2105 S US 27 Highway S Lake Placid, FL $ 2,999,000
2105 S US 27 Highway S
$ 2,999,000
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2105 S US 27 Highway S

Lake Placid, FL, 33852
$ 2,999,000
Bedrooms2 Baths2.0 Sq 1,540

Monthly Estimate*

$ 18,710

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Multi-Family Home for sale in Lake Placid, FL

for $2,999,000 with 2 bedrooms and 2 full baths. This 1,540 square foot home was built in 2008.

6.05-acre waterfront property on Lake Grassy with frontage on Highway 27. Includes a 9-unit complex built in 2008: five single-story (2 beds, 2 baths) and four two-story units (3 beds, 2.5 baths). Fully paved roads, utilities, and a valid wastewater permit through 2029 make this a shovel-ready project. Approved plans for 42 additional 3-bed, 2.5-bath units (approx. 1,565 sq. ft.) can be adapted to suit your vision. Also features space for a community pool. Existing income-producing units, highway visibility, and water access make it an ideal turnkey opportunity for developers or investors

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Multi-Family Active

Price

$ 2,999,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 25,876

Style

Year Built

2008

Town/City

Lake Placid

County/Region

Highlands

MLS | Web ID

A11850925

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Barrel
Pool Features None
Construction Materials Block
Year Built 2008
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2024
Waterfront Features Canal Front Lake Front
County Highlands
Net Operating Income 126977
Operating Expense 16178
Property Type Residential Income
Subdivision Name US 27 COUNTY RD 17 TO SR 7
Rent Includes Gardener Trash Collection
Full Baths 2
Status Active
Directions FROM HWY 27 S TO LEFT ON STEPHENS DR TO LEFT ON CORONADO CT PROPERTY IS ON THE LEFT
City Lake Placid
Zoning Description R3FUD
Number Of Units Total 1
MLS Area 5940 Florida Other
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Effective Year Built
Tax Annual Amount 25876
MLS Area Minor Other Geographic Area (Out Of Area Only)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11850925
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description AN IRREG 4.197 ACRE TRACT BEING 182 FT ALONG NELY R/W OF US 27 IN SE 1/4 OF SEC 20 + SW 1/4 OF SEC 21 20-37-30/6 4.197 ACRES
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Metal Single Hung
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features 5-10 Acres Sprinkler System
Water Source Public
Total Parking 51
Building Area Total 1680
Frontage Length 1000
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Hammock Realty

Broker

Laz@hammockrealty.com

Email

Affordability Calculator

$20,866
Per Month
90%
10%
0%
Monthly Principal & Interest
$18,710
Monthly Property Taxes
$2,156
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
10/22/2025$2,999,000 Listed Price

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2105 S US 27 Highway S, Lake Placid, FL, 33852 is a Multi-Family Home for sale at $2,999,000 with 1,540 sqft. 2105 S US 27 Highway S has 2 bedrooms, 2.0 baths, and was built in 2008. The property's zip code is 33852 which is in Lake Placid, FL