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Residential Income
$2,999,000
2105 S US 27 Highway S Lake Placid, FL

A11850925

481 of 529 for Sale
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an agent
  • Listed On:

    Aug 1, 2025
  • Days on Market:

    135
  • Year:

    2008
  • Taxes:

    $25,876 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

2105 S US 27 Highway S Lake Placid, FL 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

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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    Central

  • Net Operating Income

    126977

  • Photo Count

    21

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    2008

Any questions about Residential Income?
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