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$3,250,000
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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 expected Amazon Fulfillment Center. 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 and assisted living/nursing care. Seven additional acres zoned B3 available directly across the highway. This is Ground Zero not only for medical facilities, but for the boom expected to accompany the progress of the Amazon Fulfillment Center with its concomitant effect on surrounding property availability and value. As the Amazon facility progresses, 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!
Full Property Details
Full Property Details for 1346 US 27 Hwy N
General
- Price: $3,250,000
- Taxes: $24,883 (2023)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: L4949407
- Updated: 12/13/2024
- Added to Site: 14 day(s) ago
Parking
- Parking Features: Over 30 Spaces
Location
- Area: 33852 - Lake Placid
- County: Highlands
- Development Name: 33852 - Lake Placid
- Driving Directions: From 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.
Community
- Community Name: 33852 - Lake Placid
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 3
- Exterior Const.: Other
- Square Feet: 7,874
- Year Built: 1989
Lot Features
- Lot Size (Acres): 10.07
- Lot Size (Sq. Ft.): 438,649
- Lot Size: 10.07
- Frontage: Access Road, Divided Highway, Main Throrughfare, Private Road, Turn Lanes
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $24,883.12
- Tax Year: 2023
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: A 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
- Flood Zone Info: X
- APN: P253629A0000700030
- Property ID: P253629A0000700030
- Block/Lot/Section: 15/81
Listed by Advantage Realty 1
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Schools
Schools serving 1346 US 27 Hwy N
School District:Highlands County School District
Rating | Name | Grades | Distance |
---|---|---|---|
101 Green Dragon Dr, Lake Placid, FL 33852 | PK-5 | 2 mi | |
201 S Tangerine Ave, Lake Placid, FL 33852 | 6-8 | 1.9 mi | |
202 Green Dragon Dr, Lake Placid, FL 33852 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1346 US 27 Hwy N
Date
Details
Price
Change
Source
12/12/2024
Listed
$3,250,000
333.33%
MLS
7/19/2021
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1346 US 27 Hwy N
Year
Property Taxes
Change
Tax Assessment
Change
2023
$24,883
3843%
$1,548,626
36%
2021
$631
-97%
$1,134,857
-12%
2022
$22,519
3469%
$1,282,912
18%
2021
$631
15%
$1,091,726
3%
2019
$551
-90%
$1,056,929
1%
2018
$5,734
5%
$1,042,773
3%
2017
$5,466
5%
$1,016,143
3%
2016
$5,193
8%
$984,284
10%
2015
$4,791
—
$891,359
1%
2014
$4,781
10%
$883,367
—
2013
$4,365
—
$884,698
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1346 US 27 Hwy N
1346 US 27 Highway N, Lake Placid, FL 33852 (MLS# L4949407) is a Commercial property. 1346 US 27 Highway N is currently listed for $3,250,000 and was received on December 12, 2024. Want to learn more about 1346 US 27 Highway N? Do you have questions about finding other Commercial real estate for sale in Lake Placid? You can browse all Lake Placid real estate or contact a Coldwell Banker agent to request more information.