123 Us 27, FL
Stellar MLS

$499,900

123 Us 27

Lake Placid, FL 33852

Listing updated: June 8, 2026 at 8:47 PM ET

Active
0
Baths
0.28
Acres
$42/sqft360° tour
Land

Property type

12,000 sqft

Lot size

$42

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

Prime Highway Commercial Opportunity – Nearly Build-Ready Retail Site in the Heart of Lake Placid Position your brand in one of Lake Placid’s fastest-growing retail corridors. This high-visibility US 27 commercial site is surrounded by established national franchises and major traffic drivers including Dunkin’, T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef ‘O’ Brady’s, Anytime Fitness, and the upcoming Culver’s development — creating a powerful retail synergy and built-in customer flow. This C-1 zoned commercial parcel is uniquely positioned for franchise operators, developers, and retail users seeking a near shovel-ready opportunity with significant upfront development work already completed. The property includes previously approved plans for a ±3,200 SF restaurant/retail building, along with survey, utility planning, and sewer engineering already in place. A Florida DEP permit has already been issued for the wastewater collection/transmission system improvements, including lift station and force main infrastructure — dramatically reducing development timelines and helping accelerate the path to construction. Why Franchise Site Selectors Should Move Quickly: Prime frontage and visibility on busy US Highway 27 Co-tenancy with nationally recognized retailers and restaurants Strong demographic growth and regional draw area Utilities and sewer planning substantially advanced Existing permitted site/building plans save valuable time and costs Limited availability of franchise-ready commercial parcels in this corridor Central Highlands County location with access to Tampa, Orlando, Sarasota, and South Florida markets Whether you envision quick-service restaurant, medical, retail, specialty food, or service-oriented commercial use, this site offers a rare combination of location, momentum, and development readiness that is increasingly hard to find in today’s market. Opportunities with this level of entitlement progress and surrounding franchise momentum are becoming scarce — secure your position before the next national brand does.

Estimated monthly payment

Principal & interest$2,528
Property taxes$110
Home insurance (est.)$229

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 history0 days on market

  1. Status: Active
    Jun 8, 2026
  2. Listed$499,900
    Jun 8, 2026
  3. Price increased$499,900

Facts & features

Property type
Land
Status
Active
Days on market
0
Subdivision
East Side Add
County
Highlands
Price/sq ft
$42
Lot size
12,000 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X
Annual taxes
$1,321 (2025)
Parcel #
P-31-36-30-040-0000-0100
Zoning
C1
MLS #
L4962444

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Other

Listing Details

Listing date
2026-06-03
On market date
2026-06-08
Original list price
$499,900
MLS area
33852 - Lake Placid
Listing AOR
Lakeland
Status changed
2026-06-08
Tax legal description
EAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11

Flood risk

Minimal riskFEMA Zone X

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 Hammock Rd, Head South on US Hwy 27 to Lake Placid, FL, Property on left next to LP Dunkin

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MLS GRID

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 June 8, 2026 at 8:47 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