275 S Bear Pointe DR Lake Placid, FL 33852

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Priced $50,000 below recent appraisal. This is a ~20 Acre Tract of Land inside the unique and Beautiful Gated Community of South Bear Pointe, Lake Placid. The subdivision has large magnificent homes built on the East side of the lake. The lake has 3,320 acres of surface area and has 2 public boat ramps. All homes are on a minimum of 1 acre lots. The ~20 Acres are zoned for Agricultural use only; Livestock, Farming and Crops. The Tract can be divided into separate parcels if desired. If divided, the minimum parcel size must be 5 acres. If equally divided, then there would be 3 parcels at 6.47 acres each. Zoning restricts that only barns can be built on the parcels. The barns can have electric, well and septic tanks. In order to qualify for agricultural tax exemption on the land, there must be proof of working agricultural related business involved. There are no HOA Dues on the land. Downtown Lake Placid is only a 13 minute drive North. Priced to Sell at only $8,950 per acre! Taking Offers Now!