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About this home
300 State Road 70 E is a 2000-built home Lake Placid. Listed at $1,350,000 (about $270/sqft), 142 days on market.
Over 23 acres, high and dry, and less than a quarter mile east of the rapidly expanding crossroads of U.S. Highway 27 and State Road 70. With the upcoming expansion and 4-laning of SR 70, the rumored truck stop coming in at the northeast quadrant of the intersection, the nearby winery, industrial park across U.S. 27 to the west and brand-new golf resort a stone's throw to the south, this parcel is directly in the crosshairs of the explosive growth expected at this intersection and environs, with all the sequelae you might expect, and have seen countless times before as growth occurs at similar crossroads and hubs. Property has upside potential for continued nursery operations, U-pick vegetables and berries, a winery/brewery/distillery or eventual retail and/or housing -- all while the influx of traffic, homes and businesses accelerates your capital appreciation if current trends continue. Site already has office, shade houses and related structures, wells, irrigation and all the infrastructure associated with a nursery, much of which could be utilized for other purposes. Other properties are available in the immediate vicinity, some already zoned for RV and mobile home parks, and adjacent properties are potentially available as well. Current zoning is agricultural and would require a change or special exception for some of the potential uses. Seize this opportunity while the seller is still willing to part with this property and its tremendous potential - especially at this price! See video link in virtual tour.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,350,000
$270 per sq ft
Size
5,000 sq ft
Time on market
142 days
Year built
2000
Monthly payment
About $7,971/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,061 annual tax bill, insurance.
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