$2,999,000 for Sale
2105 s us 27 highway , lake placid, FL 33852
| Beds 0 | Baths 0 | 1,540 Sqft | 6.03 Acres |
|
1 of 21 |
Property Description
Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1,540 sq. ft. living space) and four two-story units (3 beds, 2.5 baths, about 1,534 sq. ft. living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1,565 sq. ft. of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.
Waterfront
Water Name: LAKE GRASSY
Water Description: Canal - Freshwater, Lake Front
General Information
Sale Price: $2,999,000
Price/SqFt: $1,947
Status: Active
MLS#: L4954869
City: lake placid
Post Office: lake placid
County: Highlands
Subdivision: an irreg 4.197 acre tract being 182 ft along nely
Acres: 6.03
Bedrooms:0
Bathrooms:0
House Size: 1,540 sq.ft.
Acreage: 6.03 est.
Year Built: 2008
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Concrete
Exterior Misc: Balcony, Irrigation System, Lighting, Private Mailbox, Rain Gutters
Basement: No
Foundation : Slab
Appliances: Dishwasher, Microwave, Range, Refrigerator
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $3,374
Legal Description: AN IRREG 4.197 ACRE TRACT BEING 182 FT ALONG NELY R/W OF US 27 IN SE 1/4 OF SEC 20 + SW 1/4 OF SEC 21 20-37-30/6 4.197 ACRES
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Lazaro Martinez of HAMMOCK REALTY LLC, Phone: 863-304-8795
