517 Us-27 - Assisted Livings FOR SALE


Lake Placid, FL 33852
$3,100,000 USD
863-446-1280
517 Us-27, Lake Placid, FL for Sale
$3,100,000 USD
Assisted Livings - FOR SALE
1/22
null | Request Cap Rate

517 Us-27
Lake Placid, FL 33852


HIGHLIGHTS

  • Motel
  • Multi Family
  • Highway Frontage

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

H2A Housing - Migrant Workers Housing

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,000 SF

ZONING

B3

APN/PARCEL ID

P-31-36-30-080-00F0-0000

ASK ABOUT THIS PROPERTY

Drew BishopKeller Williams Realty Fort Myers and the IslandsMore Info
863-446-1280

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Drew BishopKeller Williams Realty Fort Myers and the IslandsMore Info
863-446-1280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.