29 Beds
25 Baths
$2,500,000
517 Us 27 Highway N, Lake Placid FL, 33852
Price per sqftN/A
Built in1960
Property typeCondominium
Overview
Active
Listed May 6, 2026
Updated Jul 22
Prime investment opportunity on highly visible Highway 27 in Lake Placid! This 29-room property is currently operating as H2A housing and offers strong income potential with the capacity to accommodate up to 130 occupants. The building features a durable metal roof and has been updated with new split-unit HVAC systems in every room, providing efficient and comfortable climate control throughout. With excellent highway frontage and easy access, this property is ideal for continued workforce housing, hospitality conversion, or other income-producing uses. Its large occupancy capacity and recent upgrades make it a turnkey opportunity for investors seeking immediate cash flow in a growing area. Don’t miss your chance to own a versatile, high-demand property in a prime location!
$16,633/mo
Est. mortgage payment based on a $2,500,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 324399
Interior Features
- Bedrooms
- 29
- Bathrooms
- 25
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 1.85 Acres
Other Property Details
- Taxes
- $17,975
- Tax Frequency
- Annually