$4,700,000
1346 Us 27 Highway N Lake Placid, FL 33852
For Sale MLS# L4949407
7,874 sq ft Commercial
Details for 1346 Us 27 Highway N
MLS# L4949407
Description for 1346 Us 27 Highway N, Lake Placid, FL, 33852
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 expected Amazon Fulfillment Center. 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 and assisted living/nursing care. Seven additional acres zoned B3 available directly across the highway. This is Ground Zero not only for medical facilities, but for the boom expected to accompany the progress of the Amazon Fulfillment Center with its concomitant effect on surrounding property availability and value. As the Amazon facility progresses, 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!
Listing Information
Property Type: Commercial, Mixed Use
Status: Active
Lot Size: 10.07 Acres
Square Feet: 7,874 sq ft
Year Built: 1989
Stories: 1 Story
Construction: Other
Foundation: Other
County: Highlands
Utilities
Cooling: Central Air
Exterior / Lot Features
Parking Description: Parking Space(s)
Driving 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.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: P-25-36-29-A00-0070-0030
Tax Amount: 24883.12
Tax Year: 2023
A broker reciprocity listing courtesy: ADVANTAGE REALTY 1
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1346 Us 27 Highway N
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1346 Us 27 Highway N
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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