Why Live in Sylvan Shores
Sylvan Shores in Lake Placid, FL, offers a blend of rural charm and convenient access to urban amenities. Located 2 miles northeast of downtown Lake Placid, known as "The City of Murals," the neighborhood is close to over 50 vibrant murals and various local attractions. The area is characterized by its proximity to Lake Clay, providing scenic lakefront views and direct water access via ramps and docks. Homes in Sylvan Shores are primarily contemporary ranch styles built between the late 1970s and 1990s, situated on half-acre to one-acre lots. The neighborhood is car-dependent, with U.S. Highway 27 providing easy access to essential services and dining options, including fast-food chains and local eateries like Jaxson's and Wet Dogs Brewing. For healthcare, AdventHealth Lake Placid is within a 2-mile radius. Recreational opportunities abound with Lake Clay’s public boat ramps, nearby Lake Istokpoga for bass fishing, and several golf courses. The area also hosts the three-day Caladium Festival in July, featuring art, vintage cars, and festival food. While the downtown retail scene needs more brand-name options, residents can find essential shopping at South Highlands Shopping Center and travel to Eagle Ridge Mall for more extensive shopping needs. The neighborhood is safer than the national average, and its central Florida location makes it less susceptible to severe hurricane impacts compared to coastal cities.
Home Trends in Sylvan Shores, FL
On average, homes in Sylvan Shores, Lake Placid sell after 84 days on the market compared to the national average of 51 days. The median sale price for homes in Sylvan Shores, Lake Placid over the last 12 months is $260,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$260,000
Median Single Family Sale Price
$266,500
Average Price Per Sq Ft
$196
Number of Homes for Sale
28
Last 12 months Home Sales
40
Median List Price
$279,949
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
2%