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1506 US 27 S Lake Placid FL 33852-8979

[Locked] • APN C083730A0002600000

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Details
Property Type Retail
Sub Type Restaurant
Building SqFt 11,524
Lot SqFt 45,559
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code B3
Year Built 1950
Building Count 1
Opportunity Zone Yes
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Bar, Restaurant, Storefront
Marketing Description


Lucrative opportunity to acquire a prime placed Restaurant with Bonus 3/1 apartment, Quanza and 4 over night efficiencies/offices on US HWY 27 S Lake Placid in the Heart of Central Florida. This property is over 12,000 square feet combined, freestanding building with 350ft of HWY frontage, ample parking and Large Signage. It boasts a large dining area, plenty of storage, walk in cooler and Full Kitchen. Property also boasts another acre of land used for Truck rental parking and outside storage for extra income. The restaurant is a home town staple of the community and has been in business successfully for many years, with great add value to expand. The surrounding area includes hospitals, large private communities, schools, other successful dining franchises, including the newly built WaWa's fill station and is close proximity to the downtown area. This property is ideal for the live & work environment providing low overhead with minimal living expenses. Properties such as these are increasingly rare in today’s market and are proven to be desirable assets. With the Influx of new residents to the community, diverse dining and entertainment are in high demand.

All Restaurant Financials and Revenue Information will be provided upon request and NDA.

Investment Highlights

• Successful Income Producing

Restaurant with room for additional

income.

• Property is located in Lake Placid

FL, where there has been a major

influx of new residents relocating from

in and out of State.

• Plenty of room for upgrades and

Improvements.

• Value add and growth from

apartment rental, Truck parking/

Storage and Quanza.

• High Traffic Area. Including: Prime

Visability (350sqft) of frontage, close to

downtown circle and Hospitals.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
******
Mortgage Loan Type
******
Mortgage Lender Name
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Loan Amount
******
Mortgage Document Date
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Mortgage Document Number
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Recording Book
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Recording Page
******
Mortgage Estimated Interest Rate Indicator
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Resale Flag
******
Sales Price Code
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Transaction Type
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Mortgage Loan Trans Type
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Seller 1 Name
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Transfer Tax
******
Mortgage Seller Carry Back Flag
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
TB
Tom BARRETT PRO
•••.•••.0337
••••••••••.•••ltor@•••••.com
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Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Avon Park, FL.
Avon Park, FL median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Avon Park, FL (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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