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$2,250,000

0 Beds 0 Baths 7,874 SQFT 10.08 Acres
Type: Commercial

1346 US 27 HIGHWAY N
LAKE PLACID, FL 33852

MLS#: L4949407
April Schafer
April Schafer
The Real Estate Advantage
Agent
Phone: 651.329.7260
Office: 952.226.7700
Presented by: ADVANTAGE REALTY 1 with 863-386-1111. - 863-386-1111

Property Description

 

Over 10 acres of prime US Highway 27 frontage. Three existing buildings w/ total of 7874 sq ft, built as model homes for neighboring gated community, previously used as medical offices and maintained in good, clean condition, with 40 paved parking spaces as currently configured. Advent Health hospital, medical offices and Health & Rehabilitation Center adjacent to the south. Upscale, gated Tomoka Heights community adjacent to the north and west. 1/5 mile highway frontage opposite the new Amazon facility. Dedicated highway crossover with deceleration lanes in both directions. Private road south to hospital and S. Tomoka Boulevard, which is expected to be extended across US 27 to the Amazon property, complete with signalized intersection. Existing R3 zoning permits - among many other uses - medical and professional offices, single and multi-family housing, apartments, condos, hotels/motels with or without restaurants, and assisted living/nursing care. This is Ground Zero not only for medical facilities, but for the boom expected to accompany the progress of the Amazon center, with its concomitant effect on surrounding property availability and value. As the Amazon facility evolves and its employees need housing and ancillary industries and businesses seek a foothold, the owner of this property will be in a most enviable position. Seize this opportunity now, before its price reflects its surroundings and its potential! Southern 5 acres of this parcel also available separately.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityLAKE PLACID
Construction MaterialsOther
CoolingCentral Air
CountyHighlands
DirectionsFrom Sebring, proceed south on US 27 toward Lake Placid. Entrance is 800 feet south of N Tomoka Blvd, and 1100 feet north of S Tomoka Blvd and the main entrance to Advent Health Lake Placid hospital. Property can also be accessed by private road to the north from S Tomoka Blvd.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionA 10.08 ACRE TR ON SW R/W OF US HWY 27 SE OF TOMOKA HTS SEC 1 + 575 FT N OF TOMOKA BLVD SOUTH LESS A 20 X 196.75 FT STRIP IN SE COR AND A 20 X 197.4 FT STRIP ON NW SIDE OF LOT 1 TOMOKA HTS PROF PARK PB 15 PG 81 25-36-29/7-3 10.07 ACRES
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet439,085 sqft
Lot Size UnitsAcres
MLS Area33852 - Lake Placid
New ConstructionNo
OwnershipOther
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Tax Annual Amount$24,883
Tax Lot1
Tax Year2023
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1989
ZoningR3

Exterior

Building Area Total7,874 sqft
Foundation DetailsOther
Lot Size Acres10.08
Lot Size Area10 sqft
Number of Buildings3
Parking FeaturesOver 30 Spaces
Road Frontage TypeAccess Road, Divided Highway, Main Throrughfare, Private Road, Turn Lanes
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$2,250,000

0 Beds 0 Baths 7,874 SQFT 10.08 Acres
Type: Commercial

1346 US 27 HIGHWAY N
LAKE PLACID, FL 33852

MLS#: L4949407
April Schafer
April Schafer
The Real Estate Advantage
Agent
Phone: 651.329.7260
Office: 952.226.7700