SoldNov 25, 2025

Listed and Bought with Greg Karlson from ADVANTAGE REALTY 1

Source: Stellar MLS #L4945094

1349 US-27 North, Lake Placid, FL, 33852

$799,900

304920 sq. ft.

Land

30+ days on the market

Sold: Nov 25, 2025

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About this 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.

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