123 US 27 N Lake Placid, FL $ 499,900
123 US 27 N
$ 499,900
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123 US 27 N

Lake Placid, FL, 33852
$ 499,900
Baths0.0

Monthly Estimate*

$ 3,078

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Studio

Lots and Land for sale in Lake Placid, FL

for $499,900. The lot size is 0.28.

Prime Highway Commercial Opportunity – Nearly Build-Ready Retail Site in the Heart of Lake Placid Position your brand in one of Lake Placid’s fastest-growing retail corridors. This high-visibility US 27 commercial site is surrounded by established national franchises and major traffic drivers including Dunkin’, T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef ‘O’ Brady’s, Anytime Fitness, and the upcoming Culver’s development — creating a powerful retail synergy and built-in customer flow. This C-1 zoned commercial parcel is uniquely positioned for franchise operators, developers, and retail users seeking a near shovel-ready opportunity with significant upfront development work already completed. The property includes previously approved plans for a ±3,200 SF restaurant/retail building, along with survey, utility planning, and sewer engineering already in place. A Florida DEP permit has already been issued for the wastewater collection/transmission system improvements, including lift station and force main infrastructure — dramatically reducing development timelines and helping accelerate the path to construction. Why Franchise Site Selectors Should Move Quickly: Prime frontage and visibility on busy US Highway 27 Co-tenancy with nationally recognized retailers and restaurants Strong demographic growth and regional draw area Utilities and sewer planning substantially advanced Existing permitted site/building plans save valuable time and costs Limited availability of franchise-ready commercial parcels in this corridor Central Highlands County location with access to Tampa, Orlando, Sarasota, and South Florida markets Whether you envision quick-service restaurant, medical, retail, specialty food, or service-oriented commercial use, this site offers a rare combination of location, momentum, and development readiness that is increasingly hard to find in today’s market. Opportunities with this level of entitlement progress and surrounding franchise momentum are becoming scarce — secure your position before the next national brand does.

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Lots and Land Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,321

Style

Lot Size

0.28

Town/City

Lake Placid

County/Region

Highlands

MLS | Web ID

L4962444

Features
General
Sewer Public Sewer
Utilities Other
Possession Close Of Escrow
Zoning C1
Tax Year 2025
Current Use Commercial
Ownership Fee Simple
County Highlands
Property Type Land
Subdivision Name EAST SIDE ADD
Status Active
Directions from Hammock Rd Head South on US Hwy 27 to Lake Placid FL Property on left next to LP Dunkin
City LAKE PLACID
MLS Area 33852 - Lake Placid
Lot Size Units Square Feet
Lot Size Square Feet 12000
Listing Terms Cash Conventional
Tax Annual Amount 1321.28
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4962444
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 10
Legal Description EAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 12000
Lot Dimensions 50 x 120
Lot Size Acres 0.28
Road Surface Type Paved
Waterfront Y/N false
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* Excluded Features
List By
Advantage Realty 1

Broker

gregadvantagerealty@gmail.com

Email

Affordability Calculator

$3,188
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$110
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
6/8/2026$499,900 Listed Price

Map


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123 US 27 N, Lake Placid, FL, 33852 is a Lots and Land for sale at $499,900 with a lot size of 0.28. 123 US 27 N is a studio with 0.0 baths. The property's zip code is 33852 which is in Lake Placid, FL