3,480 SF Commercial For Sale — $995,000 — 850 Old US Highway 27, South Bay – #83844

Executive Summary
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.
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 steady influx of visitors creates exceptional potential for investors seeking to develop destination-oriented concepts that serve the thriving recreational and tourism market.
Investment Highlights
Two parcels totaling approximately 1.5 acres
Commercial zoning allowing for diverse development opportunities
Prime location minutes from Lake Okeechobee’s fishing and boating activity
Direct access and exposure along US Highway 27
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
58-36-44-10-00-000-1010
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.

Allowed by right

Any retail business or commercial use that serves the public but does not involve manufacturing of products (excluding bakeries employing less than five persons, and new or used car lots), Personal service establishments incl. banks, barber shops, beauty parlors, medical and dental clinics, professional and other offices, funeral homes, filling stations, shoe repair, laundry and dry cleaning pick-up stations, locksmiths, watch repair and self-service laundries, Hotels and motels, Restaurants, Theaters (not drive-in theaters), Churches [and other houses of worship], Printing establishments employing not more than four persons, Private clubs