Commercial Sale · Mixed Use
1346 US 27 HIGHWAY N, LAKE PLACID, FL, 33852
Active604 days on marketListed Dec 12, 2024MLS #L4949407
About this property
The property at a glance
Over 10 acres of prime US Highway 27 frontage. Three existing buildings w/ total of 7874 sq ft, built as model homes for neighboring gated community, previously used as medical offices and maintained in good, clean condition, with 40 paved parking spaces as currently configured. Advent Health hospital, medical offices and Health & Rehabilitation Center adjacent to the south. Upscale, gated Tomoka Heights community adjacent to the north and west. 1/5 mile highway frontage opposite the new Amazon facility. Dedicated highway crossover with deceleration lanes in both directions. Private road south to hospital and S. Tomoka Boulevard, which is expected to be extended across US 27 to the Amazon property, complete with signalized intersection. Existing R3 zoning permits - among many other uses - medical and professional offices, single and multi-family housing, apartments, condos, hotels/motels with or without restaurants, and assisted living/nursing care. This is Ground Zero not only for medical facilities, but for the boom expected to accompany the progress of the Amazon center, with its concomitant effect on surrounding property availability and value. As the Amazon facility evolves and its employees need housing and ancillary industries and businesses seek a foothold, the owner of this property will be in a most enviable position. Seize this opportunity now, before its price reflects its surroundings and its potential! Southern 5 acres of this parcel also available separately.
7,874
Building sq ft
$286
Price / sq ft
10.08
Lot acres
1989
Year built
3
Buildings
R3
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$12,351/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
21,630
Population
$54,841
Median income
54.8
Median age
2.16
Avg household
$205,800
Median home value
$1,063/mo
Median rent
1,979
Households w/ kids
Recent sales
What actually sold near 1346 US 27 HIGHWAY N
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$200,000
102 WASHINGTON BOULEVARD
3,160 sqft · $63/sqft · Sold Aug 15, 2025
$21,684
900 HILLCREST AVENUE UNIT A
1,722 sqft · $13/sqft · Sold Jul 29, 2026
$250,000
1174 US 27 N
1,597 sqft · $157/sqft · Sold Jun 16, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1346 US 27 HIGHWAY N — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1346 US 27 HIGHWAY N.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of ADVANTAGE REALTY 1 · Jim Pyle. MLS #L4949407.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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