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    708 Us-27 Lake Placid, FL 33852

    Sponsored
    For Lease
    $10 SF/Yr ($3,875 /Mo)

    High-traffic US-27 location, flexible office space.

    Lot size:
    4,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-tenant property at 708-710 US-27 in Lake Placid, Florida, offers 4,650 square feet of versatile retail or office space. Currently, 3,300 square feet is available for lease. The building, constructed in 1979, is a Class B, single-story structure with a 10-foot ceiling height and features 21 total parking spaces. The 0.75-acre lot (34,298 square feet) provides ample parking in front and rear. The rear area is currently used for storage, offering potential for expansion. The property boasts excellent visibility due to its frontage on busy US-27. The interior is well-suited for professional office use, including a reception area, multiple offices, and two bathrooms (one with a shower). Individual AC units provide climate control. The property is secured with a 146-linear-foot chain-link fence at the rear access gate. Utilities include town water and sewer, and power is supplied by FPL. The zoning is C-1 (highway commercial), with a future land use designation of commercial general. This location is in the Sebring submarket. The building is ideal for a variety of businesses seeking high visibility and convenient access.

    Property Features for 708 Us-27

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,650 SF
    Class
    B
    Total Rate
    3875

    Building Details

    Year Built
    1979
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,950 SF
    Rate per SF
    $10
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.358706230404
    Latitude
    27.290383484305

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    FAQs

    What type of property is this?
    Medical office - High-traffic US-27 location, flexible office space.
    Where is this medical office located?
    The property is located at 708 Us-27 Lake Placid, FL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    Request Owner's contact information
    708 Us-27 Lake Placid, FL 33852
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    Lake Placid, FL 33852
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    708 Us-27 Lake Placid, FL 33852
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