About this home
1174 US Highway 27 N offers a versatile commercial opportunity in Lake Placid. Situated on approximately 0.88 acres, the property features a concrete block building, direct highway frontage and access, excellent visibility, city water, and septic. B3 zoning allows a variety of commercial uses, including retail, automotive services, contractor shops, restaurants, warehousing, and storage, subject to applicable requirements. Potential for a small medical practice is subject to verification of permitted use and occupancy requirements. Ideal for owner-users or investors seeking to establish a business, renovate, or reposition the site, with convenient access to Sebring, Avon Park, and surrounding communities.
Listing last checked: Listing updated:
Listed by Samantha Saucedo · Illustrated Properties · MLS #B26087582
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Details at a glance
Interior2 property facts
- Heating
- Other
- Cooling
- Other
Building5 property facts
- Style
- Retail
- Year built
- 1967
- Parking
- 2550
- Foundation
- Slab
- Roof
- Aluminum
Land & utilities4 property facts
- Lot size
- 0.9 acres
- Water
- Public
- Sewer
- Septic Tank
- Zoning
- B3
Financial2 property facts
- Annual taxes
- $5,191
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,450 / monthAdjust
- Principal & interest
- $2,018
- Property tax
- $433
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,191. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 1174 US 27 N
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