108 Lake Francis Rd Lake Placid, FL 33852
- Specialty properties
- 5.00 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 108 Lake Francis Rd
- Lot size
- 5.00 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 5-acre commercial parcel is located at 108 Lake Francis Road, Lake Placid, Florida, 33852. Zoned for agricultural use, this property offers a unique blend of rural tranquility and convenient access to urban amenities. Situated just a short distance from downtown Lake Placid and a half-mile from the picturesque Lake Francis, it provides a serene setting while remaining close to essential services. City utilities are readily available at the property line, simplifying development and ensuring modern conveniences. The location offers easy access to major roadways, with US 27 and SR 66 providing convenient connections. For those seeking recreational opportunities, the renowned Sebring International Raceway is less than 10 minutes away, and the vibrant city of Sebring is approximately 15 miles distant. Priced at $149,500, this property presents a compelling investment opportunity for those seeking a versatile commercial land holding in a desirable Florida location. The property's size and zoning make it suitable for a variety of commercial ventures, offering significant potential for future growth and development. This is a rare chance to acquire a substantial parcel of land in a thriving community, combining the best of rural living with the convenience of nearby urban centers.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.3959
- Latitude
- 27.3543