$399K
2200 - 2204 Us 27 Highway
Lake Placid, FL 33852
Listing updated: August 11, 2026 at 5:04 PM ET
Listing courtesy of Advantage Realty 1 · Jim Pyle · MLS #L4951531 · Active · 863-386-1111Property type
Year built
Building size
Lot size
Price / SF
Zoning
Days on market
About this property
*** UPDATE - PROPERTY IS NOW LEASED! 3 YEAR LEASE! *** Perfect opportunity - if current trends continue - to hold for capital appreciation while tenant maintains property and provides modest cash flow in the interim. Enormous upside potential. Lakefront with highway frontage Zoned B3. Highway crossover directly in front of shared access point(s) to property for convenient access from both directions. Approximately 9/10 acre. Previously Heritage Restaurant Log Cabin now converted with updated kitchen & bathrooms, potential for small business to utilize 370+-Ft US Hwy 27 frontage as display area for sales/325+-Ft of lakefront for Lakefront activities(paddleboarding, jet-ski rentals,etc. Come run your small business while you live in this cute nostalgic log cabin on the tranquil lake buck. Don't miss out on this unique opportunity to live, play and work in this special location! Building has been repaired and painted. Last dozen photos depict property currently, repaired, painted and occupied.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 497
- County
- Highlands
- Year built
- 1983
- Building area
- 1,648 sq ft
- Price/sq ft
- $242.11
- Lot size
- 20,250 sq ft
- Buildings
- 1
- Stories
- 1
- Road frontage
- Divided Highway, Main Throrughfare, Turn Lanes
- Annual taxes
- $3K (2024)
- Parcel #
- C-28-37-30-A00-0094-0000
- Zoning
- B3
- MLS #
- L4951531
Listing details
- Listing date
- 2025-03-25
- On market date
- 2025-04-01
- Original list price
- $595K
- MLS area
- 33852 - Lake Placid
- Status changed
- 2025-04-01
- Tax legal description
- AN IRREG TR IN NW 1/4 OF NW 1/4 W OF HWY BEING S 150 FT OF N 553 FT AS MEAS ALONG HWY R/W 28-37-30/9.4 .43 ACRES
Location
Directions
Proceed south from town of Lake Placid. Property is roughly 3.5 miles south of the Lake Placid town limit, and 1.6 mile north of the intersection of US 27 and State Road 70. West side of US 27 across from Ramada by Wyndham hotel.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of August 11, 2026 at 5:04 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA