Active

123 Us 27

LAKE PLACID, FL 33852
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SqFt12,000

Sqft(Lot)

Acres0.28

Acre(Lot)

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 build ing, 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.

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Detail Ic Property Details

Property Type : Land

Price : $499,900

AD Id : 81544614

MLS Id : MFRL4962444

Lot Size : 0.28 Acre(Lot)

Living Area Size : 12,000

County : Highlands

Subdivision: Port Charlotte Sub 24

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 50x120 Lot Square Feet: 12000 Lot Acres: 0.28 Lot Size (SqMt): 1115

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$499900

  • Tax Information

    Tax Block: 100 Tax Book Number: 4-19 Tax Lot: 10 Tax Legal Description: EAST SIDE ADDITION PB 4-PG 19 LOTS 10 + 11 Annual Tax: $1321.28 Tax Year: 2025 Parcel Number: P-31-36-30-040-0000-0100

  • Utility Information

    Other Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: EAST SIDE ADD City: LAKE PLACID Direction: from Hammock Rd, Head South on US Hwy 27 to Lake Placid, FL, Property on left next to LP Dunkin
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
127 Briarpatch Dr, Lake Placid, FL, 33852 $14,000 -- -- -- 10,000 Sqft(Lot)
227 Pershing Ave, Lake Placid, FL, 33852 $9,999 -- -- -- Acres (Lot)--
235 Pershing Ave, Lake Placid, FL, 33852 $21,200 -- -- -- Acres (Lot)--
221 Rainbow Drive, Lake Placid, FL, 33852 $19,500 -- -- -- 10,019 Sqft(Lot)
459 Washington Boulevard, Lake Placid, FL, 33852 $35,000 -- -- -- 22,500 Sqft(Lot)
760 Rainwater Avenue, Lake Placid, FL, 33852 $19,500 -- -- -- 10,019 Sqft(Lot)
1013 Tennyson St., Lake Placid, FL, 33852 $18,999 -- -- -- 22,800 Sqft(Lot)
328 Claverton Drive, Lake Placid, FL, 33852 $19,500 -- -- -- 9,000 Sqft(Lot)
519 Washington Boulevard, Lake Placid, FL, 33852 $15,000 -- -- -- 11,250 Sqft(Lot)
414 Pershing Avenue, Lake Placid, FL, 33852 $15,000 -- -- -- 11,646 Sqft(Lot)
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ByOwner last updated this listing 06/11/2026 @ 18:20

MLS: MFRMLS #L4962444 LISTED BY: Gregory Karlson, ADVANTAGE REALTY 1 863-386-1111 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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