request_info_guest false

Us 27 County Rd 17 To Sr 7

$2,999,000

2105 S US 27 Highway S, Lake Placid, FL 33852

Active
Last Updated: 08/04/2025

126,977

NOI

1,680 sqft

Building Size

Details:
NOI:    $126,977
Building Size:    1,680 sqft
Units:    4
Year Built:    2008
Floors:    2
Parking Spots:    51
Gross Leaseable Area:    1,540
Highlights:
  • Lot Features: 5 To Less Than 10 Acre Lot
  • Documents Available: Deposit - Security, Investment Analysis, Copy Of Lease(S), Other Available Information
  • Architectural Style: Attached
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
Description:

6.05-acre waterfront property on Lake Grassy with frontage on Highway 27. Includes a 9-unit complex built in 2008: five single-story (2 beds, 2 baths) and four two-story units (3 beds, 2.5 baths). Fully paved roads, utilities, and a valid wastewater permit through 2029 make this a shovel-ready project. Approved plans for 42 additional 3-bed, 2.5-bath units (approx. 1,565 sq. ft.) can be adapted to suit your vision. Also features space for a community pool. Existing income-producing units, highway visibility, and water access make it an ideal turnkey opportunity for developers or investors

Map:
Location
Gallery