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$2,999,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Units
  • 6.03 Acres
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Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1,540 sq. ft. living space) and four two-story units (3 beds, 2.5 baths, about 1,534 sq. ft. living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1,565 sq. ft. of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.

Full Property Details for 2105 S US 27 Hwy S

General

  • Price: $2,999,000
  • Taxes: $3,373 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4954869
  • Updated: 11/17/2025
  • Added to Site: 171 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months
  • Min. Lease: 1-2 Years

Interior

  • Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Balcony, Irrigation System, Lighting, Private Mailbox, Rain Gutters
  • Deck/Patio: Patio, Rear Porch
  • Porch/Patio/Deck: Patio, Rear Porch

Parking

  • Parking Features: Driveway, Guest, Open

Location

  • Area: 33852 - Lake Placid
  • County: Highlands
  • Development Name: 33852 - Lake Placid
  • Subdivision: AN IRREG 4.197 ACRE TRACT BEING 182 FT ALONG NELY
  • Driving Directions: FROM HWY 27 S TO LEFT ON STEPHENS DR TO LEFT ON CORONADO CT PROPERTY IS ON THE LEFT

Community

  • Community Name: 33852 - Lake Placid

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water District: LAKE GRASSY
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Sewer Connected, Sprinkler Well, Street Lights, Water - Multiple Meters, Water Connected

Structural Information

  • # Buildings: 2
  • Exterior Const.: Concrete
  • Roof: Tile
  • Square Feet: 1,540
  • Sq. Ft. Source: Appraiser
  • Year Built: 2008

Lot Features

  • Property View: Water
  • Lot Size (Acres): 6.03
  • Lot Size (Sq. Ft.): 262,415
  • Lot Size: 6.0242
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Freshwater, Lake
  • Water Extras: Yes
  • Water Front Name: LAKE GRASSY
  • Water Front Desc.: Freshwater Canal, Lake Front

Financial Considerations

  • Tax Amount: $3,373.81
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: AN IRREG 4.197 ACRE TRACT BEING 182 FT ALONG NELY R/W OF US 27 IN SE 1/4 OF SEC 20 + SW 1/4 OF SEC 21 20-37-30/6 4.197 ACRES
  • Flood Zone Info: X
  • APN: C203730A0000600000
  • Property ID: C203730A0000600000
  • Block/Lot/Section: 182

Listed by Hammock Realty Llc

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Listing agent

— 2105 S US 27 Hwy S —

  • Hammock Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2105 S US 27 Hwy S

School District:Highlands County School District
NameGradesDistance
Lake Country Elementary School
516 County Road 29, Lake Placid, FL 33852
PK-52 mi
Lake Placid High School
202 Green Dragon Drive, Lake Placid, FL 33852
9-124.3 mi
Lake Placid Middle School
201 South Tangerine Avenue, Lake Placid, FL 33852
6-84.7 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 2105 S US 27 Hwy S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/01/2025
Listed
$2,999,000
46.29%
MLS
7/20/2021
Sold
$2,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2105 S US 27 Hwy S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,374
—
$250,088
—
2024
$3,374
-2%
$250,159
-1%
2023
$3,450
-5%
$251,723
2%
2021
$3,632
100%
$245,680
-1%
2022
-100%
$248,925
2%
2021
$3,632
-2%
$244,822
—
2019
$3,690
-1%
$245,242
—
2018
$3,742
-1%
$245,277
—
2017
$3,786
-3%
$245,595
—
2016
$3,906
-2%
$246,620
-1%
2015
$3,987
2%
$247,867
3%
2014
$3,909
-62%
$241,395
-65%
2013
$10,281
—
$684,949
—
View All
Disclaimer: Historical tax 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 Hammock Realty Llc

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2105 S US 27 Highway S, Lake Placid, FL 33852 (MLS# L4954869) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 2105 S US 27 Highway S is currently listed for $2,999,000 and was received on August 01, 2025. Want to learn more about 2105 S US 27 Highway S? Do you have questions about finding other Multi-Family 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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