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C1 Commercial Land with Approved Plans
For Sale
$499,900

123 Us 27 Highway N, Lake Placid, FL 33852

Land, Lake Placid, FL

Property Size3,200 SF
Lot Size0.26 Acres
Price / SF$156.22
Days on Market113

Property Features for 123 Us 27 Highway N

General Information

Property type Commercial Sale
Property subtype Other
Zoning C1
Directions from Hammock Rd, Head South on US Hwy 27 to Lake Placid, FL, Property on left next to LP Dunkin
Standard status Active
APN P-31-36-30-040-0000-0100
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description EAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11
Tax Annual Amount 1321
Legal Description EAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11

Utilities

Sewer type Public Sewer
Listing Agency: ADVANTAGE REALTY #1
Listed By: Gregory Karlson · License #3229372
Added: May 13 Changed: Aug 19 Last Checked: Sep 2 at 8:06AM
MLS# 325306

Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.26-acre commercial land parcel is positioned along US 27 in Lake Placid and carries C1 zoning. Previously approved plans are available for an approximately 3,200 SF restaurant and retail building. Supporting work includes a survey, utility planning, and sewer engineering, giving the site a substantial body of completed development documentation.

A Florida DEP permit covers wastewater collection and transmission system improvements, including a lift station and force main. Public sewer is identified for the property. The surrounding commercial area includes Dunkin', T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef 'O' Brady's, and Anytime Fitness, with a Culver's development described as upcoming. The property is located in Highlands County, Florida.

Key Highlights

  • 0.26‑acre C1 commercial parcel along US 27 in Lake Placid
  • Previously approved plans for a +/-3,200 SF restaurant/retail building
  • Florida DEP permit issued for wastewater collection/transmission improvements

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 33852, FL

21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - C1-zoned parcel with advanced sewer planning and previously approved restaurant and retail building plans.
Where is this commercial land located?
The property is located at 123 Us 27 Highway N Lake Placid, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 0.26‑acre C1 commercial parcel along US 27 in Lake Placid; Previously approved plans for a +/-3,200 SF restaurant/retail building; Florida DEP permit issued for wastewater collection/transmission improvements
More about this property
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