BEST Off market Commercial and Residential Land for Sale in Lake Placid, FL

I am excited to introduce a remarkable development opportunity in Lake Placid, FL—an up-and-coming area with strong city support for adjusting zoning to accommodate exceptional projects.
Lake Placid is a small town brimming with potential. Known for its boating lifestyle, the town features 29 named lakes spanning over 11,000 acres, including Lake Istokpoga, Florida's fifth-largest lake. This abundance of water resources offers endless recreational opportunities, making it a magnet for visitors and future residents alike. Additionally, Lake Placid is renowned for its historical murals that portray artistic messages and the town's rich history. The town also boasts the largest caladium fields, which attract numerous visitors each July for the vibrant Caladium Festival. It's a magical little town with endless possibilities.
The development site I have available consists of 57.5 acres, boasting the highest elevation in downtown Lake Placid. Here's a quick overview of the property:
• Commercial Land: 18.84 acres zoned Town of Lake Placid Commercial-General (CG)
• Residential Land: 38.71 acres zoned Low Medium Density Residential (LMDR)
• Total Acreage: Approximately 57.5 acres
• Current Residential Cap: Open for Zoning & Planning
• Current Buildable Commercial Use: Open for Zoning & Planning
• Tax Benefits: No taxes owed to city/county for land until property is approved and built
• Zoning Flexibility: Town is highly flexible with development zoning and usability
Lake Placid, once renowned for its citrus groves, now presents an exceptional opportunity for innovative development. The area is experiencing a surge in the construction of stunning homes, ranging from family estates to equestrian properties and boater-friendly residences, showcasing a new level of luxury living.
With its natural charm, scenic beauty, and strategic location, Lake Placid stands as a prime location for visionary developers eager to create a vibrant, thriving community. This is a rare chance to be part of the transformation of a town with endless opportunities.
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