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$3,750,000 -$950,000 (-20.21%) Price Reduced

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Over 10 acres of prime US Highway 27 frontage. Three existing buildings w/ total of 7874 sq ft, built as model homes for neighboring gated community, previously used as medical offices and maintained in good, clean condition, with 40 paved parking spaces as currently configured. Upscale, gated Tomoka Heights community adjacent to the north and west. 1/5 mile highway frontage, opposite the expected Amazon Fulfillment Center. Dedicated highway crossover with deceleration lanes in both directions. Existing R3 zoning permits - among many other uses - medical and professional offices, single and multi-family housing, apartments, condos, hotels/motels and assisted living/nursing care. Seven additional acres zoned B3 available directly across the highway.

Full Property Details for 1346 US-27

General

  • Price: $3,750,000
  • Taxes: $24,883 (2023)
  • Status: Active
  • Type: Business
  • Source: Regional
  • MLS ID: F10476473
  • Updated: 1/27/2026
  • Added to Site: 406 day(s) ago

Business

  • Business Type: Commercial

Location

  • County: Highlands
  • Driving Directions: From 743 Us Hwy 27 S, head to Lake Placid. Entrance is 800 ft S of N Tomoka Blvd, 1100 feet north of S Tomoka Blvd and the main entrance to Advent Health Lake Placid hospital. Property can also be accessed by private road to the north from S. Tomoka Blvd.

Community

  • Community Name: 5940 - Other Florida County

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Warehouse
  • Year Built: 1989

Lot Features

  • Lot Size (Acres): 10.07
  • Lot Size (Sq. Ft.): 438,631.78
  • Zoning: R3

Financial Considerations

  • Assessment Amount: $1,548,626
  • Tax Amount: $24,883
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: A 10.08 ACRE TR ON SW R/W OF US HWY 27 SE OF TOMOKA HTS SEC 1 + 575 FT N OF TOMOKA BLVD SOUTH LESS A 20 X 196.75 FT STRIP IN SE COR AND A 20
  • Property ID: P253629A0000700030

Listed by Advantage Realty #1

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— 1346 US-27 —

  • Advantage Realty #1

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 1346 US-27

School District:Highlands County School District
NameGradesDistance
Lake Placid Elementary School
101 Green Dragon Drive, Lake Placid, FL 33852
PK-52 mi
Lake Placid High School
202 Green Dragon Drive, Lake Placid, FL 33852
9-122.1 mi
Lake Placid Middle School
201 South Tangerine Avenue, Lake Placid, FL 33852
6-81.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1346 US-27 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/27/2026
Price Reduced
$3,750,000
-20.21%
MLS
12/17/2024
Listed
$4,700,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Advantage Realty #1

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1346 US 27, Lake Placid, FL (MLS# F10476473) is a Business property. 1346 US 27 is currently listed for $3,750,000 and was received on December 17, 2024. Want to learn more about 1346 US 27? Do you have questions about finding other Business 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.

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