Lost Lake Groves

Lake Placid, Florida

+/- 327 acres

$9,500,000

Property Details

PROPERTY TYPE: Residential Development

PROPERTY SUBTYPE: For Development

TOTAL ACREAGE: +/- 327 acres

COUNTY: Highlands

ZONING: R1A Zoning

UNITS PER ACRE: 3

PRICE: $9,500,000

Property Description

FLORIDA LAND FOR SALE!

– Private lake with office and barn

– Zoned R1A

– 3 units per acre (1,008 potential units)

– Possible annexation into Lake Placid

– Approximately 1.5 hours to Orlando,Tampa, Fort Myers and West Palm

– Located in Highlands County with 86% of Florida’s population with a two-hour radius (over 18 million people)

– The cost of living in Highlands County is approximately 15% lower than state average

– ±800 feet of frontage on canal to Lake June (Golf Course and canal homes on the opposite side of canal)

Highlights

Multiple potential residential developments: 55+ community; upscale waterfront access home-sites & RV’s
with central clubhouse to all.

– Surrounded by lakes, the property is truly “Lost Lake, the Land between Lakes” with excellent elevation
leaving the Property “high and dry”

– Lost Lake is ±7 acres in size, and 35 feet deep

– Property is approximately 95% uplands

– ±3,000 feet of paved road frontage; ±4,000 feet of shell interior roads.

– Water and Sewer Utilities located at the front of the property. Access and capacity to utilities to be granted by Lake Placid per future agreement.

– Sand bottom / ski / fishing lakes enjoy recreation resort type vacationers from both coasts.

– Lake Placid is the Caladium Capital of the World, growing 95% of the world’s caladiums. Also known as the “town of Murals” – the town showcases over 50 murals (some interactive) on town buildings.

– Lake Placid is home to 27 freshwater lakes as well as June-in-Winter Scrub Preserve State park, an 845-acre preserve.