
$499,900
123 Us 27
Lake Placid, FL 33852
Listing updated: June 8, 2026 at 8:47 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveJun 8, 2026
- Listed$499,900Jun 8, 2026
- 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
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
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-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
More homes like this

$559,900
115 Heinley Rd
Lake Placid, FL 33852
2 bd · 2 ba · 2,400 sqft
Lake Persimmon
MLS ID #L4962202
Listing provided by Stellar MLS

$459,000
16 Meadowlake Cir S
Lake Placid, FL 33852
3 bd · 3 ba · 2,256 sqft
Meadowlake Sub
MLS ID #W7881996
Listing provided by Stellar MLS

$400,000
115 County Road 29
Lake Placid, FL 33852
0.24 acres
MLS ID #L4961989
Listing provided by Stellar MLS

$600,000
1503 Us 27 S
Lake Placid, FL 33852
0.56 acres
MLS ID #L4961987
Listing provided by Stellar MLS
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