About This Home

This 0-bedroom, 0-bathroom commercial at 123 Us 27 Highway N in Lake Placid, FL is listed for $499,900. on a 0.26 acres lot.

Key Features

  • 0.26 acre lot
Listing Description

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 availab

ility 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.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

123 Us 27 Highway N

Lake Placid, FL 33852

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 123 Us 27 Highway N is listed at $499,900. The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.26 acre lot.

This property is listed by Gregory Karlson.

GK

Gregory Karlson

Agent at Advantage Realty

Listed by Advantage Realty · Broker phone: (863) 386-0303 · Broker website

MLS# 325306· Source: Heartland Multiple Listing Service, Inc.· 171 days on PropertySimple

Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 Us 27 Highway N, Lake Placid, FL 33852

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