway 27

StatusActive
MLS #L4949407
Days on Market5
Taxes$24,883 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1989
Lot Size10.07 AC / 438,649 SF
CountyHighlands County

Building Information for 1346 Highway 27

Stories1Residences-Year Built1989Lot Size10.07 AC / 438,649 SF

Property Information for 1346 Highway 27

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 7874.0
  • Building Area Units: Square Feet
  • Directions: From Sebring, proceed south on US 27 toward Lake Placid. Entrance is 800 feet south of N Tomoka Blvd, and 1100 feet north of S Tomoka Blvd and the main entrance to Advent Health Lake Placid hospital. Property can also be accessed by private road to the north from S Tomoka Blvd.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Access Road, Divided Highway, Main Throrughfare, Private Road, Turn Lanes
  • Unit Number: No
  • Street Number: 1346
  • Street Name: US 27
  • Street Suffix: HIGHWAY
  • Street Direction Suffix: N
  • State: FL
  • City: LAKE PLACID
Parking
  • Parking Features: Over 30 Spaces
Taxes and HOA Information
  • Tax Block: 15/81
  • Tax Book Number: 15-81
  • Tax Legal Description: A 10.08 ACRE TR ON SW R/W OF US HWY 27 SE OF TOMOKA HTS SEC 1 + 575 FT N OF TOMOKA BLVD SOUTH LESS A 20 X 196.75 FT STRIP IN SE COR AND A 20 X 197.4 FT STRIP ON NW SIDE OF LOT 1 TOMOKA HTS PROF PARK PB 15 PG 81 25-36-29/7-3 10.07 ACRES
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: P-25-36-29-A00-0070-0030
  • Total Acreage: 10 to less than 20
  • Total Num Buildings: 3
  • Water Access: No
  • Water Extras: No
  • Zoning: R3
  • Living Area: 7874
Property and Assessments
  • Year Built Numeric: 1989
  • Adjoining Property: Commercial, Professional Office, Residential
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 29E
  • Public Survey Section: 25
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Foundation Details: Other
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Cooling: Central Air
  • Living Area Units: Square Feet
  • Water View: No

Property History for 1346 Highway 27

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1346 Highway 27

Taxable ValueLand$755,250Additions$793,376Total$1,548,626
Tax Record2023$24,883 ($2,074 / month)
Home Facts
Total Finished SqFt2,777 SqFtAbove Grade Finished SqFt2,777 SqFtStories1Lot Size438,649 SqFtStyleMedical BuildingsYear Built1989ZoningR3CountyHIGHLANDSAPNP-25-36-29-A00-0070-0030Fireplace TypeHas Fireplace

Schools near 1346 Highway 27

This home is within Highlands.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 9
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Lake Placid Elementary School
PublicPK to 5

Lake Placid Middle School
Public6 to 9

Lake Placid High School
Public9 to 12

The Academy At Youth Care Lane
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1346 Highway 27 is a mixed use property for sale in Lake Placid, FL 33852. This property was listed for sale on December 11, 2024 by ADVANTAGE REALTY 1, it's currently listed at $3,250,000. It has been on the market for a total of 5 days and was last sold on July 19, 2021. This listing's school district is Highlands. Nearby schools include Lake Placid Elementary School, Lake Placid Middle School and Lake Placid High School. 1346 Highway 27 is a 0-bed, 0-bath, 7,874 sqft mixed use property built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ADVANTAGE REALTY 1

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.