708 Concert Dr Lake Placid, FL 33852
This exceptional 9,779 square foot commercial and residential lot presents a unique investment opportunity in the desirable Sun N Lakes community of Lake Placid, Florida. Located in Unit 19, this 0.22-acre parcel offers the potential for diverse development. Its convenient location provides easy access to essential services and community resources. Just a short 4-minute drive (2.1 miles) will take you to the Winn Dixie Supermarket, ensuring everyday convenience. For families, Lake Placid High School is a mere 9-minute drive (4.7 miles) away. The property's address is 708 Concert Drive, Lake Placid, FL 33852, within Highlands County. Access is straightforward: From US Highway 27, travel east on County Road 29 for 1.5 miles, turn right onto S. Sun N Lakes Boulevard for 0.1 miles, and then left onto Concert Drive. The lot is situated on the right-hand side. The proximity to Lake Betty adds to the appeal of this versatile property, making it ideal for both commercial and residential ventures. This is a rare opportunity to acquire a buildable lot in a thriving Florida community at an attractive price point of $28,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.