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Active · Single Family

2200 - 2204 US 27 HIGHWAY

LAKE PLACID, FL 33852

Beds
Baths
Area
1,648 sqft
Single FamilyBuilt 198320,250 sqft lotCentral Air$242/sqft510 days on market

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.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$397k
−0.4% vs asking
$374k low$421k high

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
Estimated monthly payment$2,238/mo
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.

DateEventPriceChange
Aug 11, 2026Price reduced$399,000−$196,000
Mar 25, 2025Listed$595,000

NeighbourhoodSample data

Reference scores for LAKE PLACID, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
80/ 100
Very walkable
Transit Score
25/ 100
Some transit
Bike Score
31/ 100
Somewhat bikeable
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Location

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