1349 Us 27 N, Lake Placid, FL 33852

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Sold Price
$799,900
List Price
$799,900
Status
SOLD
Days on Market
357
Closing Date
Nov 25, 2025
MLS#
L4945094
Subtype
Land
Lot Size
304,920
Acres
7
MLS Area Major
Lake Placid

Property Description

Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from AdventHealth Lake Placid Hospital! Full Median Turn, DOT curb cuts in place with 1120+-Front Ft on US Hwy 27 & all utilities to the adjacent ALF makes this an easy & potentially very profitable development. The many complementary uses to ALF & Hospital are: Cancer Center, Dialysis, Psychological, Hearing Aid,etc. This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf of land cost to the bld(s) which is $35 below market! Don’t miss out on this exceptional opportunity. Develop to lease out for long term income, condo units & sell to the tenants after all your depreciation has been taken for even higher returns.

Additional Information

Financing
Cash
Location
Buildable, Cleared, City Limits, Irregular Lot, Paved
Community Features
No Deed Restriction
Zoning
B3

Listing courtesy of ADVANTAGE REALTY 1. 863-386-1111

Selling Office: ADVANTAGE REALTY 1.

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