Unimproved Land in 705 US 27, Lake Placid, FL 33852 for sale with MLS# F10451302
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.
705 US 27, Lake Placid, FL 33852
Price
- Price:
- $4,999,900.00
- Original List Price:
- $3,999,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $6.92
Business Info
- Gross Scheduled Income:
- 0
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- June 11, 2026 5:59 pm
- Other Special Conditions:
- City Jurisdiction
Measures
- Lot Area:
- 722,660 Sqft
- Lot Size Dimensions and Info:
- 16
- Lot Size Unit:
- Acres
- Lot Features:
- Build To Suit
- Lot Size Acres:
- 16.59
Property Features
- View from the Property:
- Lake
- Waterfront:
- No
- Current Use:
- Commercial, Unimproved, Multi-family
- Vegetation and Trees:
- Citrus
- Road Responsibility:
- Public Maintained Road
Construction
- Road Frontage Type:
- Highway, Public Road
- Possible Use:
- Commercial, Recreational, Agricultural, Manufactured Home
Taxes and Expenses
- Tax Annual Amount:
- $69.00
- Tax Year:
- 2023
- Tax Assessed Value:
- $114,471.00
Utilities
- Utilities Available:
- Sewer Not Available, Electricity Available, Phone Available
- Water Source:
- Other
Community
- Senior Community:
- No
Terms
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- AN IRREG 16.59 ACRE TR IN FRAC N 1/2 OF NE 1/4 OF SEC 31 N OF ALDERMAN ROAD 31-36-30/21 16.59 ACRES -LAKE CLAY-
- Real Estate Folio Number (Parcel Number):
- P313630A0002100000
- Zoning:
- C1/R2
Listing History
- Active on the market since:
- July 16, 2024
- Listing Agreement executed on:
- July 16, 2024
- Price change occurred on:
- June 11, 2026 5:59 pm
- Listing Status Last Changed On:
- July 16, 2024 1:29 pm
- Photos updated on:
- October 23, 2024 1:29 pm
- Last Modified:
- August 6, 2026 6:10 pm
Additional Information
- Courtesy of:
- Advantage Realty #1
- Attribution:
- Not provided
Location
- Street Name:
- US 27
- Street Number:
- 705
- City:
- Lake Placid
- State:
- Florida
- Zip Code:
- 33852
- County:
- Highlands
- Latitude:
- N27° 18' 28.6''
- Longitude:
- W82° 38' 34.7''
Property Map

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$54,841
Median Home Value
$205,800
Median Rent
$1,063/mo
Median Age
54
Population
21,630
Air Quality
Source: AirNow.gov · Highlands County
🌬️ Air Quality Index (AQI)
30
Good
☀️ O3
30
Good