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Land for sale at 123 US 27 N, Lake Placid, FL 33852 | MLS# L4962444 | Listing updated on 2026-06-09
Photo 1 of Land for sale at 123 US 27 N, Lake Placid, FL 33852 | MLS# L4962444 | Listing updated on 2026-06-09
Photo 2 of Land for sale at 123 US 27 N, Lake Placid, FL 33852 | MLS# L4962444 | Listing updated on 2026-06-09
Photo 3 of Land for sale at 123 US 27 N, Lake Placid, FL 33852 | MLS# L4962444 | Listing updated on 2026-06-09
Photo 4 of Land for sale at 123 US 27 N, Lake Placid, FL 33852 | MLS# L4962444 | Listing updated on 2026-06-09
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$499,900

Monthly Est:$2,488

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon12,000sqft lot

123 US 27 N, Lake Placid, FL 33852

$2,488/moEst:

Get Pre-Approved

  • Land

  • Built in -

  • $-- HOA

  • 12,000 sqft lot

  • $42/sq.ft

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: June 9, 2026 at 12:47 am
  • Listing Provided by: Gregory Karlson (863) 381-4932 | ADVANTAGE REALTY 1 (863) 386-1111
  • Source: Stellar MLS-FL | MLS#: L4962444 Stellar MLS-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Highlands County

  • City

    Lake Placid

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    12,000 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Stellar MLS

  • MLS Number

    L4962444

  • MLS Status

    Active

  • Days on Market

    116

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Public Sewer

Utilities & Energy

  • Utilities

    Other

  • Water Source

    Public

Other Features

  • Subdivision Name

    East Side Add

Price History

DateEventPrice

06/08/2026

Source: #MFRL4962444

Listed for Sale

$499,900

$0/sqft

Nearby Homes

Based on information from Stellar MLS® through Oct 02, 2026, 09:00AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.

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