LAKE PLACID, FL 33852 123 US 27 N

123 US 27 N LAKE PLACID, FL - Image 1123 US 27 N LAKE PLACID, FL - Image 2123 US 27 N LAKE PLACID, FL - Image 3
11 more
123 US 27 N LAKE PLACID, FL - Image 4123 US 27 N LAKE PLACID, FL - Image 5123 US 27 N LAKE PLACID, FL - Image 6123 US 27 N LAKE PLACID, FL - Image 7123 US 27 N LAKE PLACID, FL - Image 8123 US 27 N LAKE PLACID, FL - Image 9123 US 27 N LAKE PLACID, FL - Image 10123 US 27 N LAKE PLACID, FL - Image 11123 US 27 N LAKE PLACID, FL - Image 12123 US 27 N LAKE PLACID, FL - Image 13123 US 27 N LAKE PLACID, FL - Image 14123 US 27 N LAKE PLACID, FL - Image 15
Presented By: ADVANTAGE REALTY 1 with 863-386-1111. - 863-386-1111
  • MLS# L4962444
  • 06/03/2026
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.

Home Details

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

Steven Pugh

Broker Associate | Team Leader
Price $499,900
MLS#L4962444
List Date 06/03/2026
Property Type Land
Request Tour
Request Info
Visit My Website

Similar Properties to 123 US 27 N

MLS® Disclaimer

MLS Logo Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

33. Required DMCA Notice

DMCA Disclaimer

The Digital Millennium Copyright Act of 1998, 17 U.S.C. §512, the DMCA, provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.