Description

Premier Commercial Development Site | 1.5 Acres Near Legendary Lake Okeechobee
An exceptional investment opportunity in South Bay, offering two commercial-zoned parcels totaling approximately 1.5 acres in a highly strategic and rapidly growing recreational corridor. Located at 850 Old US Highway 27, this rare assemblage sits just moments from the shores of Lake Okeechobee, one of the most renowned freshwater fishing destinations in the United States. Ideal for boutique hospitality, waterfront dining, marina-related services, retail, RV accommodations, or outdoor recreation ventures
Parcel Numbers: 58-36-44-11-00-000-7160 and
58-36-44-10-00-000-1010

Positioned along the well-traveled U.S. Highway 27, the property benefits from excellent accessibility and visibility, making it ideally suited for a wide range of high-demand commercial or hospitality developments.
Lake Okeechobee draws anglers, tourists, and outdoor enthusiasts from across the country year-round for its world-famous bass fishing and nationally recognized tournaments.

This is a rare chance to secure a strategic commercial site near one of Florida’s most iconic outdoor destinations, offering both strong tourism-driven demand and long-term development potential.
A premier opportunity for visionary investors and developers seeking to capitalize on the growth surrounding Lake Okeechobee.

Address

Open on Google Maps

Address: 27 N
City: South Bay
State/county: Palm Beach County
Zip/Postal Code: 33493

Details

Updated on April 9, 2026 at 2:25 am

Property ID A11979489
Price $995,000
Type Mixed Use
Property Status Commercial Sale

Additional details

BuildingAreaTotal 1976
BuildingAreaUnits Square Feet
BusinessType Shopping Center
ContractStatusChangeDate 2026-03-09
CurrentUse Mixed Use
DaysOnMarket 30
ExpirationDate 2026-04-28
Inclusions Building & Land
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 774-540-4931
ListingTerms All Cash, Conventional/Refinance
LotFeatures Corner Lot
LotSizeSquareFeet 65340
MajorChangeTimestamp March 9, 2026 at 08:16pm
MajorChangeType Price Increase
MlsStatus Active
ModificationTimestamp April 8, 2026 at 05:53pm
NumberOfUnitsInCommunity 0
OnMarketDate 2026-03-09
OriginalEntryTimestamp March 9, 2026 at 07:51pm
OriginalListPrice 995
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 58364411000007160
PhotosChangeTimestamp April 8, 2026 at 05:58pm
PhotosCount 33
PreviousListPrice 995
PriceChangeTimestamp March 9, 2026 at 08:16pm
PublicSurveyRange 58
PublicSurveySection 11
PublicSurveyTownship 58
SourceSystemKey 438798867
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp March 9, 2026 at 07:51pm
StreetDirPrefix N
StreetName 27 N
StreetNumber Us Highway
SyndicationRemarks Premier Commercial Development Site | 1.5 Acres Near Legendary Lake Okeechobee An exceptional investment opportunity in South Bay, offering two commercial-zoned parcels totaling approximately 1.5 acres in a highly strategic and rapidly growing recreational corridor. Located at 850 Old US Highway 27, this rare assemblage sits just moments from the shores of Lake Okeechobee, one of the most renowned freshwater fishing destinations in the United States. Ideal for boutique hospitality, waterfront dining, marina-related services, retail, RV accommodations, or outdoor recreation ventures Parcel Numbers: 58-36-44-11-00-000-7160 and 58-36-44-10-00-000-1010 Positioned along the well-traveled U.S. Highway 27, the property benefits from excellent accessibility and visibility, making it ideally suited for a wide range of high-demand commercial or hospitality developments. Lake Okeechobee draws anglers, tourists, and outdoor enthusiasts from across the country year-round for its world-famous bass fishing and nationally recognized tournaments. This is a rare chance to secure a strategic commercial site near one of Florida’s most iconic outdoor destinations, offering both strong tourism-driven demand and long-term development potential. A premier opportunity for visionary investors and developers seeking to capitalize on the growth surrounding Lake Okeechobee.
TaxAnnualAmount 275
TaxLegalDescription 11-44-36~ PT OF SOVEREIGNTY LAND IN DB1041P478 LYG N OF SR 25 & 27 R/W & SWLY OF SR 80
TaxYear 2024
Zoning B1 (city