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405 W Interlake Blvd 3,181 SF Office Building Lake Placid, FL 33852 $875,000 ($275.07/SF)



Investment Highlights
- Close to schools
Executive Summary
Excellent investment opportunity in the heart of Lake Placid, Florida! Lake Placid is centrally located in Highlands County Florida within many major cities less than a 2 hour drive away. Miami, Ft. Lauderdale, Fort Myers, Tampa, Orlando, Sarasota, West Palm Beach & More. Lake Placid is just south of Sebring where the infamous 12 hours of Sebring is held every March. This area is expanding with big box companies coming to the county every day. Plus the newly opened exclusive High Grove Golf Club is just a couple of miles away.
This 3100+ square foot building and property have beautiful oak trees scattered throughout the 1.68 acres. There is plenty of room for more buildings and the original site plan is available. It is centrally located, with high visibility as well as being close to downtown and all three schools. There is a beautiful boulevard entrance with large backlit sign just waiting for your business logo. The site features an asphalt driveway with concrete parking areas and Victorian globe lighting that add to the ambiance of this property.
Built in 2001, this building is CBS construction with standing seam metal roof and hurricane shutters. The wraparound porch has aluminum railings and recessed canned lighting. It is set up for two units but is currently being used as one. There are two main entrances with double metal doors leading into beautiful foyers with tray ceilings and recessed lighting. One side is set up for retail with a large counter and cabinets including slat board and large display area while the other is more of a professional setup with a reception desk and waiting area. Ceilings are 10’ and the doors are 8’ solid wood. There are 4 ADA compliant accessible bathrooms (2 on each side). Two rear entrances (also metal doors) with key-less entry for employees.
Interior rooms include conference, offices, break rooms, media closets and more, including large attic storage with pull down stairs on each side. There are 3 electric meters, 1 for each side and a third that runs the outdoor lighting and irrigation. The building has a 15KW Generac Generator with a 500 gallon propane tank wired for automatic switching; three air conditioning units; 1 water meter; city water; septic; security system including hard wired cameras and much more.
Hurry, this property won’t last long! This is your opportunity to have your own business campus with rental income potential.
This 3100+ square foot building and property have beautiful oak trees scattered throughout the 1.68 acres. There is plenty of room for more buildings and the original site plan is available. It is centrally located, with high visibility as well as being close to downtown and all three schools. There is a beautiful boulevard entrance with large backlit sign just waiting for your business logo. The site features an asphalt driveway with concrete parking areas and Victorian globe lighting that add to the ambiance of this property.
Built in 2001, this building is CBS construction with standing seam metal roof and hurricane shutters. The wraparound porch has aluminum railings and recessed canned lighting. It is set up for two units but is currently being used as one. There are two main entrances with double metal doors leading into beautiful foyers with tray ceilings and recessed lighting. One side is set up for retail with a large counter and cabinets including slat board and large display area while the other is more of a professional setup with a reception desk and waiting area. Ceilings are 10’ and the doors are 8’ solid wood. There are 4 ADA compliant accessible bathrooms (2 on each side). Two rear entrances (also metal doors) with key-less entry for employees.
Interior rooms include conference, offices, break rooms, media closets and more, including large attic storage with pull down stairs on each side. There are 3 electric meters, 1 for each side and a third that runs the outdoor lighting and irrigation. The building has a 15KW Generac Generator with a 500 gallon propane tank wired for automatic switching; three air conditioning units; 1 water meter; city water; septic; security system including hard wired cameras and much more.
Hurry, this property won’t last long! This is your opportunity to have your own business campus with rental income potential.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
3,181 SF
Building Class
B
Year Built
2001
Price
$875,000
Price Per SF
$275.07
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,181 SF
Building FAR
0.04
Lot Size
1.68 AC
Zoning
C2 - Commercial
Parking
20 Spaces (6.29 Spaces per 1,000 SF Leased)
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
2,028
11,100
19,038
2024 Population
2,194
12,172
21,458
Population Growth '20-'24
8.2%
9.7%
12.7%
2020 Households
787
4,937
8,399
2024 Households
850
5,400
9,473
Household Growth '20-'24
8.0%
9.4%
12.8%
Average Age
42
50
50
Median Household Income
$44,176
$51,302
$50,109
Daytime Employees
2,560
4,477
5,220
Total Businesses
413
662
811
College Degree + Higher
22%
20%
18%
Property Taxes
| Parcel Number | P-36-36-29-160-0050-0110 | Improvements Assessment | $333,743 |
| Land Assessment | $120,528 | Total Assessment | $454,271 |
Property Taxes
Parcel Number
P-36-36-29-160-0050-0110
Land Assessment
$120,528
Improvements Assessment
$333,743
Total Assessment
$454,271
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Presented by
Lake placid Club Inc
405 W Interlake Blvd
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