2200 Us 27 Highway S Lake Placid, FL 33852
COMMERCIAL - Lake Placid, FL
Property Features for 2200 Us 27 Highway S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B3
- Standard status
- Active
- APN
- C-28-37-30-A00-0094-0000
- Size
- 1,648 SF
- Lot size
- 0.90 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- AN IRREG TR IN NW 1/4 OF NW 1/4 W OF HWY BEING S 150 FT OF N 553 FT AS MEAS ALONG HWY R/W 28-37-30/9.4 .43 ACRES
- Tax Annual Amount
- 2645
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1983
Listing agent Jim Pyle (863) 297-7833
Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL (863) 386-0303
Listing date Mar 12, 2025
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Investment Insights
Based on property information with market context.
The site sits on the lakefront and includes approximately 370 feet of US Hwy 27 frontage, which can function as a display area for sales. A highway crossover is directly in front of shared access points, providing convenient access from both directions, while the lakefront measures approximately 325 feet for lake activities.
Zoned B3, the property totals approximately 0.9 acres and includes lakefront amenities suitable for activities such as paddleboarding and jet-ski rentals. The configuration supports use for a small business while allowing for on-site living within the cabin setting.
Key Highlights
- Subject to a 3‑year lease with a long‑term tenant currently producing reliable income
- Lakefront property with highway frontage, zoned B3
- Approx. 9/10 acre with 370+ ft of US Hwy 27 frontage for display area and 325+ ft lakefront
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.7k | $17.40 |
| − Vacancy | −$6.3k | −$3.83 |
| EGI | $22.4k | $13.57 |
| − OpEx | −$5.6k | −$3.39 |
| NOI | $16.8k | $10.18 |
