Mixed use property in Us Highway N 27 N South Bay for sale with MLS# A11979489

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.

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Days on the market

Us Highway N 27 N, South Bay, FL 33493

Price
Price:
$995,000.00
Previous Asking Price:
$995.00
Original List Price:
$995.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Mixed Use
MLS Number:
A11979489
Description of Last Important Update:
Price Change
Last Major Update on:
March 9, 2026 4:16 pm
Measures
Built-Up Area:
1,976 Sqft
Lot Area:
65,340 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Structure Type:
Retail
Taxes and Expenses
Tax Annual Amount:
$275.00
Tax Year:
2024
Parking
Covered Spaces:
0
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
11-44-36~ PT OF SOVEREIGNTY LAND IN DB1041P478 LYG N OF SR 25 & 27 R/W & SWLY OF SR 80
Real Estate Folio Number (Parcel Number):
58364411000007160
Zoning Description:
B1 (city
Listing History
Originally published on:
March 9, 2026 3:51 pm
Active on the market since:
March 9, 2026
Price change occurred on:
March 9, 2026 4:16 pm
Listing Status Last Changed On:
March 9, 2026 3:51 pm
Photos updated on:
April 8, 2026 6:17 pm
Last Modified:
April 21, 2026 1:33 pm
Additional Information
Flood Zone:
AE
Municipal Code:
58
Subdivision Number:
0
Courtesy of:
Compass Florida, LLC
Attribution:
774-540-4931
Location
Street Name:
27 N
Street Number:
Us Highway
City:
South Bay
State:
Florida
Zip Code:
33493
County:
Palm Beach
Latitude:
N26° 40' 36.2''
Longitude:
W81° 16' 32''
Street Direction Prefix:
N
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $52,404
Median Home Value $121,100
Median Rent $1,067/mo
Median Age 38
Population 5,070

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.