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705 US 27, Lake Placid, FL 33852

Highlands County

Key Facts

16.59Lot (acres)

Description

16.59 Acres with 613 feet of US 27 Frontage. Property has access to Central City water and sewer. Location is perfect as it's withing minutes of all the Town of Lake Placid. Zoned C1/R2 for commercial or residential development front half is zoned with US 27 frontage & Medium turn for easy franchise developments with real half (8+- acres) zoned multi-family for townhomes viewing down on the beautiful Lake Clay.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

16.59 acres

Lot Dimensions

16

Zoning

C1/R2

Days on Market

706

MLS® Listing#

F10451302

Property Features

Lot Features

Corner LotCity Lot

Utilities

Electricity AvailablePhone AvailableSewer Not Available

Water Source

Other

Financial Details

HOA

None

Annual Taxes

$69

Tax year 2023

Assessed Value

$114,471

Parcel Number

P313630A0002100000

Directions

US 27 & Main Street Lake Placid to North on US 27 to Corner of Alderman and US 27. Just before the Raceway Gas Station.

Affordability Calculator

$999,980

Estimated monthly payment

$26,612/mo

Principal $3,999,920 · Est. interest $5,580,244 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lake Placid, FL

$341,842
Median Listing Price
83
Median Days on Market
1,620
Median Sq Ft
$203
Median Price / Sq Ft
2,457
Active Listings
  • This home’s price is 1363% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lake Placid, FL.

Location

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Points of Interest in Lake Placid, FL

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
220 Lake Shore Drive 1801, Lake Park, FL$3,500,000332,140
W US-90, Lake City, FL$3,500,000
1539 NW MAIN BLVD, Lake City, FL$3,500,000
1116 SW BUSINESS POINT DR, Lake City, FL$3,500,0001,500
5387 80th Trail S, Lake Worth, FL$3,700,000
220 Lake Shore Drive 2411, Lake Park, FL$3,913,000342,846

Moving Cost Estimate

EXIT Agents in Lake Placid

BeachesMLS logo

Listing Courtesy: Advantage Realty #1 - 8633860303

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BeachesMls. MLS® Listing#F10451302. © 2026EXIT Realty®. All rights reserved.