1349 US 27, Lake Placid, FL 33852

Listing Snapshot

Price

$799,900

Days on Site

413 Days

Bedrooms

0

Total Baths

0

Lot Size

7 Acres

Property Type

Land

MLS #

F10456340

Property Tax

$20 (2023)

County

Highlands

Status

Sold

About This Property

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.

General Features

Property Type

Land

Status

Sold

Lot Size (Acres)

7

Water Source

Other

Zoning

B3

Exterior Features

Lot Features

Item510 Acres / City Lot

Community & HOA

Utilities

Sewer Not Available

Financing Terms

Assumable

MLS Area

5940 - Other Florida County