1346 US 27 HIGHWAY N Lake Placid, FL $ 3,750,000
1346 US 27 HIGHWAY N
$ 3,750,000
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1346 US 27 HIGHWAY N

Lake Placid, FL, 33852
$ 3,750,000
Bedrooms-- Baths-- Sq 7,874

Monthly Estimate*

$ 23,089

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Commercial Property for sale in Lake Placid, FL

for $3,750,000. This 7,874 square foot building was built in 1989 on a lot size of 10.08.

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 new Amazon facility. 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 with or without restaurants, and assisted living/nursing care. This is Ground Zero not only for medical facilities, but for the boom expected to accompany the progress of the Amazon center, with its concomitant effect on surrounding property availability and value. As the Amazon facility evolves and 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! Southern 5 acres of this parcel also available separately.

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Commercial Active

Price

$ 3,750,000

Property Type

Commercial

Taxes

$ 24,883

Style

Mixed Use

Lot Size

10.08

Year Built

1989

Town/City

Lake Placid

County/Region

Highlands

MLS | Web ID

L4949407

Features
General
Cooling Central Air
Zoning R3
Construction Materials Other
Year Built 1989
Property Subtype Mixed Use
Tax Year 2023
Ownership Other
County Highlands
New Construction false
Property Type Commercial Sale
Status Active
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.
City LAKE PLACID
MLS Area 33852 - Lake Placid
Lot Size Units Acres
Lot Size Square Feet 439085
Listing Terms Cash Conventional
Tax Annual Amount 24883.12
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4949407
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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Exterior
Parking Features Over 30 Spaces
Lot Size Area 10.08
Foundation Details Other
Number of Buildings 3
Building Area Total 7874
Lot Size Acres 10.08
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Access Road Divided Highway Main Throrughfare Private Road Turn Lanes
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* Excluded Features
List By
Advantage Realty 1

Broker

jimpylelaw@yahoo.com

Email

Affordability Calculator

$25,163
Per Month
92%
8%
0%
Monthly Principal & Interest
$23,089
Monthly Property Taxes
$2,074
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$3,750,000 -20.21% Price Down
12/19/2025$4,700,000 Listed Price

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1346 US 27 HIGHWAY N, Lake Placid, FL, 33852 is a Commercial Property for sale at $3,750,000 with 7,874 sqft and a lot size of 10.08. 1346 US 27 HIGHWAY N was built in 1989. The property's zip code is 33852 which is in Lake Placid, FL