2105 S Us 27 Highway S, Lake Placid, FL 33852
Local realty services provided by:Bingham Realty ERA Powered
Listed by:lazaro martinez
Office:hammock realty llc.
MLS#:L4954869
Source:MFRMLS
Price summary
- Price:$2,999,000
- Price per sq. ft.:$1,785.12
About this home
Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1,540 sq. ft. living space) and four two-story units (3 beds, 2.5 baths, about 1,534 sq. ft. living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1,565 sq. ft. of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.
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Home facts
- Year built:2008
- Listing ID #:L4954869
- Added:64 day(s) ago
- Updated:October 05, 2025 at 11:45 AM
Rooms and interior
- Living area:1,540 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Tile
- Year built:2008
- Building area:1,540 sq. ft.
- Lot area:6.02 Acres
Utilities
- Water:Public, Water - Multiple Meters, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,999,000
- Price per sq. ft.:$1,785.12
- Tax amount:$3,374 (2024)
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