6.05-acre waterfront property on Lake Grassy with frontage on Highway 27. Includes a 9-unit complex built in 2008: five single-story (2 beds, 2 baths) and four two-story units (3 beds, 2.5 baths). Fully paved roads, utilities, and a valid wastewater permit through 2029 make this a shovel-ready project. Approved plans for 42 additional 3-bed, 2.5-bath units (approx. 1,565 sq. ft.) can be adapted to suit your vision. Also features space for a community pool. Existing income-producing units, highway visibility, and water access make it an ideal turnkey opportunity for developers or investors
Property Details
Price:
$2,999,000
MLS #:
A11850925
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Income/MultiFamily
Subdivision:
US 27 COUNTY RD 17 TO SR 7
Neighborhood:
us27countyrd17tosr7
Listed Date:
Aug 1, 2025
Finished Sq Ft:
1,540
Total Sq Ft:
1,680
Year Built:
2008
Units:
9
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Architectural Style
Attached
Construction Materials
Concrete Block Construction
Lot Features
5 To Less Than 10 Acre Lot
Parking Spots
51
Parking Total
51
Roof
Barrel Roof
Stories
2
Waterfront Features
Canal Front, Lake
Window Features
Single Hung Metal
Financial
Tax Year
2024
Taxes
$25,876
Map
Community
- Address2105 S US 27 Highway S Lake Placid FL
- SubdivisionUS 27 COUNTY RD 17 TO SR 7
- CityLake Placid
- CountyHighlands County
- Zip Code33852
Subdivisions in Lake Placid
- AN IRREG 4.197 ACRE TRACT BEING 182 FT ALONG NELY
- BAY STREET VILLAS
- BEAR HOLLOW UNREC SUB
- CHILDS BAY
- CLOVERLEAF ESTATES TR A
- DEEANN LAKEFRONT ESTATES
- FLAMINGO CLUB VILLAS
- FLORAL HOMES REP
- FRANSVILLA REP
- HIGHLANDS PARK EST
- Highlands Park Estate
- Highlands Park Estate Sec C Rep
- HIGHLANDS PARK ESTATE SEC T
- HILLCREST ADD
- HORIZON EQUESTRIAN ESTATES
- HORTONS LANDING ADD
- HUDECK UNREC
- LAKE BLUE ESTATES
- LAKE HUNTLEY ESTATES
- LAKE JUNE
- LAKE JUNE POINTE PH 02
- LAKE JUNE POINTE PH 1
- LAKE JUNE SHORES SUB
- LAKE PLACID SEC 5
- LAKE RIDGE ESTATE
- LAKE SHORE SUB
- LEISURE LAKES ESTATES SEC 6
- LEISURE LAKES SEC 01
- LEISURE LAKES SEC 01 REP
- LEISURE LAKES SEC 02
- LEISURE LAKES SEC 03
- LEISURE LAKES SEC 04
- LEISURE LAKES SEC 05
- LEISURE LAKES SEC 06
- LEISURE LAKES SEC 07
- LEISURE LAKES SEC 08
- LEISURE LAKES SEC 09
- LEISURE LAKES SEC 10
- LEISURE LAKES SEC 13
- LEISURE LAKES SEC 14
- LEISURE LAKES SEC 16
- LEISURE LAKES SEC 17
- Leisure Lakes Sec 18
- LEISURE LAKES SEC 7
- PLACID LAKES INDUST PARK
- PLACID LAKES SEC 02
- PLACID LAKES SEC 06
- PLACID LAKES SEC 07 REP
- PLACID LAKES SEC 08
- PLACID LAKES SEC 09
- PLACID LAKES SEC 11 REP
- PLACID LAKES SEC 13
- PLACID LAKES SEC 14
- PLACID LAKES SEC 17
- PLACID LAKES SEC 18
- PLACID LAKES SEC 19
- PLACID LAKES SEC 20
- PLACID LAKES SEC TWENTY
- PLACID LAKES SUB
- PLACID PARK LAND
- REPLAT OF ROBERTS GROVE ADD
- RPLT ROBERTS GROVE ADD
- RURAL TRACTS
- SABAL PALM POINT
- SMOAK BROTHERS ADD
- SUN N LAKE
- SUN N LAKE LP REP
- SUN N LAKES
- SUN N LAKES EST
- SUN N LAKES ESTATE SUB
- SUN N LAKES ESTATES
- SUNN LAKES ESTATE
- SUNN LAKES ESTATES
- SYLVAN SHORES ESTATE SEC A
- SYLVAN SHORES ESTATE SEC D
- SYLVAN SHORES ESTATE SEC E
- THEO ESTATES UNREC SUB
- TOMOKA HEIGHTS SEC 02
- VACATION ESTATES
- VENETIAN VILL REV TR H
- WOEPPEL LANDING
Market Summary
Current real estate data for Multi Family in Lake Placid as of Jun 09, 2026
2
Multi Family Listed
193
Avg DOM
1,068
Avg $ / SqFt
$1,669,500
Avg List Price
Property Summary
- Located in the US 27 COUNTY RD 17 TO SR 7 subdivision, 2105 S US 27 Highway S Lake Placid FL is a Multi Family for sale in Lake Placid, FL, 33852. It is listed for $2,999,000 To schedule a showing of MLS#a11850925 at 2105 S US 27 Highway S in Lake Placid, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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