2105 S Us 27 Highway S, Lake Placid, FL 33852
Local realty services provided by:CENTURY 21 Myers Realty
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 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....
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Home facts
- Year built:2008
- Listing ID #:316603
- Added:167 day(s) ago
- Updated:May 23, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:22
- Total bathrooms:22
- Full bathrooms:18
- Half bathrooms:4
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Microwave, Refrigerator
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Barrel
- Year built:2008
- Lot area:6.03 Acres
- Construction Materials:Block, Concrete
Utilities
- Water:Public
Finances and disclosures
- Price:$2,999,000
- Tax amount:$25,876 (2024)
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