2105 S US 27 HIGHWAY S at

2105 S US 27 HIGHWAY S

For sale Days on market 106

$2,999,000

$1947/sq ft

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Overview

Year Built

2008

Sqft

1540

Property Type

Multi Family

Property Description

Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1,540 sq. ft. living space) and four two-story units (3 beds, 2.5 baths, about 1,534 sq. ft. living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1,565 sq. ft. of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.

Property Details

MLS#

L4954869

Address

2105 US 27 S

City

Lake Placid

State/county

Zip/Postal Code

33852

Area

An Irreg 4.197 Acre Tract Being 182 Ft Along Nely

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,373

Maint Fee

$--

Tax Year

2024

Dishwasher

Microwave

Range

Refrigerator

Water

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