2200 - 2204 Us 27 Highway S, Lake Placid, FL 33852

$399,000
1,648
SqFt

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List Price
$399,000
Status
Active
Days on Market
489
Price Change
▼ $96,000 1761699860
MLS#
L4951531
Property Style
Mixed Use
Year Built
1983
Living Area
1,648
Lot Size
20,250
Acres
0.46
Total Acreage
1/2 to less than 1
MLS Area Major
Lake Placid

Property Description

*** UPDATE - PROPERTY IS NOW LEASED! 3 YEAR LEASE! *** Perfect opportunity - if current trends continue - to hold for capital appreciation while tenant maintains property and provides modest cash flow in the interim. Enormous upside potential. Lakefront with highway frontage Zoned B3. Highway crossover directly in front of shared access point(s) to property for convenient access from both directions. Approximately 9/10 acre. Previously Heritage Restaurant Log Cabin now converted with updated kitchen & bathrooms, potential for small business to utilize 370+-Ft US Hwy 27 frontage as display area for sales/325+-Ft of lakefront for Lakefront activities(paddleboarding, jet-ski rentals,etc. Come run your small business while you live in this cute nostalgic log cabin on the tranquil lake buck. Don't miss out on this unique opportunity to live, play and work in this special location! Building has been repaired and painted. Last dozen photos depict property currently, repaired, painted and occupied.

Additional Information

Taxes Annual
$2645
Community Features
No Deed Restriction
Zoning
B3
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Air Conditioning
Central Air
Exterior Construction
Log
Foundation
Slab
Pool
No Pool
Water Name
Buck Lake
Water View
Lake
Water Access
Lake
Water Frontage
Lake Front
Flood Zone Code
X
Parcel ID
C-28-37-30-A00-0094-0000
Legal Description
AN IRREG TR IN NW 1/4 OF NW 1/4 W OF HWY BEING S 150 FT OF N 553 FT AS MEAS ALONG HWY R/W 28-37-30/9.4 .43 ACRES

Listing courtesy of ADVANTAGE REALTY 1. 863-386-1111

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