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95 Lake Ridge Dr Lake Placid, FL 33852

For Sale
$85,900

1.41-Acre Commercial/Residential Lot

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional 61,420 square foot lot presents a unique investment opportunity in Lake Placid, Florida. Located at 95 Lake Ridge Drive, this expansive property offers both commercial and residential potential. The oversized corner lot boasts significant frontage on US 27 (188 feet) and Lake Ridge Drive (350 feet), providing excellent visibility and accessibility. Its location within the desirable Lake-Ridge subdivision places it within walking distance of Lake Grassy, enhancing its appeal. The lot is bordered by a naturally preserved parcel, ensuring a peaceful setting. The existing paved roadway and ample space make it ideal for immediate development. Furthermore, this property offers the flexibility of subdivision, with the seller willing to divide the land into up to four buildable lots, catering to various development needs. Lake Placid itself is a charming town, centrally located in Florida, known for its numerous lakes, vibrant downtown area, and outdoor attractions. This property's prime location and versatile zoning make it an attractive proposition for both residential and commercial ventures. Don't miss this chance to acquire a substantial piece of land in a thriving Florida community. The asking price is $85,900. Zip code: 33852.

Property Features for 95 Lake Ridge Dr

General Information

Property type
Land

HighLights

  • $85,900 asking price.
  • 1.41‑acre commercial and residential land parcel.
  • 61,420 square foot lot size.
  • Located at 95 Lake Ridge Drive, Lake Placid, FL 33852.
  • Potential for subdivision into four buildable lots.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Department Store Food Market Storage Facility Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lake Placid
County
Highlands
State
Florida
Longitude
-81.343284
Latitude
27.259824

FAQs

What type of property is this?
Land - 1.41-Acre Commercial/Residential Lot
Where is this land located?
The property is located at 95 Lake Ridge Dr Lake Placid, FL.
What is the asking price?
The asking price for this property is $85,900.
What are key features of this property?
This property features: $85,900 asking price.; 1.41-acre commercial and residential land parcel.; 61,420 square foot lot size.
More about this property
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