Entitled Highway Commercial Land
For Sale
$499,900
123 US 27 N, Lake Placid, FL 33852
C-1 zoned parcel with previously approved plans and DEP-permitted wastewater infrastructure for an easy path to build.
Property Size3,200 SF
Price / SF$156.22
Days on Market78
Property Features for 123 US 27 N
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Land
Zoning
C-1
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,321
Listing Agency:
ADVANTAGE REALTY #1
(863) 381-4932
Listed By:
Gregory Karlson · License #3229372
(863) 381-4932
Source:
Elliman
Added: Jun 15
Changed: Aug 25
Last Checked: Aug 30 at 3:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADVANTAGE REALTY #1
Investment Insights
Based on property information with market context.
This C-1 zoned commercial land parcel is positioned for straightforward development, with previously approved plans for a +/-3,200 SF restaurant/retail building. Development progress includes survey, utility planning, and sewer engineering already completed, along with a Florida DEP permit issued for wastewater collection and transmission system improvements. The permitted scope includes lift station and force main infrastructure intended to support the next phase toward construction.
Located on US Highway 27 N in Lake Placid, the property sits within a high-visibility retail corridor. The surrounding area is described as containing established national franchises and major traffic drivers including Dunkin’, T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef ‘O’ Brady’s, Anytime Fitness, and the upcoming Culver’s development.
For operators and developers evaluating time-to-permit and build readiness, the combination of an approved site/build concept and DEP-permitted wastewater improvements can reduce upfront work typically required before construction. The configuration and zoning support a range of retail and service-oriented concepts consistent with the provided restaurant/retail plan.
Located on US Highway 27 N in Lake Placid, the property sits within a high-visibility retail corridor. The surrounding area is described as containing established national franchises and major traffic drivers including Dunkin’, T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef ‘O’ Brady’s, Anytime Fitness, and the upcoming Culver’s development.
For operators and developers evaluating time-to-permit and build readiness, the combination of an approved site/build concept and DEP-permitted wastewater improvements can reduce upfront work typically required before construction. The configuration and zoning support a range of retail and service-oriented concepts consistent with the provided restaurant/retail plan.
Key Highlights
- US Hwy 27 commercial parcel in Lake Placid with C‑1 zoning
- Previously approved plans for a ±3,200 SF restaurant/retail building
- Survey, utility planning, and sewer engineering already in place
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C-1 zoned parcel with previously approved plans and DEP-permitted wastewater infrastructure for an easy path to build.
Where is this commercial land located?
The property is located at 123 US 27 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: US Hwy 27 commercial parcel in Lake Placid with C‑1 zoning; Previously approved plans for a ±3,200 SF restaurant/retail building; Survey, utility planning, and sewer engineering already in place
