Property
ActiveLand
1/16
$499,900

123 US 27

Lake Placid, FL 33852
0
Beds
0
Baths
0
SqFt
0.28
Acres
STELLAR
#L4962444
Updated: Jun 8, 2026, 11:08pm

Property Description

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.
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Property Details

Site & Exterior
Current Use
Commercial
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.28
Lot Size Area
12000
Lot Size Dimensions
50 x 120
Lot Size Square Feet
12000
Lot Size Units
Square Feet
Public Survey Range
30E
Public Survey Section
31
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Other
Water Source
Public
Zoning
C1
Financials
Calculated List Price By Calculated Sq Ft
41.66
Contract Status Change Date
2026-06-08
Current Price
499900
Feed Types
BBO
Owner Name
OWNER OF RECORD
Ownership
Fee Simple
Parcel Number
P31363004000000100
Price Per Acre
1785357
Public Survey Township
36S
Tax Annual Amount
1321.28
Tax Block
100
Tax Book Number
4-19
Tax Legal Description
EAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11
Tax Lot
10
Tax Year
2025
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33852 - Lake Placid
Subdivision Name
EAST SIDE ADD
Listing provided courtesy of STELLAR via IDX. Updated: Jun 8, 2026, 11:08pm.
Gregory Karlson

Listing Agent

ADVANTAGE REALTY 1

Call Agent