Commercial Sale · Mixed Use
2200 - 2204 US 27 HIGHWAY S, LAKE PLACID, FL, 33852
Active506 days on marketListed Apr 1, 2025MLS #L4951531
About this property
The property at a glance
*** 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.
1,648
Building sq ft
$242
Price / sq ft
0.46
Lot acres
1983
Year built
1
Building
B3
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,175/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask German to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
21,630
Population
$54,841
Median income
54.8
Median age
2.16
Avg household
$205,800
Median home value
$1,063/mo
Median rent
1,979
Households w/ kids
Recent sales
What actually sold near 2200 - 2204 US 27 HIGHWAY S
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$24,000
2200 US 27 S
1,648 sqft · $15/sqft · Sold Jul 24, 2026
$360,000
2525 US 27 S
2,880 sqft · $125/sqft · Sold Apr 3, 2026
Your team
The pros in your corner
Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 2200 - 2204 US 27 HIGHWAY S — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 2200 - 2204 US 27 HIGHWAY S.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked.
Listing courtesy of ADVANTAGE REALTY 1 · Jim Pyle. MLS #L4951531.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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