1174 US 27 N, Lake Placid, FL (MLS# B26087582)

1174 US 27 N, Lake Placid, FL

$399,000
Property Type: Commercial Sale Square Footage: 1,597 Status: Active
Current Price: $399,000 List Date: 10/13/2026 Last Modified: 11/09/2026

Overview

Description

1174 US Highway 27 N offers a versatile commercial opportunity in Lake Placid. Situated on approximately 0.88 acres, the property features a concrete block building, direct highway frontage and access, excellent visibility, city water, and septic. B3 zoning allows a variety of commercial uses, including retail, automotive services, contractor shops, restaurants, warehousing, and storage, subject to applicable requirements. Potential for a small medical practice is subject to verification of permitted use and occupancy requirements. Ideal for owner-users or investors seeking to establish a business, renovate, or reposition the site, with convenient access to Sebring, Avon Park, and surrounding communities.

Listing Details MLS# B26087582

General Property Information

Property Sub Type
Retail
Building Area Main
1597
Building Area Source
Public Records
Adjusted Area Main
1597
Year Built
1967
Parking Total
2550
Lot Size Area
39083
Lot Size Acres
0.9
Accessibility Features YN
No
Stories Total
Yes

Property Features

Documents Available: Other Electric: Other Foundation Details: Slab Heating: Other Location of Property: City Location Parking Features: Accessible Parking Possession: Other Property Condition: Resale Special Listing Conditions: Standard Construction Materials: CBS Cooling: Other Listing Terms: Other Lot Features: Oversized Lot Roof: Aluminum Security Features: Other Sewer: Septic Tank Utilities: Electricity Available; Water Available Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
399000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Highlands
Street Number
1174
Street Name
US 27
Street Direction Suffix
N
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33852
Postal Code +4
5684
Area
5940 - Other Florida County
Geographic Area
Other
Parcel Number
P253629a0000800000
Zoning
B3
Flood Zone
X
Property Description
STORES, ONE STORY

Financial Information

Tax Annual Amount
5191.16
Tax Year
2025
Tax Assessed/SOH Value
269880
Tax Legal Description
A 150 X 323.22 FT TR AS MEAS ALONG R/W OF US HWY 27 ALONG E BDRY OF SEC 27 -HWY PATROL STA- .88 ACRES
Assessor Market Value
269880

Status Change Information

Major Change Timestamp
2026-10-13T12:52:45Z
Major Change Type
New Listing
Status Change Date
2026-10-13

More Information

Meter Information

Separate Electric Meters YN
No
Separate Gas Meters YN
No
Separate Water Meters YN
No

Originating Details

Originating System Key
20261013122700675423000000
Originating System ID
M00000170
IDX
Listing Office: Illustrated Properties
Source MLS Verified
Last Updated: November - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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