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Property Description
Two beautifully renovated historic detached homes sit on two parcels totaling approximately 1.5 acres with residential and commercial zoning, offering a rare opportunity in the growing recreational corridor of South Bay. Located at 850 Old US Highway 27, just moments from the shores of legendary Lake Okeechobee-one of the most renowned freshwater fishing destinations in the United States-this unique property combines charm, versatility, and strong investment potential. Positioned along well-traveled U.S. Highway 27, the site benefits from excellent visibility and accessibility, making it ideal for a variety of uses including boutique hospitality, waterfront dining, marina-related services, retail, RV accommodations, or outdoor recreation ventures. Lake Okeechobee attracts anglers, tourists, and outdoor enthusiasts year-round for its world-famous bass fishing and nationally recognized tournaments, creating consistent tourism-driven demand. Parcel numbers: 58-36-44-11-00-000-7160 and 58-36-44-10-00-000-1010. A premier opportunity for visionary investors and developers seeking to capitalize on the continued growth surrounding this iconic Florida destination.
Full Property Details
Full Property Details for 850 Old U.S. Hwy 27
General
- Price: $995,000
- Taxes: $5,350 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11982996
- Updated: 3/14/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Dryer, Refrigerator
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Guest House Sq. Ft.
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Garage Spaces: 3
- Carport Spaces: 10
- Covered Spaces: 13
- Parking Features: Driveway
Location
- Area: South Bay
- County: Palm Beach County
- Subdivision: South Bay
- Building Name: South Bay
- Direction Faces: South
School Information
- Elementary School: Rosenwald
- Middle School: Lake Shore
Community
- Community Name: South Bay
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Ranch, Twin Homes
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Attached
- Construction: Wood Siding
- Roof: Metal Roof
- Building Size: 3480
- Square Feet: 1,976
- Living Area: 1,976 Sq. Ft.
- Year Built: 2008
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 65,340
- Lot Features: 1 To Less Than 2 Acre Lot
- Zoning: B1 (city
Financial Considerations
- Price Per Sq. Ft.: $503.54
- Tax Amount: $5,350
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: 10-44-36~ ELY 140.25 FT LYG BET OLD RD 80 & LAKE OKEECHOBEE LEVEE IN OR853P537 /LESS NEW SR 25 & 80 R/W/
- Restrictions: Ok To Lease
- Inclusions: Up to 90 Ft Boat
- Property ID: 58364410000001010
Listed by Compass Florida, LLC
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Schools
Schools serving 850 Old U.S. Hwy 27
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Rosenwald Elementary School 1321 Doctor Martin Luther King Junior Boulevard, South Bay, FL 33493 | K-5 | 0.9 mi |
Lake Shore Middle School, Belle Glade, FL 425 West Canal Street North, Belle Glade, FL 33430 | 6-8 | 3.3 mi |
Glades Central High School 1001 Southwest Avenue M, Belle Glade, FL 33430 | 9-12 | 2.6 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 850 Old U.S. Hwy 27
Date
Details
Price
Change
Source
3/14/2026
Listed
$995,000
103.06%
MLS
6/06/2025
Sold
$490,000
—
Public Record
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
Tax History for 850 Old U.S. Hwy 27
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,532
3%
$233,629
3%
2024
$4,383
3%
$227,045
3%
2023
$4,256
3%
$220,432
6%
2021
$4,119
-1%
$207,779
-3%
2022
$4,176
1%
$214,012
39%
2021
$4,119
141%
$153,936
46%
2019
$1,708
6%
$105,403
2%
2018
$1,617
2%
$103,438
2%
2017
$1,584
1%
$101,310
2%
2016
$1,563
-2%
$99,226
1%
2015
$1,587
—
$98,536
1%
2014
$1,584
2%
$97,754
2%
2013
$1,550
—
$96,309
—
Disclaimer: Historical tax 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 850 Old U.S. Hwy 27
850 Old US Highway 27, South Bay, FL 33493 (MLS# A11982996) is a Single Family property with 3 bedrooms and 2 full bathrooms. 850 Old US Highway 27 is currently listed for $995,000 and was received on March 14, 2026. Want to learn more about 850 Old US Highway 27? Do you have questions about finding other Single Family real estate for sale in South Bay? You can browse all South Bay real estate or contact a Coldwell Banker agent to request more information.

