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.

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Days on the market

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
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Association of REALTORS®
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