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$1,350,000

0 Beds 0 Baths 0 SQFT 23.25 Acres
Type: Land

300 SR-70 E
LAKE PLACID, FL 33852

MLS#: L4962198
Gage Hartman
Gage Hartman
The Real Estate Advantage
Phone: 218.821.0998
Office: 952.470.7600
Presented by: ADVANTAGE REALTY 1 with 863-386-1111. - 863-386-1111

Property Description

 

Over 23 acres, high and dry, and less than a quarter mile east of the rapidly expanding crossroads of U.S. Highway 27 and State Road 70. With the upcoming expansion and 4-laning of SR 70, the rumored truck stop coming in at the northeast quadrant of the intersection, the nearby winery, industrial park across U.S. 27 to the west and brand-new golf resort a stone's throw to the south, this parcel is directly in the crosshairs of the explosive growth expected at this intersection and environs, with all the sequelae you might expect, and have seen countless times before as growth occurs at similar crossroads and hubs. Property has upside potential for continued nursery operations, U-pick vegetables and berries, a winery/brewery/distillery or eventual retail and/or housing -- all while the influx of traffic, homes and businesses accelerates your capital appreciation if current trends continue. Site already has office, shade houses and related structures, wells, irrigation and all the infrastructure associated with a nursery, much of which could be utilized for other purposes. Other properties are available in the immediate vicinity, some already zoned for RV and mobile home parks, and adjacent properties are potentially available as well. Current zoning is agricultural and would require a change or special exception for some of the potential uses. Seize this opportunity while the seller is still willing to part with this property and its tremendous potential - especially at this price! See video link in virtual tour.


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityLAKE PLACID
CountyHighlands
Current UseAgricultural
DirectionsFrom Lake Placid, proceed south on US 27 to the intersection of State Road 70. Turn left (east) and proceed roughly 1300 feet. Entrance is to your left (north) on the west side of the property.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionE 853 FT OF W 873 FT OF N 1187 FT M/L OF S 1242.4 FT OF W 1/2 OF E 1/2 SEC 33 33-37-30/1.2 23.25 ACRES
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet1,012,770 sqft
Lot Size UnitsAcres
MLS Area33852 - Lake Placid
OwnershipFee Simple
PossessionClose Of Escrow
Property TypeLand
SewerSeptic Tank
Standard StatusActive
StatusActive
Tax Annual Amount$3,061
Tax Year2025
UtilitiesOther
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningAU

Exterior

Lot Dimensions858 x 1190
Lot Size Acres23.25
Lot Size Area23 sqft
Road Surface TypePaved
Water SourceNone
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

$1,350,000

0 Beds 0 Baths 0 SQFT 23.25 Acres
Type: Land

300 SR-70 E
LAKE PLACID, FL 33852

MLS#: L4962198
Gage Hartman
Gage Hartman
The Real Estate Advantage
Phone: 218.821.0998
Office: 952.470.7600