Single Family Home South Bay

$ 995,000
  • 3 bed
  • 2 bath
  • 65,340 ft2 (6,076 m2)
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Details
    • Listed on:
      March 14, 2026
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 5,350 per year
    • Year:
      2008
    • Furniture:
      -
    • Floor Description:
      Wood
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Garden
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
  • Exterior Features:
    • None
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Two beautifully renovated historic detached homes sit on two parcels totaling approximately 1.5 acres with residential and commercial zoning, offering a rare opportunity in the growing recreational corridor of South Bay. Located at 850 Old US Highway 27, just moments from the shores of legendary Lake Okeechobee—one of the most renowned freshwater fishing destinations in the United States—this unique property combines charm, versatility, and strong investment potential. Positioned along well-traveled U.S. Highway 27, the site benefits from excellent visibility and accessibility, making it ideal for a variety of uses including boutique hospitality, waterfront dining, marina-related services, retail, RV accommodations, or outdoor recreation ventures. Lake Okeechobee attracts anglers, tourists, and outdoor enthusiasts year-round for its world-famous bass fishing and nationally recognized tournaments, creating consistent tourism-driven demand. Parcel numbers: 58-36-44-11-00-000-7160 and 58-36-44-10-00-000-1010. A premier opportunity for visionary investors and developers seeking to capitalize on the continued growth surrounding this iconic Florida destination.
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