For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $799,900
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID L4945094
Sold Date 11/25/25
HOA Y/N No
Annual Tax Amount $20
Lot Size 7.000 Acres
Acres 7.0
Lot Dimensions 1121 x 885
Property Sub-Type Commercial
Source Stellar MLS
Property 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! Don't 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.
Location
State FL
County Highlands
Area 33852 - Lake Placid
Zoning B3
Direction N
Exterior
Utilities Available Electricity Available, Other, Sprinkler Well, Water Available
Building
Lot Description Buildable, Cleared, City Limits, Irregular Lot, Paved
Lot Size Range 5 to less than 10
Sewer None
Water None
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Gregory Karlson ADVANTAGE REALTY 1
GET MORE INFORMATION