2105 S US 27 Highway S, Lake Placid FL 33852

For Sale

$2,999,000

BTC: 47.60317460

ETH: 1,717.64032073

307 days

Waterfront

For Sale

0 room(s) •

1,540 sqft

Overview

6.05-acre waterfront property on Lake Grassy with frontage on Highway 27. Includes a 9-unit complex built in 2008: five single-story (2 beds, 2 baths) and four two-story units (3 beds, 2.5 baths). Fully paved roads, utilities, and a valid wastewater permit through 2029 make this a shovel-ready project. Approved plans for 42 additional 3-bed, 2.5-bath units (approx. 1,565 sq. ft.) can be adapted to suit your vision. Also features space for a community pool. Existing income-producing units, highway visibility, and water access make it an ideal turnkey opportunity for developers or investors

Location

Florida • Lake Placid • 33852 • For Sale • Waterfront

Details

Type:

Residential Income

Parking:

No Data

Year Built:

2008

Lot:

No Data

Heating:

Central

Price/sqft:

$1,947

Cooling:

Central Air

HOA:

No Data

Type:

Residential Income

Parking:

No Data

Year Built:

2008

Lot:

No Data

Heating:

Central

Price/sqft:

$1,947

Cooling:

Central Air

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$309,000

$278K – $1.9M

Confidence Low

List vs. estimate

$2.7M above estimate

List $2,999,000 · +870.6%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$1,947

+864.2% vs. city median $201

Based on

5 MLS comparables

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$25,876

2024

Waterfront

Canal Front, Lake

Parking

51 spaces

All facts and features

Flooring

• Tile

Heating

• Central

Cooling

• Central Air
Other Property Information

• Parcel Number: C-20-37-30-A00-0060-0000

• Zoning: R3FUD
Type and style

• Property Type: Residential Income

• Property Sub Type: Income/MultiFamily
Other financial information

• Annual tax amount: $25,876
Source details

• MLS ID: A11850925

Other facts

• Construction Materials: Concrete Block Construction

• Lot Features: 5 To Less Than 10 Acre Lot

• Window Features: Single Hung Metal

• Architectural Style: Attached

• Waterfront: Yes

• Living Area: 1540

• Water Source: Municipal Water

• Subdivision Name: US 27 COUNTY RD 17 TO SR 7

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Hammock Realty

2105 S US 27 Highway S, Lake Placid FL 33852

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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