# 123 Us 27 Highway N, Lake Placid, FL 33852 > **TL;DR:** commercial, $499,900. Est. $2,674/mo. Listed 173 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $499,900 | | Lot Size | 11,326 sqft (0.26 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 173 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,528 | | Estimated Insurance | $146 | | **Total** | **$2,674** | ## Property Highlights - 0.26 acre lot ## Description ### Agent 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 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. ## Location - **Address:** 123 Us 27 Highway N, Lake Placid, FL 33852 - **County:** Highlands - **Coordinates:** 27.298672, -81.358009 - **Google Maps:** https://www.google.com/maps?q=27.298672,-81.358009 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/heartland/325306 ## Listing Agent - **Name:** Gregory Karlson - **Brokerage:** Advantage Realty - **Broker Phone:** (863) 386-0303 ## Photos ![123 Us 27 Highway N - Photo 1](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2676612902r.jpg) ![123 Us 27 Highway N - Photo 2](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2676612902r.jpg) ![123 Us 27 Highway N - Photo 3](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2433475262r.jpg) ![123 Us 27 Highway N - Photo 4](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2430725340r.jpg) ![123 Us 27 Highway N - Photo 5](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f3451312875r.jpg) ![123 Us 27 Highway N - Photo 6](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f3264635700r.jpg) ![123 Us 27 Highway N - Photo 7](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2063196175r.jpg) ![123 Us 27 Highway N - Photo 8](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f1519149073r.jpg) ![123 Us 27 Highway N - Photo 9](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f1478596400r.jpg) ![123 Us 27 Highway N - Photo 10](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2926708132r.jpg) ![123 Us 27 Highway N - Photo 11](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f3552337693r.jpg) ![123 Us 27 Highway N - Photo 12](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f1657196705r.jpg) ![123 Us 27 Highway N - Photo 13](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2784393401r.jpg) ![123 Us 27 Highway N - Photo 14](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f3015176491r.jpg) ![123 Us 27 Highway N - Photo 15](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f2967850630r.jpg) ![123 Us 27 Highway N - Photo 16](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f3671463362r.jpg) ![123 Us 27 Highway N - Photo 17](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f1820637518r.jpg) ![123 Us 27 Highway N - Photo 18](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f422997507r.jpg) ![123 Us 27 Highway N - Photo 19](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f789679218r.jpg) ![123 Us 27 Highway N - Photo 20](http://lh.rdcpix.com/bd91aa8e5fd04bc0e3e2f9117af0c179l-f1894111582r.jpg) --- **MLS#:** 325306 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/123-us-27-highway-n-lake-placid-fl-33852-d273febb858d4483a8bbce1cbbd46018) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/123-us-27-highway-n-lake-placid-fl-33852-d273febb858d4483a8bbce1cbbd46018#listing", "url": "https://www.propertysimple.ai/listing/123-us-27-highway-n-lake-placid-fl-33852-d273febb858d4483a8bbce1cbbd46018", "name": "123 Us 27 Highway N, Lake Placid, FL 33852", "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. 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