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Pinnacle Real Estate Group – FL

705 US 27, Lake Placid, FL 33852 (MLS# F10451302)

705 US 27, Lake Placid, FL 33852

$4,999,900
Property Type: Land & Docks Lot Size (sq. ft.): 722,660 Status: Active
Current Price: $4,999,900 List Date: 7/16/2024 Last Modified: 9/11/2026

Overview

Description

16.59 Acres with 613 feet of US 27 Frontage. Property has access to Central City water and sewer. Location is perfect as it's withing minutes of all the Town of Lake Placid. Zoned C1/R2 for commercial or residential development front half is zoned with US 27 frontage & Medium turn for easy franchise developments with real half (8+- acres) zoned multi-family for townhomes viewing down on the beautiful Lake Clay.

Listing Details MLS# F10451302

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
16.59
Lot Size Square Feet
722660
Lot Size Dimensions
16
Lot Depth
1179
Lot Frontage
613
LP/Assessed Value
43.68
LP/SqFt
6.92

Property Features

Current Use: Commercial; Multi-Family; Unimproved Environmental Audit: None Location of Property: City Location; Corner Unit; Near School; Shopping Center Possession: Close Of Escrow Possible Use: Agricultural; Commercial; Manufactured Home; Recreational Special Information: City Jurisdiction Trees: Citrus Utilities: Electricity Available; Phone Available; Sewer Not Available Listing Terms: Cash Lot Features: Build to Suit Road Frontage Type: Highway; Public Road Road Responsibility: Public Maintained Road Water Source: Other Water View: Lake Showing Requirements: Showing Service Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3999900
LP/Acre
301380.35
LP/Frontage
8156.44

Location and Legal

Country
United States
County Or Parish
Highlands
County Parish Name
Highlands
Street Number
705
Street Name
US 27
City Name
Lake Placid
State Or Province
FL
Postal Code
33852
Postal Code +4
7940
Postal Zip
33852
Area
5940 - Other Florida County
Geographic Area
Other
Parcel Number
P313630A0002100000
Zoning
C1/R2
Directions
US 27 & Main Street Lake Placid to North on US 27 to Corner of Alderman and US 27. Just before the Raceway Gas Station.

Financial Information

Tax Year
2023
Tax Annual Amount
69
Tax Assessed/SOH Value
114471
Tax Legal Description
AN IRREG 16.59 ACRE TR IN FRAC N 1/2 OF NE 1/4 OF SEC 31 N OF ALDERMAN ROAD 31-36-30/21 16.59 ACRES -LAKE CLAY-
Assessor Market Value
114471

Status Change Information

Major Change Timestamp
2026-06-11T17:59:14Z
Major Change Type
Price Change
Price Change Timestamp
2026-06-11T17:59:14Z
Status Change Date
2024-07-16

More Information

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Inc/Exp Statement Period
na

Section Details

Parcel Number MLX
0000

Originating Details

Originating System Key
584992001
Originating System ID
M00000170
IDX
Listing Office: Advantage Realty #1
Last Updated: September - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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