Us 27 & Heartland Blvd Lake Placid, FL 33852
- Land
- 32.43 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us 27 & Heartland Blvd
- Lot size
- 32.43 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 32.43-acre development site presents a unique investment opportunity in the thriving Lake Placid, Florida market. Located at the highly visible intersection of US 27 and Heartland Boulevard in Highlands County, this property boasts prime commercial and agricultural zoning (AG/Multi-Family & Commercial C1), offering unparalleled flexibility for a diverse range of projects. The site is strategically positioned within the jurisdictional limits of Lake Placid, ensuring seamless access to municipal services. Preliminary plans suggest the potential for a substantial multi-family development, with zoning allowing up to twelve units per acre. This translates to significant potential density and substantial returns. All essential utilities—water, sewer, and electric—are readily available at the site, minimizing development hurdles and accelerating project timelines. The asking price for this remarkable parcel is $8,500,000. Given its size, location, and zoning, this property represents a rare chance to capitalize on the growth trajectory of Lake Placid and the surrounding area. The high visibility afforded by its location at a major intersection makes it ideal for a variety of commercial ventures, while the agricultural zoning adds another layer of development possibilities. Don't miss this exceptional opportunity to acquire a significant piece of land in a rapidly expanding Florida market. The zip code is 33852.
Value Estimation
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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
- -81.3585
- Latitude
- 27.3047
