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$799,900
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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
General
- Sold For: $799,900
- Taxes: $20 (2023)
- Status: Closed
- Type: Lots/Land
- Source: Regional
- MLS ID: F10456340
- Added to Site: 548 day(s) ago
Location
- County: Highlands
- Driving Directions: US 27 and Hammock Road South 13.2 miles, make a u-turn at Tomoka Blvd South, property will be on Right.
Community
- Community Name: 5940 - Other Florida County
Utilities
- Water: Other
- Utility Description: Sewer Not Available
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 7
- Lot Size (Sq. Ft.): 304,920
- Lot Dimensions: 304920
- Road Maintenance: Public Maintained Road
- Lot Features: 5-10 Acres, City Lot
- Potential Use: Commercial
- Zoning: B3
Financial Considerations
- Assessment Amount: $64,608
- Tax Amount: $20
- Tax Year: 2023
- Terms: Assumable
Disclosures and Reports
- 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
- Property ID: P253629A0001400000
Listed and Sold by Advantage Realty #1
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Schools
Schools serving 1349 US-27
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
Date
Details
Price
Change
Source
1/26/2026
Sold
$799,900
—
MLS
8/14/2024
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.
1349 US 27, Lake Placid, FL 33852 (MLS# F10456340) is a Lots/Land property that was sold at $799,900 on January 26, 2026. Want to learn more about 1349 US 27? 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.

