$2,250,000
Active1346 US 27 Hwy N, Lake Placid, FL 33852
7,874 sq ft
Listing courtesy of ADVANTAGE REALTY 1 Β· MLS# L4949407
685 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
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.
Facts
- Property type
- Mixed Use
- Year built
- 1989
- Flood zone
- X
- Annual taxes
- $24,883/yr
- Listed
- Dec 11, 2024
- MLS #
- L4949407
Commercial details
Building & site
- Building size
- 7,874 SF
- Lot size
- 10 acres (439,085 SF)
- Zoning
- R3
- Road frontage
- Access Road, Divided Highway, Main Throrughfare, Private Road, Turn Lanes
- Buildings
- 3
Investor metrics
- Price per SF (MLS)
- $285.75/SF
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $3,250,000
- Price reduced to $2,250,000from $3,750,000
Virtual tour
- Property Panorama tourpropertypanorama.comView the virtual tour(opens propertypanorama.com in a new tab)
Opens propertypanorama.com in a new tab.
Tours are hosted by the sellerβs chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.
Take a tour
Pick a day that suits you β a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
1346 US 27 Hwy N, Lake Placid, FL 33852
Listing courtesy of ADVANTAGE REALTY 1 Β· MLS# L4949407 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

