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For Sale

Lake Placid Waterfront Development

285 Sunset Ter,
Lake Placid, FL 33852

Asset Snapshot

1
Building Count
240.42 Acres
Land Area

Offering Summary

Investment Overview

Lake Placid Waterfront Development presents a rare opportunity to control and monetize scale lakefront frontage in a Florida market where comparable supply is effectively capped. On Lake Placid, existing vacant 0.3-acre lakefront lots transact at approximately $200,000, establishing a clear price floor for waterfront demand. The subject property’s two miles of contiguous shoreline supports a conceptual yield of 100+ one-acre lakefront homesites offering a materially larger, more private product than what currently exists in the market. At even conservative price assumptions relative to existing lot sales, the lakefront component alone represents a compelling revenue driver, with significant upside created through lot size, unified planning, controlled architectural standards, and a cohesive luxury positioning rather than piecemeal individual ownership. Equally relevant is what lies behind the water: more than 100 additional acres of non-lakefront land that can be purposefully programmed to support and amplify the value of the waterfront lots. This land provides flexibility for complementary residential phases, estate homes, amenities, or supporting uses that enhance absorption and pricing across the entire project. Unlike infill or fragmented lakefront offerings, Lake Placid Waterfront Development allows a developer to set the market establishing a flagship luxury lakefront destination in South Central Florida at a basis that remains well below coastal alternatives. The combination of proven lakefront demand, scalable density, and substantial expansion land positions this project not merely as a land play, but as a long-term value creation opportunity with multiple exit paths: phased lot sales, vertical development, or recapitalization once entitlements and absorption milestones are achieved. Most importantly, this is the last remaining lakefront development opportunity of this scale in the State of Florida. Simply put, this is a one-of-a-kind opportunity that will appeal to high-net-worth individuals looking for a convenient getaway from the major metro areas of Tampa, Orlando, and Miami. All three of these markets happen to be nearly equidistant from this site, creating a triangulated location to market the end-product effectively to each major metro region.


Investment Highlights

  • Existing 0.3-acre vacant lakefront lots on Lake Placid transact at approximately $200,000, establishing demonstrated demand and a clear pricing floor for waterfront homesites.
  • More than two miles of contiguous shoreline support a conceptual yield of 100+ one-acre lakefront lots, offering scale, privacy, and a differentiated luxury product relative to existing supply.
  • Unified ownership enables comprehensive master planning, architectural standards, and amenity integration creating a cohesive luxury lakefront destination rather than fragmented individual lot sales, while allowing the developer to control pricing, phasing, and absorption.
  • Over 100 acres of non-lakefront acreage remain available for future development phases, providing flexibility for complementary residential, amenity, or supporting uses that enhance overall project value.
  • This represents the last remaining lakefront development opportunity of this scale in the State of Florida which is a genuinely one-of-a-kind asset. Its near-equidistant proximity to Tampa, Orlando, and Miami creates a triangulated geographic position that is ideally suited to attract high-net-worth buyers seeking a convenient, private lakefront retreat within a single-day drive of Florida’s largest metro markets.

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Listing Syndicated From

Buildout
For Sale
$25,000,000
Asking Price