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    225 Us 27th S Lake Placid, FL 33852-7920
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    Property profile & analytics

    225 Us 27th S, Lake Placid, FL 33852-7920

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    • Medical Office Space
    • 8,419 SF
    • 0.52 lot acres
    Off-Market
    Last Sale Feb 3, 2020
    $475,000
    Property ID
    US18-4714960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 225 Us 27th S

    Year built
    1982
    Construction
    CONCRETE BLOCKS
    Lot size
    0.52 lot acres
    Zone code
    C1
    Property type
    Medical Office Space
    APN
    P-06-37-30-160-0000-0080
    APU
    P06373016000000080

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 26, 2022 — Bstwo INC — Deed · related $550k · Heartland National Bank
    Feb 3, 2020 $475,000 Lala Ram Corporation Vcar LLC Warranty Deed $380k · Heartland National Bank
    Aug 31, 2018 — Vcar LLC J & M INC Quit Claim Deed · related —
    Dec 9, 2002 $463,000 J & M INC Of Conway Shirley,thomas C Grant Deed —
    — — Thomas C Shirley — Deed Of Trust · related $450k · Heartland National Bank

    Property Overview

    This professional building, previously used as doctors' offices, is suitable for various professional uses. It is designed to be divisible into four separate units, each with its own entrance and bathroom. The building contains a total of 11 bathrooms of varying sizes. One room is equipped for X-Ray use. The property includes 36 parking spaces and features a replaced roof and interior updates. At the rear of the building, there is an area suitable for ambulance or delivery access. Two units face US Hwy 27, while the other two are on the side street, providing high traffic visibility. The property is located near restaurants, office buildings, shopping, banking, and pharmacies. Situated on a 0.46-acre lot, the building offers 8,494 square feet of living area. The county shows replacement cost at near $1,200,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $710,000
      ML approach
      $740,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $806,000
      Market price range: $711k - $1.93M
      AI Estimate
      $437,000
      Market price range: $437k - $923k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,120,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.3577
    Latitude
    27.2946
    CBSA code
    42700
    CBSA name
    SEBRING, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,696
    $130,604
    $545,887
    $676,491
    -
    $130,604
    $545,887
    $676,491
    More about this property
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