Back 1349 US-27 North
Off Market

1349 US-27 North

Lake Placid FL 33852

304920 sq. ft.
Land
Last sold for $799,900
Greg KarlsonGreg Karlson, last sold this property on 25 November 2025 after 544 days on market.

Overview

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.

Features

304920 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lake Placid over the last 12 months, the estimated median property value of 1349 US-27 North is $14k.

Median value
$14k
Estimated value range
$2k - $1.48m
Median days on market
65
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Placid. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1349 US-27 North

2025
Sold
$799,900
25 Nov 2025 by Greg Karlson, of ADVANTAGE REALTY 1

Happy sellers in Lake Placid

92%
92% of sellers in Lake Placid reported that their sale price either exceeded or met their price expectations.

Lake Placid stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Lake Placid over the last 12 months.

Local market activity for land plots in Lake Placid

In the last 12 months, 318 land plots similar to 1349 US-27 North, have been sold.

This represents a 34% increase in land plots sales when compared to the previous 12 months.

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