850 Old US Highway 27 - Retail FOR SALE


South Bay, FL 33493
$995,000 USD
954-629-9952
850 Old US Highway 27, South Bay, FL for Sale
$995,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

850 Old US Highway 27
South Bay, FL 33493


HIGHLIGHTS

  • Commercial creative development
  • tourist atraction opportunity
  • Lake Okeechobee Tourism Corridor

OVERVIEW

Premier Commercial Development Site | 1.5 Acres Near Legendary Lake Okeechobee An exceptional investment opportunity in South Bay, offering two commercial-zoned parcels totaling approximately 1.5 acres in a highly strategic and rapidly growing recreational corridor. Located at 850 Old US Highway 27, this rare assemblage sits just moments from the shores of Lake Okeechobee, one of the most renowned freshwater fishing destinations in the United States. Positioned along the well-traveled U.S. Highway 27, the property benefits from excellent accessibility and visibility, making it ideally suited for a wide range of high-demand commercial or hospitality developments. Lake Okeechobee draws anglers, tourists, and outdoor enthusiasts from across the country year-round for its world-famous bass fishing and nationally recognized tournaments. This steady influx of visitors creates exceptional potential for investors seeking to develop destination-oriented concepts that serve the thriving recreational and tourism market. Investment Highlights Two parcels totaling approximately 1.5 acres Commercial zoning allowing for diverse development opportunities Prime location minutes from Lake Okeechobee’s fishing and boating activity Direct access and exposure along US Highway 27 Ideal for boutique hospitality, waterfront dining, marina-related services, retail, RV accommodations, or outdoor recreation ventures Parcel Numbers: 58-36-44-11-00-000-7160 58-36-44-10-00-000-1010 This is a rare chance to secure a strategic commercial site near one of Florida’s most iconic outdoor destinations, offering both strong tourism-driven demand and long-term development potential. A premier opportunity for visionary investors and developers seeking to capitalize on the growth surrounding Lake Okeechobee.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

South Bay Log Cabin

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

B1

APN/PARCEL ID

58-36-44-10-00-000-1010,58-36-44-11-00-000-7160

ASK ABOUT THIS PROPERTY

Milton AndradeCompassMore Info
954-629-9952

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Milton AndradeCompassMore Info
954-629-9952

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