$399,000
1174 US 27 N
Lake Placid, FL
Explore the area: Lake Placid homes for sale · Highlands County real estate
Price Check
How this price compares
- List price
- $399,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This commercial property is listed at $399,000.
Estimated monthly payment
$2,097 /mo
Principal and interest only, based on $79,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $399,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 1,597 sqft
- Lot Size
- 0.9 Acres
- Year Built
- 1967
- Property Type
- Commercial
- MLS #
- B26087582
- Property Tax
- $5,191 (2025)
- County
- Highlands
- Status
- Active
- Special Conditions
- Standard
About This Property
1174 US Highway 27 N offers a versatile commercial opportunity in Lake Placid. Situated on approximately 0.88 acres, the property features a concrete block building, direct highway frontage and access, excellent visibility, city water, and septic. B3 zoning allows a variety of commercial uses, including retail, automotive services, contractor shops, restaurants, warehousing, and storage, subject to applicable requirements. Potential for a small medical practice is subject to verification of permitted use and occupancy requirements. Ideal for owner-users or investors seeking to establish a business, renovate, or reposition the site, with convenient access to Sebring, Avon Park, and surrounding communities.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1967
- Property Condition
- Resale
- Number of Stories
- 1
- Parking
- Accessible Parking
- Lot Size (Acres)
- 0.9
- Total Sq Ft
- 1,597
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- B3
Interior Features
- Cooling
- Other
- Heating
- Other
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Aluminum
- Lot Features
- City Lot / Oversized Lot
Community & HOA
- Security
- Other
- Utilities
- Electricity Available / Water Available
- Financing Terms
- Other
- MLS Area
- 5940 - Other Florida County
About the Area
Browse Lake Placid homes for sale across every neighborhood and price point in Highlands. Available homes span single-family, townhome, and condo segments throughout the city. Lake Placid includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Highlands, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Highlands market data, see Florida Realtors' monthly statistics. Browse the latest Lake Placid listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 281
- Under Contract
- 17
- Median List Price
- $359,500
- Median Sale Price (September)
- $235,000
- Median $/Sq Ft
- $228
- Avg Days on Market
- 158
Frequently Asked Questions
- How do I schedule a tour of 1174 US 27 N, Lake Placid, FL?
- Use the Tour button on this listing to request a showing of 1174 US 27 N, Lake Placid, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1174 US 27 N, Lake Placid, FL still available?
- 1174 US 27 N, Lake Placid, FL is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1174 US 27 N, Lake Placid, FL?
- With 20% down ($79,800) on the $399,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1174 US 27 N, Lake Placid, FL is about $2,097/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1174 US 27 N, Lake Placid, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1174 US 27 N, Lake Placid, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1174 US 27 N, Lake Placid, FL?
- Often, yes. The right offer on 1174 US 27 N, Lake Placid, FL depends on how it's priced against comparable commercial sales in Lake Placid, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Illustrated Properties
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 13, 2026.
$399,000
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Listed by Samantha Saucedo, Illustrated Properties
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