LAKE PLACID, FL 33852 123 US 27 N

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Presented By: ADVANTAGE REALTY 1 with 863-386-1111. - 863-386-1111
  • MLS# L4962444
  • 06/03/2026
  • Request Tour
  • Request Info

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Prime Highway Commercial Opportunity – Nearly Build-Ready Retail Site in the Heart of Lake Placid Position your brand in one of Lake Placid’s fastest-growing retail corridors. This high-visibility US 27 commercial site is surrounded by established national franchises and major traffic drivers including Dunkin’, T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef ‘O’ Brady’s, Anytime Fitness, and the upcoming Culver’s development — creating a powerful retail synergy and built-in customer flow. This C-1 zoned commercial parcel is uniquely positioned for franchise operators, developers, and retail users seeking a near shovel-ready opportunity with significant upfront development work already completed. The property includes previously approved plans for a ±3,200 SF restaurant/retail building, along with survey, utility planning, and sewer engineering already in place. A Florida DEP permit has already been issued for the wastewater collection/transmission system improvements, including lift station and force main infrastructure — dramatically reducing development timelines and helping accelerate the path to construction. Why Franchise Site Selectors Should Move Quickly: Prime frontage and visibility on busy US Highway 27 Co-tenancy with nationally recognized retailers and restaurants Strong demographic growth and regional draw area Utilities and sewer planning substantially advanced Existing permitted site/building plans save valuable time and costs Limited availability of franchise-ready commercial parcels in this corridor Central Highlands County location with access to Tampa, Orlando, Sarasota, and South Florida markets Whether you envision quick-service restaurant, medical, retail, specialty food, or service-oriented commercial use, this site offers a rare combination of location, momentum, and development readiness that is increasingly hard to find in today’s market. Opportunities with this level of entitlement progress and surrounding franchise momentum are becoming scarce — secure your position before the next national brand does.
Presented By: ADVANTAGE REALTY 1 with 863-386-1111. - 863-386-1111

Interior Features for 123 US 27 N

Bathrooms

Total Baths

General for 123 US 27 N

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLAKE PLACID
CountyHighlands
Current UseCommercial
Directionsfrom Hammock Rd, Head South on US Hwy 27 to Lake Placid, FL, Property on left next to LP Dunkin
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionEAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet12000
Lot Size UnitsSquare Feet
MLS Area33852 - Lake Placid
OwnershipFee Simple
PossessionClose Of Escrow
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameEAST SIDE ADD
Tax Annual Amount1321.28
Tax Lot10
Tax Year2025
UtilitiesOther
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningC1

Exterior for 123 US 27 N

Lot Dimensions50 x 120
Lot Size Acres0.28
Lot Size Area12000
Road Surface TypePaved
Water SourcePublic
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

Angela Sax

Realtor®
Price $499,900
MLS#L4962444
List Date 06/03/2026
Property Type Land
Phone 754.900.9416
Request Tour
Request Info
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