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1349 Us 27 Highway N

Lake Placid, FL 33852
  • $850,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 294754
$850,000
  • 0
    BEDS
  • 7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from AdventHealth Lake Placid Hospital! Full Median Turn, DOT curb cuts in place with 1120+-Front Ft on US Hwy 27 & all utilities to the adjacent ALF makes this an easy & potentially very profitable development. The many complementary uses to ALF & Hospital are: Cancer Center, Dialysis, Psychological, Hearing Aid,etc. This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf of land cost to the bld(s) which is $35 below market! Dont miss out on this exceptional opportunity. Develop to lease out for long term income, condo units & sell to the tenants after all your depreciation has been taken for even higher returns.

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© 2023 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2023-09-21T23:42:22.063.
www.comptonrealty.com/homes/139964823
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1349 Us 27 Highway N Lake Placid, FL 33852

  • Price: $850,000
  • Status: Active
  • On Site: 117 Days
  • MLS #: 294754
0
Beds
0
Baths
0
½ Baths
7
Acres
County:
Highlands
Area:
Highlands
Property Description
Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from AdventHealth Lake Placid Hospital! Full Median Turn, DOT curb cuts in place with 1120+-Front Ft on US Hwy 27 & all utilities to the adjacent ALF makes this an easy & potentially very profitable development. The many complementary uses to ALF & Hospital are: Cancer Center, Dialysis, Psychological, Hearing Aid,etc. This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf of land cost to the bld(s) which is $35 below market! Dont miss out on this exceptional opportunity. Develop to lease out for long term income, condo units & sell to the tenants after all your depreciation has been taken for even higher returns.
Exterior Features

Lot Features City LotPublic Road Road Surface Type Paved

Property Features

Association YN No Current Use Unimproved Frontage Length 1121 Property Sub Type Business Special Listing Conditions None Tax Annual Amount 18.83 Tax Year 2022 Utilities None Zoning Description B3

Listing provided by Advantage Realty #1: 863-386-0303: 863-386-0303.


© 2023 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2023-09-21T23:42:22.063.
 
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Compton Realty
518 US 27 South
Lake Placid FL, 33852