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    2189 Us 27 S Lake Placid, FL 33852

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    For Sale
    $249,900

    1.7-acre commercial land with highway frontage near established businesses.

    Lot size:
    1.70 Acres

    Property Features for 2189 Us 27 S

    General Information

    Lot size
    1.70 Acres

    Source: ADVANTAGE REALTY 1 Agent Gregory Karlson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Land For Sale

    This 1.7-acre commercial land parcel features approximately 220 feet of highway frontage and is zoned R3. The property is situated adjacent to a Ramada Inn and a new Family Dollar store, both of which have full median turns. The intersection by the Family Dollar also serves as the main entrance to the Sun N' Lake Waterfront Community, presenting potential for a future traffic light. The location may be suitable for businesses benefiting from proximity to the hotel and retail corner, such as a spa. The site also offers a view of Lake Buck across US 27.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Auto Repair Shop Hotel & Motel Food Market HVAC Service Barber Shop Wine and Liquor Store Bed & Breakfast Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.3303276
    Latitude
    27.2360205

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    FAQs

    What type of property is this?
    Land - 1.7-acre commercial land with highway frontage near established businesses.
    Where is this land located?
    The property is located at 2189 Us 27 S Lake Placid, FL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - 1.7+- acre lot with **220+-Ft Highway Frontage on US 27**; - Zoned R3, suitable for various development opportunities; - Located between Ramada Inn and New Family Dollar Store
    (863) 381-4932
    Request Owner's contact information
    2189 Us 27 S Lake Placid, FL 33852
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2189 Us 27 S Lake Placid, FL 33852
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