Contract Pending
CTG- MLS 294754- 1349 Us 27 Highway N, Lake Placid, Florida 33852
1349 US Highway 27, Lake Placid, Florida 33852 - Highlands County
$799,900.00
7 Acres
Property Type:
Commercial Property
Undeveloped Land
Property ID: 17155956
Description
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! Dont 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.