$399,000
2200 - 2204 Us 27 Highway
Lake Placid, FL 33852
Listing updated: August 11, 2026 at 5:04 PM ET
Listing courtesy of Advantage Realty 1 · Jim Pyle · MLS #L4951531 · Active · 863-386-1111Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
*** UPDATE - PROPERTY IS NOW LEASED! 3 YEAR LEASE! *** Perfect opportunity - if current trends continue - to hold for capital appreciation while tenant maintains property and provides modest cash flow in the interim. Enormous upside potential. Lakefront with highway frontage Zoned B3. Highway crossover directly in front of shared access point(s) to property for convenient access from both directions. Approximately 9/10 acre. Previously Heritage Restaurant Log Cabin now converted with updated kitchen & bathrooms, potential for small business to utilize 370+-Ft US Hwy 27 frontage as display area for sales/325+-Ft of lakefront for Lakefront activities(paddleboarding, jet-ski rentals,etc. Come run your small business while you live in this cute nostalgic log cabin on the tranquil lake buck. Don't miss out on this unique opportunity to live, play and work in this special location! Building has been repaired and painted. Last dozen photos depict property currently, repaired, painted and occupied.
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 history497 days on market
- Status: ActiveApr 1, 2025
- Listed$595,000Apr 1, 2025
- Price reduced$399,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 497
- County
- Highlands
- Year built
- 1983
- Living area
- 1,648 sq ft
- Price/sq ft
- $242
- Lot size
- 20,250 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X
- Annual taxes
- $2,645 (2024)
- Parcel #
- C-28-37-30-A00-0094-0000
- Zoning
- B3
- MLS #
- L4951531
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Interior Details
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Other
Exterior & Construction
- Construction materials
- Log
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Listing Details
- Listing date
- 2025-03-25
- On market date
- 2025-04-01
- Original list price
- $595,000
- MLS area
- 33852 - Lake Placid
- Listing AOR
- Lakeland
- Status changed
- 2025-04-01
- Tax legal description
- AN IRREG TR IN NW 1/4 OF NW 1/4 W OF HWY BEING S 150 FT OF N 553 FT AS MEAS ALONG HWY R/W 28-37-30/9.4 .43 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
Proceed south from town of Lake Placid. Property is roughly 3.5 miles south of the Lake Placid town limit, and 1.6 mile north of the intersection of US 27 and State Road 70. West side of US 27 across from Ramada by Wyndham hotel.
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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 August 11, 2026 at 5:04 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.
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