123 Us 27 N, Lake Placid, FL 33852
Local realty services provided by:ERA American Suncoast
Listed by: gregory karlson
Office: advantage realty 1
MLS#:L4962444
Source:MFRMLS
Price summary
- Price:$499,900
About this home
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....
Contact an agent
Home facts
- Subdivision & Development:EAST SIDE ADD
- Listing ID #:L4962444
- Added:67 day(s) ago
- Updated:August 15, 2026 at 04:32 PM
Structure and exterior
- Lot area:0.28 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Tax amount:$1,321 (2025)
Features and amenities
- Pool features:Public Pool
New listings near 123 Us 27 N
- New
$10,900Active0.2 Acres267 Rhythm Drive, LAKE PLACID, FL 33852
MLS# TB8538877Listed by: ONE MUNDO REALTY INC. - New
$10,900Active0.2 Acres265 Rhythm Dr, LAKE PLACID, FL 33852
MLS# TB8539185Listed by: ONE MUNDO REALTY INC. - New
$10,900Active0 Acres955 Ridge St, Lake Placid, FL 33852
MLS# A12071783Listed by: ONE MUNDO REALTY INC. - New
$10,900Active0 Acres953 Ridge St, Lake Placid, FL 33852
MLS# A12071786Listed by: ONE MUNDO REALTY INC. - New
$18,900Active0 Acres105 Citation St, Lake Placid, FL 33852
MLS# A12071381Listed by: INVESTMENT REAL ESTATE - New
$15,900Active0 Acres615 Wildflower Street, Lake Placid, FL 33852
MLS# A12071397Listed by: INVESTMENT REAL ESTATE - New
$8,900Active0 Acres722 Ronnie Lane, Lake Placid, FL 33852
MLS# A12071449Listed by: INVESTMENT REAL ESTATE - New
$4,900Active0 Acres541 Carousel Lane, Lake Placid, FL 33852
MLS# A12071484Listed by: INVESTMENT REAL ESTATE - New
$9,900Active0 Acres348 Sandpiper St, Lake Placid, FL 33852
MLS# A12071521Listed by: INVESTMENT REAL ESTATE - New
$290,000Active3 beds 2 baths1,575 sq. ft.114 Highlands Lake Drive, Lake Placid, FL 33852
MLS# 2026033918Listed by: BRANCH REALTY GROUP INC