$799,900

1349 Us Highway 27 Lake Placid, FL 33852

Estimated payment $4,995/month

Total Views 501
7 Acres
$114,271 Price per Acre
304,920 Sq Ft Lot

About This Lot

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! Dont 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.

Listing Agent

Gregory Karlson

Advantage Realty #1 Listed on: 05/29/2023

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a highway
  • Corner Lot
  • Potential uses include commercial, for development

Location

  • Easements include utilities

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 863-265-1308
  • Listing Website: https://www.land.com/property/7-acres-in-highlands-county-florida/17155956/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Commercial, For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: U.S. Highway

Lot Info

  • Lot Description: Acreage, Corner
  • Easements: Utilities

Map

Range of Values:

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Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2023 05/29/23 For Sale $799,900 -- --