Commercial Land with US 27
For Sale
$4,999,900
705 Us 27 Highway N, Lake Placid, FL 33852
Land, Lake Placid, FL
Property SizeContact for details
Lot Size16.59 Acres
Days on Market794
Property Features for 705 Us 27 Highway N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1,R2
Lot features
Grove, Pasture/ Ranch, Tracts, Wooded Mixed, Grove, Pasture/ Ranch, Tracts, Wooded Mixed
Elementary school
Lake Placid Elementary
Middle school
Lake Placid Middle
High school
Lake Placid High
Directions
US 27 & Main Street Lake Placid to North on US 27 to Corner of Alderman and US 27. Just before the Raceway Gas Station.
Standard status
Active
APN
P-31-36-30-A00-0210-0000
Lot size
16.59 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
AN IRREG 16.59 ACRE TR IN FRAC N 1/2 OF NE 1/4 OF SEC 31 N OF ALDERMAN ROAD 31-36-30/21 16.59 ACRES -LAKE CLAY-
Tax Annual Amount
69
Legal Description
AN IRREG 16.59 ACRE TR IN FRAC N 1/2 OF NE 1/4 OF SEC 31 N OF ALDERMAN ROAD 31-36-30/21 16.59 ACRES -LAKE CLAY-
Listing Agency:
ADVANTAGE REALTY #1
(863) 386-0303
Listed By:
Gregory Karlson · License #569759
(863) 381-4932
Added: Jun 28, 2024
Changed: Aug 19
Last Checked: Aug 30 at 9:06PM
MLS# 306314
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 is a 16.59-acre commercial land property with 613 feet of frontage along US 27. The site has access to central city water and sewer. Zoning is listed as C1/R2, with the front portion along US 27 described as zoned for commercial or residential development.
Public remarks indicate a medium turn for easy franchise development. The rear portion is described as approximately 8+ acres zoned multi-family for townhomes, with remarks referencing views toward Lake Clay when looking down the property.
The property’s configuration supports a mixed development approach consistent with the stated zoning split between the front and the multi-family portion toward the back.
Public remarks indicate a medium turn for easy franchise development. The rear portion is described as approximately 8+ acres zoned multi-family for townhomes, with remarks referencing views toward Lake Clay when looking down the property.
The property’s configuration supports a mixed development approach consistent with the stated zoning split between the front and the multi-family portion toward the back.
Key Highlights
- 16.59‑acre property with 613 ft of frontage on US 27
- Central City water and sewer access available
- Zoned C1/R2 for commercial or residential development
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
263
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 16.59-acre site with 613 feet of US 27 frontage and access to central water and sewer.
Where is this commercial land located?
The property is located at 705 Us 27 Highway N Lake Placid, FL.
What is the asking price?
The asking price for this property is $4,999,900.
What are key features of this property?
This property features: 16.59‑acre property with 613 ft of frontage on US 27; Central City water and sewer access available; Zoned C1/R2 for commercial or residential development
