1349 Highway 27

Lake Placid, FL 33852

$799,900
Price
304,920 / 7
Lot Size / Acres

Description

Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from AdventHealth Lake Placid Hospital! Full Median Turn, DOT curb cuts in place with 1120+-Front Ft on US Hwy 27 & all utilities to the adjacent ALF makes this an easy & potentially very profitable development. The many complementary uses to ALF & Hospital are: Cancer Center, Dialysis, Psychological, Hearing Aid,etc. This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf...Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from AdventHealth Lake Placid Hospital! Full Median Turn, DOT curb cuts in place with 1120+-Front Ft on US Hwy 27 & all utilities to the adjacent ALF makes this an easy & potentially very profitable development. The many complementary uses to ALF & Hospital are: Cancer Center, Dialysis, Psychological, Hearing Aid,etc. This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf of land cost to the bld(s) which is $35 below market! Don’t miss out on this exceptional opportunity. Develop to lease out for long term income, condo units & sell to the tenants after all your depreciation has been taken for even higher returns.
  1. Listed by Greg Karlson • ADVANTAGE REALTY 1

Property Details for 1349 Highway 27

Township
36S
Waterfront
No
LISTING UPDATED: 06/03/2024 01:03 PM

Property Details for 1349 Highway 27

StatusActive
MLS #L4945094
Days on Market181
Taxes$20 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size7.00 AC
CountyHighlands County

Building Information for 1349 Highway 27

Lot Size7.00 AC

Property Information for 1349 Highway 27

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Direction Faces: West
  • Directions: US 27 and Hammock Road South 13.2 miles, make a u-turn at Tomoka Blvd South, property will be on Right.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Highway
  • Street Number: 1349
  • Street Name: US 27
  • Street Direction Suffix: N
  • State: FL
  • City: LAKE PLACID
Taxes and HOA Information
  • Association: No
  • Tax Block: 14
  • Tax Book Number: 1837-1970
  • Tax Legal Description: W 885.49 FT OF E 2165.2 FT N + E OF US 27 R/W IN NE 1/4 7.0 AC
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Current Adjacent Use: Multi-Family
  • Current Use: Commercial
  • Lot Features: Buildable, Cleared, In City Limits, Irregular Lot, Street Paved
  • Lot Size Dimensions: 1121 x 885
  • Parcel Number: P-25-36-29-A00-0140-0000
  • Total Acreage: 5 to less than 10
  • Water Access: No
  • Water Extras: No
  • Zoning: B3
  • Lot Dimensions: 1121 x 885
Property and Assessments
  • Flood Zone Code: X
  • Public Survey Range: 29E
  • Public Survey Section: 25
  • Dock YN: No
Utilities
  • Sewer: None
  • Utilities: Electricity Available, Other, Sprinkler Well, Water Available
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Front Footage: 1121
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 1349 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 1349 Highway 27

Taxable ValueLand$350Additions$908Total$1,258
Tax Record2023$20 ($2 / month)
Home Facts
Total Finished SqFt2,698 SqFtAbove Grade Finished SqFt2,698 SqFtStories1Lot Size304,920 SqFtStyleOrchardsYear Built1959ZoningB3CountyHIGHLANDSAPNP-25-36-29-A00-0140-0000

Schools near 1349 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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1349 Highway 27 is a 7 ac of land for sale in Lake Placid, FL 33852. This property was listed for sale on May 29, 2024 by ADVANTAGE REALTY 1, it's currently listed at $799,900. It has been on the market for a total of 181 days and was last sold on March 24, 2005. This listing's school district is Highlands. Nearby schools include Lake Placid Elementary School, Lake Placid Middle School and Lake Placid High School. 1349 Highway 27 is a 0-bed, 0-bath, 7 ac of land on a 304,920 sq. ft. / 7 acres lot.

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.