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2105 S Us 27 Highway S, Lake Placid, FL 33852

Local realty services provided by:CENTURY 21 Myers Realty
2105 S Us 27 Highway S,Lake Placid, FL 33852
$2,999,000
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  • 22 Beds
  • 22 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lazaro martinez
Office: hammock realty
MLS#:316603
Source:FL_HAR

Price summary

  • Price:$2,999,000

About this home

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

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Home facts

  • Year built:2008
  • Listing ID #:316603
  • Added:53 day(s) ago
  • Updated:January 28, 2026 at 04:23 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:22
  • Full bathrooms:18
  • Half bathrooms:4

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Barrel
  • Year built:2008
  • Lot area:6.03 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,999,000
  • Tax amount:$25,876 (2024)

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