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ActivePrice improved $196,000497 days on market
$399,000$595,000

2200 - 2204 US 27 HWY SLAKE PLACID, FL 33852Mixed Use

1,648Sq ft
0.46 acLot
1983Built
YesWaterfront

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…

Description as provided by the listing brokerage.

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The details

StatusActive
MLS #MFRL4951531
Property typeMixed Use
Year built1983
Lot size0.46 ac
Living area1,648 sq ft
Price per sq ft$242
Taxes$2,645
Days on market497
CountyHighlands
Flood zoneX (verify)
ListedMar 24, 2025

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be
LAKE PLACID, Florida

LAKE PLACID · Highlands County

MLS# MFRL4951531Listing courtesy of ADVANTAGE REALTY 1Last updated Aug 11, 2026, 5:04 PM

Based on information submitted to the MLS GRID as of Aug 11, 2026, 9:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Offer of compensation is made only to participants of the MLS where the listing is filed.

This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

$399,0002200 - 2204 US 27 HWY S · LAKE PLACID
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