Sold for $350,000

$350,000

853 Us Highway 27 S, Lake Placid, FL 33852

2beds

1baths

1,618sqft

Other

Built in 1954

0.41 Acres Lot

$367,100 Zestimate^®

$216/sqft

$2,034 Estimated rent

Home value

$367,100

$338,000 - $396,000

$2,034/mo

Zestimate^® history

Owner options

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$2,034/mo

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$2,034/mo

Rent Zestimate^®

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$2,313/mo

Est. payment

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$2,313/mo

Est. payment

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What's special

ANOTHER PRICE REDUCTION! LOOKING FOR A REASONABLE OFFER. SELLER FINANCING ALSO CONSIDERED! Great opportunity located in the town of Lake Placid. Directly on US 27 S, a perfect location for all sorts of ventures. Has 2 units ready to be used or rented, with a possible 3rd unit that can be developed! Commercial investment- live and work in the same building! Fully-fenced with a gate in the front. Plenty of space for parking or expansion. Currently has 4 different office areas, and with a little planning could be made into more. 1 public bathroom and 1 private bathroom with shower. Additional storage on the side with enclosed workshop area. This property has lots of potential - very versatile layout can be used for all manners of business! Why buy raw land on the highway when you can have a great parcel and a great building for less?!?

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1.1

Heating

Forced air

Cooling

Central

Features

Cable TV Available, BB / HS Internet Available
Flooring: Slate

Interior area

Total interior livable area: 1,618 sqft

Property

Parking

Total spaces: 2

Features

Exterior features: Stucco, Cement / Concrete

Lot

Size: 0.41 Acres

Details

Parcel number: P06373011000100070

Construction

Type & style

Home type: SingleFamily
Property subtype: Other

Materials

Roof: Composition

Condition

Year built: 1954

Community & HOA

Location

Region: Lake Placid

Financial & listing details

Price per square foot: $216/sqft
Tax assessed value: $265,148
Annual tax amount: $4,815

Price history

Date	Event	Price
8/28/2023	Sold	$350,000+75%$216/sqft
Source: Public Record Report a problem
9/22/2009	Sold	$200,000-14.2%$124/sqft
Source: Public Record Report a problem
3/21/2005	Sold	$233,000$144/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,815 +2.9%	$265,148 -0.3%
2024	$4,681 +12.6%	$265,908 +1%
2023	$4,159 +10.6%	$263,169 +20.9%
2022	$3,760 +5.5%	$217,727 +13.4%
2021	$3,562 +5.2%	$192,019 +6.8%
2020	$3,385	$179,736 +3.6%
2019	$3,385 +2.4%	$173,478 +1.5%
2018	$3,305 -0.2%	$170,841 +2.8%
2017	$3,312 +3.7%	$166,249 +3.4%
2016	$3,194 +1.3%	$160,753 +10.3%
2015	$3,153 +8.7%	$145,717
2014	$2,902	--