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$995,000
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Property Description
Premier Commercial Development Site | 1.5 Acres Near Legendary Lake Okeechobee An exceptional investment opportunity in South Bay, offering two commercial-zoned parcels totaling approximately 1.5 acres in a highly strategic and rapidly growing recreational corridor. Located at 850 Old US Highway 27, this rare assemblage sits just moments from the shores of Lake Okeechobee, one of the most renowned freshwater fishing destinations in the United States. Ideal for boutique hospitality, waterfront dining, marina-related services, retail, RV accommodations, or outdoor recreation ventures Parcel Numbers: 58-36-44-11-00-000-7160 and 58-36-44-10-00-000-1010 Positioned along the well-traveled U.S. Highway 27, the property benefits from excellent accessibility and visibility, making it ideally suited for a wide range of high-demand commercial or hospitality developments. Lake Okeechobee draws anglers, tourists, and outdoor enthusiasts from across the country year-round for its world-famous bass fishing and nationally recognized tournaments. This is a rare chance to secure a strategic commercial site near one of Florida's most iconic outdoor destinations, offering both strong tourism-driven demand and long-term development potential. A premier opportunity for visionary investors and developers seeking to capitalize on the growth surrounding Lake Okeechobee.
Full Property Details
Full Property Details for Us Hwy N 27 N
General
- Price: $995,000
- Taxes: $275 (2024)
- Status: Active
- Type: Commercial Service
- Source: Greater_Miami
- MLS ID: A11979489
- Updated: 3/10/2026
- Added to Site: 26 day(s) ago
Business
- Business Type: Shopping Center
Location
- County: Palm Beach County
Structural Information
- Detached/Attached: Detached
- Building Size: 1976
- Current Bldg. Use: Mixed Use
Lot Features
- Lot Size (Sq. Ft.): 65,340
- Lot Features: Corner Lot
- Zoning: B1 (city
Financial Considerations
- Tax Amount: $275
- Tax Year: 2024
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: 11-44-36~ PT OF SOVEREIGNTY LAND IN DB1041P478 LYG N OF SR 25 & 27 R/W & SWLY OF SR 80
- Inclusions: Building & Land
- Property ID: 58364411000007160
Listed by Compass Florida, LLC
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Schools
Schools serving Us Hwy N 27 N
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 Us Hwy N 27 N
Date
Details
Price
Change
Source
3/09/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales 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 Us Hwy N 27 N
Us Highway N 27 N, South Bay, FL 33493 (MLS# A11979489) is a Commercial Service property. Us Highway N 27 N is currently listed for $995,000 and was received on March 09, 2026. Want to learn more about Us Highway N 27 N? Do you have questions about finding other Commercial Service 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.

