$2,250,000
1346 Us 27 Highway
Lake Placid, FL 33852
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Over 10 acres of prime US Highway 27 frontage. Three existing buildings w/ total of 7874 sq ft, built as model homes for neighboring gated community, previously used as medical offices and maintained in good, clean condition, with 40 paved parking spaces as currently configured. Advent Health hospital, medical offices and Health & Rehabilitation Center adjacent to the south. Upscale, gated Tomoka Heights community adjacent to the north and west. 1/5 mile highway frontage opposite the new Amazon facility. Dedicated highway crossover with deceleration lanes in both directions. Private road south to hospital and S. Tomoka Boulevard, which is expected to be extended across US 27 to the Amazon property, complete with signalized intersection. Existing R3 zoning permits - among many other uses - medical and professional offices, single and multi-family housing, apartments, condos, hotels/motels with or without restaurants, and assisted living/nursing care. This is Ground Zero not only for medical facilities, but for the boom expected to accompany the progress of the Amazon center, with its concomitant effect on surrounding property availability and value. As the Amazon facility evolves and its employees need housing and ancillary industries and businesses seek a foothold, the owner of this property will be in a most enviable position. Seize this opportunity now, before its price reflects its surroundings and its potential! Southern 5 acres of this parcel also available separately.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history487 days on market
- Status: ActiveDec 12, 2024
- Listed$3,250,000Dec 12, 2024
- Price reduced$2,250,000
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 487
- County
- Highlands
- Year built
- 1989
- Living area
- 7,874 sq ft
- Price/sq ft
- $286
- Lot size
- 439,085 sq ft
- Lot category
- 10 to less than 20
- Flood zone
- X
- Annual taxes
- $24,883 (2023)
- Parcel #
- P-25-36-29-A00-0070-0030
- Zoning
- R3
- MLS #
- L4949407
Heating & Cooling
- Cooling
- Central Air
Parking
- Parking features
- Over 30 Spaces
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Other
Exterior & Construction
- Construction materials
- Other
- Foundation
- Other
- Road surface
- Asphalt
Listing Details
- Listing date
- 2024-12-11
- On market date
- 2024-12-12
- Original list price
- $3,250,000
- MLS area
- 33852 - Lake Placid
- Listing AOR
- Lakeland
- Status changed
- 2024-12-12
- Tax legal description
- A 10.08 ACRE TR ON SW R/W OF US HWY 27 SE OF TOMOKA HTS SEC 1 + 575 FT N OF TOMOKA BLVD SOUTH LESS A 20 X 196.75 FT STRIP IN SE COR AND A 20 X 197.4 FT STRIP ON NW SIDE OF LOT 1 TOMOKA HTS PROF PARK PB 15 PG 81 25-36-29/7-3 10.07 ACRES
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Sebring, proceed south on US 27 toward Lake Placid. Entrance is 800 feet south of N Tomoka Blvd, and 1100 feet north of S Tomoka Blvd and the main entrance to Advent Health Lake Placid hospital. Property can also be accessed by private road to the north from S Tomoka Blvd.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of April 13, 2026 at 4:36 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA