Retail at 708 US 27 S, LAKE PLACID
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9 photos

$849,900

708 US 27 S
LAKE PLACID, FL 33852
Listed by Gregory Karlson · ADVANTAGE REALTY 1
Bedrooms
N/A
Bathrooms
N/A
Living area
9,650 sqft
Year built
1979

About this home

Prime Retail(4650SF) / Storage Facility(30 Units) On US 27 & Wirick Rd Lake Placid @ Only $150 / Sq.Ft(Bld w/Lnd) for Fast Sale! Significantly below replacement value(up to 1/2 price). This commercial property consists of 4 structures, containing the addresses: 708 - 714 US 27 S, Lake Placid. The front building facing US 27 is a 4650 SF Retail Building with 4 store fronts. This building can be used as 1 space or divided into 4 individual spaces. There are 3 buildings at the back with access from Wirick Rd - which consists of 30 Mini Storage Units. There is also an upside potential of adding more storage units or adding RV/Boat storage at the back of the building. The storage units are secured with a 6-foot-high chain link fence and a locking gate. Currently all rents are below market. There are 21 parking spaces in the front with additional parking in the rear. Must sign a CA to receive any additional information. This is an ideal facility for a user/ business owner to occupy the space you need for your growing business while leasing the balance for additional income to go with your appreciation of increasing potential values.

Property details

MLS
Stellar MLS
MLS #
MFRL4961986
Property type
Retail
Subdivision
FLORAL HOMES REP
Status
Active
Days on market
141
On market date
May 18, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.78 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
0.7 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
0.92 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
0.87 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).

71
Walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
93 / 100
Restaurants & cafes20
Grocery stores8
Parks6
Schools9
Transit stops1
Pharmacies7

Market position

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

On the market 141 days -- 875 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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Est. monthly payment
$5,268/mo
$169,980 down
$679,920 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 17 days ago.

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.