2105 S US 27 HWY S new Save Request In-Person Tour Request Virtual Tour
Lake Placid,FL 33852
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $1,947
Subdivision An Irreg 4.197 Acre Tract Being 182 Ft Along Nely
MLS Listing ID L4954869
Year Built 2008
Annual Tax Amount $3,373
Lot Size 6.030 Acres
Property Sub-Type Multi Family
Property Description
Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1,540 sq. ft. living space) and four two-story units (3 beds, 2.5 baths, about 1,534 sq. ft. living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1,565 sq. ft. of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.
Location
State FL
County Highlands
Community An Irreg 4.197 Acre Tract Being 182 Ft Along Nely
Area 33852 - Lake Placid
Zoning R3FUD
Interior
Heating Central
Cooling Central Air
Flooring Tile
Laundry Laundry Room
Exterior
Exterior Feature Balcony,Lighting,Private Mailbox,Rain Gutters
Parking Features Driveway,Guest,Open
Community Features Street Lights
Utilities Available Cable Available,Electricity Connected,Sewer Connected,Sprinkler Well,Water - Multiple Meters,Water Connected
Waterfront Description Canal - Freshwater,Lake Front
View Y/N Yes
Water Access Yes
View Water
Roof Type Tile
Building
Lot Description In County,Irregular Lot,Landscaped,Paved
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4954869