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Property Description
Prime Highway Commercial Opportunity - Nearly Build-Ready Retail Site in the Heart of Lake Placid Position your brand in one of Lake Placid's fastest-growing retail corridors. This high-visibility US 27 commercial site is surrounded by established national franchises and major traffic drivers including Dunkin', T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef 'O' Brady's, Anytime Fitness, and the upcoming Culver's development - creating a powerful retail synergy and built-in customer flow. This C-1 zoned commercial parcel is uniquely positioned for franchise operators, developers, and retail users seeking a near shovel-ready opportunity with significant upfront development work already completed. The property includes previously approved plans for a ±3,200 SF restaurant/retail blg
Full Property Details
Full Property Details for 123 US-27
General
- Price: $499,900
- Taxes: $1,321 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: B26036382
- Updated: Today (6/3/2026)
- Added to Site: Today
Location
- County: Highlands
- Subdivision: Highway 27
Community
- Community Name: 5940 - Other Florida County
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325.6
- Lot Features: 1/4 to 1/2 Acre Lot
- Development Status: See Remarks
- Potential Use: Commercial
- Zoning: C1
Financial Considerations
- Tax Amount: $1,321
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Other
- Legal Description: EAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11
- Property ID: P31363004000000100
Listed by Advantage Realty #1
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Schools
Schools serving 123 US-27
School District:Highlands County School District
| Name | Grades | Distance |
|---|---|---|
Lake Placid High School 202 Green Dragon Drive, Lake Placid, FL 33852 | 9-12 | 1 mi |
Lake Country Elementary School 516 County Road 29, Lake Placid, FL 33852 | PK-5 | 2.9 mi |
Lake Placid Middle School 201 South Tangerine Avenue, Lake Placid, FL 33852 | 6-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 US-27
Date
Details
Price
Change
Source
6/03/2026
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 123 US-27
123 U.S. 27, Lake Placid, FL 33852 (MLS# B26036382) is a Vacant Land property with a lot size of 0.26 acres. 123 U.S. 27 is currently listed for $499,900 and was received on June 03, 2026. Want to learn more about 123 U.S. 27? Do you have questions about finding other Vacant Land real estate for sale in Lake Placid? You can browse all Lake Placid real estate or contact a Coldwell Banker agent to request more information.

