2200 - 2204 US 27 HWY S, LAKE PLACID, FL 33852

$399,000

Active · 394 days on market · MLS# MFRL4951531

Living area1,648 sq ft
Lot size0.46 acres
Year built1983
Property typeMixed Use
WaterfrontYes
Annual taxes$2,645
CountyHighlands

About this home

*** 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.

Listing courtesy of Jim Pyle, ADVANTAGE REALTY 1. Presented by MC Homes Realty Inc · 727432218.

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