$799,900 for Sale
1349 us 27, lake placid, FL 33852
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.
General Information
Sale Price: $799,900
Price/SqFt:
Status: Active
MLS#: L4945094
City: lake placid
Post Office: lake placid
County: Highlands
Acres: 7
Lot Dimensions: 1121 x 885
Size:
Acreage: 7 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $20
Legal Description: W 885.49 FT OF E 2165.2 FT N + E OF US 27 R/W IN NE 1/4 7.0 AC

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Gregory Karlson of ADVANTAGE REALTY 1, Phone: 863-386-1111