2105 S US 27 HWY S

Active · MLS #L4954869 · 106 days on market

2105 S US 27 HWY S

LAKE PLACID, FL, 33852

Residential Income · Multi Family

$2,999,000

$1,947/sqft

Beds

0

Baths

0

Sq Ft

1,540

Built

2008

About this home

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.

Quick facts

Year built2008
Property typeMulti Family
Lot size6.03 ac
HOANone
Annual tax$3,374
Days on market106
Listed2025-08-01
FurnishedUnfurnished
ZoningR3FUD
WaterfrontYes

Interior

Interior

Ceiling Fans(s)Primary Bedroom Main Floor

Appliances

DishwasherMicrowaveRangeRefrigerator

Flooring

Tile

Heating

Central

Cooling

Central Air

Exterior & lot

Exterior

BalconyLightingPrivate MailboxRain Gutters

Parking

DrivewayGuestOpen

View

Water

Waterfront

Canal - FreshwaterLake Front

Community

Features

Street Lights

Construction & utilities

Construction

Concrete

Roof

Tile

Foundation

Slab

Utilities

Cable AvailableElectricity ConnectedSewer ConnectedSprinkler WellWater - Multiple MetersWater Connected

Location

LAKE PLACID, FL, 33852

Courtesy of HAMMOCK REALTY LLC / Lazaro Martinez

Presented by Nafees Zaman, agent at The Firm, RE (617 E. Colonial Drive, Orlando, FL 32803, (407) 800-3631). Florida Broker License BK3253305.

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. AgentNaf and The Firm, RE shall not be responsible for any typographical errors, misinformation, or misprints. Equal Housing Opportunity.

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