Mixed Use at 1346 US 27 HWY N, LAKE PLACID
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$2,250,000

1346 US 27 HWY N
LAKE PLACID, FL 33852
Listed by Jim Pyle · ADVANTAGE REALTY 1
Bedrooms
N/A
Bathrooms
N/A
Living area
7,874 sqft
Year built
1989

About this home

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.

Property details

MLS
Stellar MLS
MLS #
MFRL4949407
Property type
Mixed Use
Subdivision
N/A
Status
Active
Days on market
487
On market date
December 12, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
10.08 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
LAKE PLACID ELEMENTARY SCHOOL
1.98 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
615
Student:teacher ratio
19.2:1
District
HIGHLANDS
Middle
LAKE PLACID MIDDLE SCHOOL
1.86 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
666
Student:teacher ratio
17.5:1
District
HIGHLANDS
High
LAKE PLACID HIGH SCHOOL
2 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
834
Student:teacher ratio
20.3:1
District
HIGHLANDS

Walkability

Blended score for LAKE PLACID's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

30
Car-dependent
out of 100
EPA National Walkability Index
6.7 / 20 -- Below average walkable
Google Places amenity density
25 / 100
Restaurants & cafes2
Grocery stores1
Parks2
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in LAKE PLACID, from live MLS data.

On the market 487 days -- 529 fewer days than LAKE PLACID's current average of 1016 days.
For reference, the median list price across 597 active listings in LAKE PLACID right now is $15,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$13,700/mo
$450,000 down
$1,800,000 loan
Principal & interest$11,675
Property tax (est.)$1,875
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated April 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.