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Commercial - for Sale

1349 US 27, LAKE PLACID, FL 33852

Asking Price$799,900

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  • Days on market:

    49 day(s)
  • Tax Legal Description:

    W 885.49 FT OF E 2165.2 FT N + E OF US 27 R/W IN NE 1/4 7.0 AC
  • Tax Year:

    2023
  • Property Type:

    Commercial
  • Sewer Description:

    None
  • Lot Features:

    5 To Less Than 10 Acre Lot

Description

$799,900

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! don’t 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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