Address
225 Us 27 S, LAKE PLACID, FL
Price
$ 899,900
Property Attributes
  • MLS#L4944198
  • TypeCommercial
  • CountyHIGHLANDS
  • CityLAKE PLACID
  • AreaLake Placid
  • NeighborhoodChristensen Manors
  • Zip33852
  • StyleOffice
  • Year Built1982
  • Taxes$ 11228
  • Price$ 899,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8419
  • Lot Size0.69 Acres
Data Source:
Stellar MLS
Property Description

8,494 sf medical facility on US 27 in Lake Placid. 9% proforma cap rate/Currently Vacant/Turn Key. Three spaces (3) in front, previously leased to Family doctor and Lab Corp. Ideal for emergency or other symbiotic medical service. Great location and High Traffic / visibility (21,500 AADT) on US 27 by McDonald's Double Drive Thru! Great opportunity as investment or owner/user.

Price History
4/24/2024 Listed $899,900

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available,Phone Available,Public,Water Connected
Roof Shingle
Zoning C1
Construction Materials Concrete
Year Built 1982
Levels One
Property SubType Office
Tax Year 2023
Percent Ownership Corporation
County Highlands
New Construction No
Property Type Commercial Sale
Subdivision Name CHRISTENSEN MANORS
Building Features Bathrooms,Kitchen Facility
Status Active
Directions From US 27 and Hammock Rd in Sebring,travel SOUTH on US 27 to LEFT on E Royal Palm St,turn right onto Marginal Access Road,turn left onto Faye Dr,property will be on your left
City LAKE PLACID
Buyer Agent Compensation 2%
Total Units 5
MLS Area 33852 - Lake Placid
Lot Size Square Feet 29992
Waterfront Y/N No
Street Name Us 27
Listing Terms Cash,Conventional
Tax Annual Amount 11228
Property Condition Completed
Public Remarks 8,494 sf medical facility on US 27 in Lake Placid. 9% proforma cap rate/Currently Vacant/Turn Key. Three spaces (3) in front,previously leased to Family doctor and Lab Corp. Ideal for emergency or ot
Days on Market 2
Standard Status Active
Tax Lot 8
Legal Description CHRISTENSEN MANORS PB 12 PG 21 LOT 8

Interior Features

Flooring Tile
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features 19 to 30 Spaces
Lot Features Central Business District,Corner Lot
Water Source Public
Lot Size Area 29992
Foundation Details Slab
Number of Buildings 1
Building Area Total 8494
Lot Dimensions 98 x 230
Lot Size Acres 0.69
Road Surface Type Asphalt,Paved
Lot Size Units Square Feet
Road Frontage Type Divided Highway,State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33852

Price
AVG $900K
$900K
Taxes
AVG $11,228
$11,228
Visits
AVG 28
27
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1982

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