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2105 S US 27 HWY S, LAKE PLACID, FL, 33852

$ 2,999,000.00
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7 months, 1 week

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2105 S US 27 HWY S, LAKE PLACID, FL, 33852

bed -- Beds
bed -- Bath
bed 262415 Sq.Feet
bed -- Beds
bed -- Bath
bed 262415 Sq.Feet

$ 2,999,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-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.
InteriorFeatures:-Ceiling Fans(s), Primary Bedroom Main Floor
Directions:- FROM HWY 27 S TO LEFT ON STEPHENS DR TO LEFT ON CORONADO CT PROPERTY IS ON THE LEFT
Appliances:-Dishwasher, Microwave, Range, Refrigerator

Property details

Cooling

Central Air

Living Area

1540 Square Feet

Constr. Materials

Concrete

Total Area

1680 Square Feet

Original List Price

$2,999,000.00

Private Pool

No

Fire place

No

Roof

Tile YearBuilt

Exterior Features

Balcony, Lighting, Private Mailbox, Rain Gutters

Days On Market

106

YearBuilt

2008

Flooring

Tile

Heating

Central

Lot Features

In County, Irregular Lot, Landscaped, Paved

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Property Price

Date Event Price Price/Sq Ft Source
16/05/2026 Active $2999000 1947.4 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
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