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285 Sunset Ter
Lake Placid, FL 33852
Lake Placid Waterfront Development · Land For Sale
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240.42 AC
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
- Unified ownership enables comprehensive master planning, architectural standards, and amenity integration
- 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.
- More than two miles of contiguous shoreline support a conceptual yield of 100+ one-acre lakefront lots
- Over 100 acres of non-lakefront acreage remain available for future development phases,
Executive Summary
Lake Placid is known as the Town of Murals and there is no greater canvas than Lake Placid Waterfront Development. A retired orange grove with two miles of pristine lakefront property, it's a blank slate ready to become the premier luxury lakefront destination of South Central Florida. Spanning over a scenic waterfront, the property offers sweeping lake views, mature natural surroundings, and the scale necessary to create a truly cohesive, master-planned community, one that blends privacy, elegance, and authentic Old Florida character in a way that cannot be replicated in today’s constrained coastal markets.
Positioned within a growing region of Central Florida, Lake Placid Waterfront Development combines the scarcity of large-format lakefront land with the advantages of attainable pricing, favorable development dynamics, and strong lifestyle appeal. With proximity to major Florida metros, a community known for charm, art, and outdoor living, and a demographic increasingly drawn to luxury retreats away from congestion, this site is ideally suited for a signature development whether a legacy residential enclave, a branded luxury retreat, or a thoughtfully curated mixed-use lakefront destination. Opportunities of this scale, frontage, and flexibility are exceedingly rare; Lake Placid Waterfront Development represents not just a land investment, but the chance to define the future identity of a market on the rise.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 240.42 AC |
| Zoning | Estate District - Estate District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 240.42 AC |
| Zoning | Estate District - Estate District |
1 Lot Available
Lot
| Price | $33,925,000 CAD | Lot Size | 240.42 AC |
| Price Per AC | $141,107.23 CAD |
| Price | $33,925,000 CAD |
| Price Per AC | $141,107.23 CAD |
| Lot Size | 240.42 AC |
Description
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.
