1349 US 27 N, Lake Placid, FL 33852 - Photo 1

1/1

$799,900

Sold
Closed
Lots/Land
7 Acres

1/1

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.

Full Property Details

Full Property Details for 1349 US 27 N

General

Sold For: $799,900
Taxes: $20 (2023)
Status: Closed
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: L4945094
Added to Site: 598 day(s) ago

Location

Area: 33852 - Lake Placid
County: Highlands
Development Name: 33852 - Lake Placid
Driving Directions: US 27 and Hammock Road South 13.2 miles, make a u-turn at Tomoka Blvd South, property will be on Right.
Direction Faces: West

Community

Community Name: 33852 - Lake Placid

Utilities

Sewer: None
Water: None
Utility Description: Electricity Available, Other, Sprinkler Well, Water Available

Structural Information

Current Bldg. Use: Commercial

Lot Features

Lot Size (Acres): 7
Lot Size (Sq. Ft.): 304,920
Lot Size: 7
Lot Dimensions: 1121 x 885
Frontage: Street Paved, Highway
Street/Road Desc.: Paved

Financial Considerations

Price Per Acre: $114,271
Tax Amount: $20.02
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
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
Flood Zone Info: X
APN: P253629A0001400000
Property ID: P253629A0001400000
Block/Lot/Section: 14

Listed and Sold by Advantage Realty 1

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— 1349 US 27 N —

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Schools

Schools serving 1349 US 27 N

School District:Highlands County School District

Name	Grades	Distance
Lake Placid Elementary School 101 Green Dragon Drive, Lake Placid, FL 33852	PK-5	2.1 mi
Lake Placid High School 202 Green Dragon Drive, Lake Placid, FL 33852	9-12	2.2 mi
Lake Placid Middle School 201 South Tangerine Avenue, Lake Placid, FL 33852	6-8	1.9 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 1349 US 27 N

Date

Details

Price

Change

Source

11/25/2025

Sold

$799,900

—

MLS

5/29/2024

Listed

$799,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Baths
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1349 US 27 N, Lake Placid, FL 33852 (MLS# L4945094) is a Lots/Land property that was sold at $799,900 on November 25, 2025. Want to learn more about 1349 US 27 N? Do you have questions about finding other Lots/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.

1349 US 27 N Lake Placid, FL 33852