2105 S Us 27 Hwy S Lake Placid, FL 33852
6.05-acre Lake Grassy property with existing units and expansion plans.
Building Details
- Year built
- 2008
Source:
Elliman
Listing Agent: Lazaro Martinez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waterfront Property with Development Potential
This 6.05-acre waterfront property is located on Lake Grassy and has frontage on Highway 27. It features a 9-unit complex constructed in 2008, consisting of five single-story units with 2 beds and 2 baths each, and four two-story units with 3 beds and 2.5 baths each. The property includes fully paved roads, utilities, and a wastewater permit valid through 2029, making it a shovel-ready project. Approved plans are available for 42 additional units, each with 3 beds and 2.5 baths and approximately 1,565 square feet. These plans can be adapted. The property also includes space for a community pool. The existing income-producing units, highway visibility, and water access make this an opportunity for developers or investors.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.4012
- Latitude
- 27.265
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FAQs
What type of property is this?
Apartment building - 6.05-acre Lake Grassy property with existing units and expansion plans.
Where is this apartment building located?
The property is located at 2105 S Us 27 Hwy S Lake Placid, FL.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: - Shovel-ready 6.05-acre waterfront property with existing income-producing 9-unit complex.; - Approved plans for 42 additional units, adaptable to buyer's vision.; - Lake Grassy waterfront location with frontage on Highway 27.