2105 S Us 27 Highway S, Lake Placid, FL 33852

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
2105 S Us 27 Highway S,Lake Placid, FL 33852
$2,999,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,540 sq. ft.
  • Multi-family
  • Active
Listed by:lazaro martinez
Office:hammock realty llc.
MLS#:L4954869
Source:MFRMLS

Price summary

  • Price:$2,999,000
  • Price per sq. ft.:$1,785.12

About this home

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

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Home facts

  • Year built:2008
  • Listing ID #:L4954869
  • Added:60 day(s) ago
  • Updated:October 01, 2025 at 11:41 AM

Rooms and interior

  • Living area:1,540 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Tile
  • Year built:2008
  • Building area:1,540 sq. ft.
  • Lot area:6.02 Acres

Utilities

  • Water:Public, Water - Multiple Meters, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,999,000
  • Price per sq. ft.:$1,785.12
  • Tax amount:$3,374 (2024)
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