Christina Mehta logo

405 W Interlake BoulevardLake Placid, FL 33852Price: $875,000

  • Price: $875,000
  • 2 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $875,000List Price
  • 1.69Acreage
  • 3,615Square Feet
  • L4966451MLS Number

Ask A Question

Listing Tools

**PRIME COMMERCIAL OPPORTUNITY ON INTERLAKE BOULEVARD! 3,615 SF BUILDING ON 1.6± ACRES WITH EXCEPTIONAL EXPANSION POTENTIAL!** Discover an outstanding opportunity for investors, professional businesses, or owner-users in Lake Placid! This attractive 3,615 SF concrete block commercial building, constructed in 2001, combines distinctive architectural character, versatile interior space, extensive site improvements, and valuable acreage for future development. **DESIGNED FOR FLEXIBILITY!** Configured to accommodate two separate units, the building features dual front and rear entrances, impressive 10' ceilings, 8' solid wood interior doors, French doors, tray ceilings, and a welcoming wrap-around porch with aluminum railings and recessed lighting. A standing-seam metal roof with decorative dormers, transom windows, and fresh exterior paint (2023) enhance its professional appearance. The thoughtfully designed interior offers multiple offices, conference and showroom areas, four ADA-compliant restrooms, a finished break room, and plumbing provisions for a second break room. Existing retail display fixtures, slatwall panels, and a sales counter provide additional flexibility for office, professional service, or showroom operations. **IMPRESSIVE TECHNOLOGY & SECURITY FEATURES!** Multiple voice/data connections in each office, keyless entry, a 13-camera surveillance system, whole-building security, hurricane shutters, and a propane generator currently connected to the computer room. Additional features include three HVAC units, three electric meters, LED lighting upgrades (2021), attic storage, and ceramic tile and carpet flooring. **EXPANSION OPPORTUNITY!** Situated on 1.6± acres encompassing 8 of the 10 lots within the block, the property includes three vacant lots totaling approximately 0.62 acre, plus an additional 62' x 148' lot east of the building. The property was originally planned for THREE ADDITIONAL BUILDINGS, with the original site plan available for review! The entrance off Interlake Boulevard leads to established concrete parking areas, curbing, and asphalt drives. Majestic oak trees, decorative Victorian-style exterior lighting, a lighted entrance sign, and attractive landscaping create an inviting, park-like setting. Site infrastructure includes city water, septic, an irrigation well with updated timer (2023), a retention pond, and approximately 310' of masonry privacy wall along adjoining residential lots. **A RARE COMBINATION OF ESTABLISHED COMMERCIAL SPACE, ATTRACTIVE GROUNDS & FUTURE DEVELOPMENT POTENTIAL!** Ideal for an owner-user seeking room to grow or an investor exploring multi-building commercial development. Buyer to verify zoning, permitted uses, expansion feasibility, utilities, and applicable development approvals.

Interior Features

Exterior Features

Utilities and Appliances

Map Location

Listed by Susan Geitner of ADVANTAGE REALTY 1 (863-386-1111)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 13, 2026 11:33 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to be contacted by Christina Mehta via call, email, and text for real estate services. To opt out, you can reply ‘stop’ at any time or reply ‘help’ for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Connect with me

Do not fill in this field:

I agree to be contacted by Christina Mehta via call, email, and text for real estate services. To opt out, you can reply ‘stop’ at any time or reply ‘help’ for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.