Active2200 - 2204 US 27 HIGHWAY
LAKE PLACID, FL 33852
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.
Facts & features
Interior
- Living area
- 1,648 sqft
- Cooling
- Central Air
- Stories
- 1
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior & lot
- Lot size
- 20,250 sqft (0.46 ac)
- Waterfront
- Yes
- Construction
- Log
Financial
- Annual tax
- $2,645 (2024)
- Price / sqft
- $242/sqft
Property
- Property type
- Single Family
- Year built
- 1983
- County
- Highlands
Listing
- Status
- Active
- Days on market
- 497 days
- MLS #
- MFR750830630
- Source
- Stellar MLS
Listed by Jim Pyle · ADVANTAGE REALTY 1
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 25 comparable sales within 2 miles of LAKE PLACID, FL, this home is priced in line with RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $2,018/mo
- Property tax
- $220/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 11, 2026 | Price reduced | $399,000 | −$196,000 |
| Mar 25, 2025 | Listed | $595,000 | — |
NeighbourhoodSample data
Reference scores for LAKE PLACID, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Similar homes nearby
Homes for sale in LAKE PLACID within the same price band.


