Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

123 US 27 N

Lots/Land For Sale
$499,900

BTC: 5.83177788

ETH: 188.64150943

118 days
0 room(s)

Overview

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.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.28 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Highlights

Annual tax
$1,321
2025
All facts and features
  • Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: P31363004000000100

    • Zoning: C1

  • Type and style

    • Property Type: Land

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $1,321

  • Source details

    • MLS ID: L4962444

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 50 x 120

    • Subdivision Name: EAST SIDE ADD

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.

More like this

-$4K
For Sale
$440,000
House
3 bds · 2 ba · 1,692 sqft
LAKE BLUE ESTATES SUB, LAKE PLACID
619 LAKE BLUE DRIVE
For Sale
$415,000
House
3 bds · 2 ba
SUN N LK LP UNIT 19, Lake Placid
812 Lake Betty Dr, Lake Placid FL 33852
For Sale
$350,000
House
4 bds · 4 ba
LAKE JUNE POINTE, Other City - In The State Of Florida
135 SUNSET POINTE BLVD, Other City - In The State Of Florida FL 33852
For Sale
$425,000
House
3 bds · 2 ba · 1,336 sqft
SUN N LK LP UNIT 19, Lake Placid
844 LAKE BETTY Drive, Lake Placid FL 33852
For Sale
$639,000
House
3 bds · 3 ba · 2,226 sqft
SUN N LAKES, LAKE PLACID
186 MANDOLIN DRIVE
-$31K
For Sale
$499,000
House
4 bds · 2 ba · 1,804 sqft
Lake McCoy, Lake Placid
137 McCoy Dr, Lake Placid FL 33852
For Sale
$449,900
House
3 bds · 2 ba · 2,361 sqft
Lake Huntley, Lake Placid
188 HUNTLEY OAKS Boulevard, Lake Placid FL 33852
For Sale
$449,900
House
3 bds · 2 ba · 2,361 sqft
WATERSEDGE SUB, LAKE PLACID
188 HUNTLEY OAKS BOULEVARD

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. 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: ADVANTAGE REALTY 1