Retail in 1174 US 27 N, Lake Placid, FL for sale with MLS# B26087582

1174 US Highway 27 N offers a versatile commercial opportunity in Lake Placid. Situated on approximately 0.88 acres, the property features a concrete block building, direct highway frontage and access, excellent visibility, city water, and septic. B3 zoning allows a variety of commercial uses, including retail, automotive services, contractor shops, restaurants, warehousing, and storage, subject to applicable requirements. Potential for a small medical practice is subject to verification of permitted use and occupancy requirements. Ideal for owner-users or investors seeking to establish a business, renovate, or reposition the site, with convenient access to Sebring, Avon Park, and surrounding communities.

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1174 US 27 N, Lake Placid, FL

Price
Price:
$399,000.00
Original List Price:
$399,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Commercial Sale
Property Type:
Retail
Description of Last Important Update:
New Listing
Last Major Update on:
October 13, 2026 12:52 pm
Measures
Built-Up Area:
1,597 Sqft
Lot Area:
39,083 Sqft
Building Area Source:
Public Records
Lot Features:
Oversized Lot
Lot Size Acres:
0.9
Property Features
Security:
Other
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Other
Construction
Year Built:
1967
Roof:
Aluminum
Construction Materials:
CBS
Number of stories:
1
Foundation Details:
Slab
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,191.16
Tax Year:
2025
Tax Assessed Value:
$269,880.00
Parking
Parking Total Spaces:
2550
Parking Features:
Accessible Parking
Utilities
Sewer:
Septic Tank
Electric:
Other
Utilities Available:
Electricity Available, Water Available
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Other
Listing Terms Considered by Seller:
Other
Buyer Possession:
Other
Zoning and Legal
Tax Legal Description:
A 150 X 323.22 FT TR AS MEAS ALONG R/W OF US HWY 27 ALONG E BDRY OF SEC 27 -HWY PATROL STA- .88 ACRES
Real Estate Folio Number (Parcel Number):
P253629a0000800000
Zoning:
B3
Listing History
Active on the market since:
October 13, 2026
Listing Agreement executed on:
October 13, 2026
Listing Status Last Changed On:
October 13, 2026 12:52 pm
Photos updated on:
October 13, 2026 12:52 pm
Last Modified:
October 16, 2026 11:43 am
Additional Information
Courtesy of:
Illustrated Properties
Attribution:
Not provided
Location
Street Name:
US 27
Street Number:
1174
City:
Lake Placid
State:
Florida
County:
Highlands
Latitude:
N27° 19' 12.5''
Longitude:
W82° 37' 56.8''
Property Map

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Association of REALTORS®
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