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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
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Gregory Karlson ADVANTAGE REALTY 1
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