Land - Real Estate in Lake Placid
Listing Price: $799,900
Description of Property
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.
Property Details At A Glance
Property Type: Land
City: Lake Placid
County: Highlands
Annual Tax: $20
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Waterfront Info
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Water Access: Not specified
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Exterior & Construction
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- Electricity Available
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- Sprinkler Well
- Water Available
Sewer: None
Water Source: None
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Lot Information
Lot Features:
- Buildable
- Cleared
- City Lot
- Irregular Lot
Lot Size (acres): 7
Lot Size (sq. ft.): 304,920 square feet
Lot Dimensions: 1121 x 885
Road Frontage: Street Paved, Highway
Front Exposure: West
Adjoining Property:
Current Adjacent Use: Multi-Family
Legal Description & Other Information
Financing Available: Cash
Parcel Number: P253629A0001400000
Zoning: B3
Tax Legal Desc.: W 885.49 FT OF E 2165.2 FT N + E OF US 27 R/W IN NE 1/4 7.0 AC
Section: 25
Range: 29E
Listing courtesy of ADVANTAGE REALTY 1. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This 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 accurate by the MLS.
