$2,999,000

$1947/sq ft

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Overview

Year Built

2008

Sqft

1540

Property Type

Income/MultiFamily

Property Description

6.05-acre waterfront property on Lake Grassy with frontage on Highway 27. Includes a 9-unit complex built in 2008: five single-story (2 beds, 2 baths) and four two-story units (3 beds, 2.5 baths). Fully paved roads, utilities, and a valid wastewater permit through 2029 make this a shovel-ready project. Approved plans for 42 additional 3-bed, 2.5-bath units (approx. 1,565 sq. ft.) can be adapted to suit your vision. Also features space for a community pool. Existing income-producing units, highway visibility, and water access make it an ideal turnkey opportunity for developers or investors

Property Details

MLS#

A11850925

Total Floor in Bldg

2

Address

2105 US 27 Highway S S

City

Lake Placid

State/county

FL

Zip/Postal Code

33852

Area

Us 27 County Rd 17 To Sr 7

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$25,876

Maint Fee

$--

Tax Year

2024

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Boris Gelfand