NOT LISTED FOR SALE

116 Flamingo Rd NE Lake Placid, FL 33852

Placid Lakes Neighborhood

Estimated Value: $29,000 - $231,000

0.57 Acre
$169,765 Price per Acre
24,829 Sq Ft Lot

Last Sold October 24, 2024

Last sale price $29,900

Est. 224% increase in value since last sale

Current estimated payment $535/month

14 Days on Market

Highlights

  • 0.57 Acre Lot
  • Lake Placid Elementary School Rated 9+
  • Corner Lot

About This Lot

As of October 2024

BACK ON THE MARKET! Buyer failed to make deposit.... Their failure is YOUR opportunity! Oversized MULTI-FAMILY Lot over 1/2 acre in popular Placid Lakes. Zoned R3 this is a great investment property and a great deal for any builder. Close to Placid Lakes Country Club, Parks, Recreation, Dining and Schools. Build for your future in a great community!

Last Agent to Sell the Property

Susan Geitner

ADVANTAGE REALTY 1 Brokerage Phone: 863-386-1111 License #3050844 Listed on: 09/19/2024

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $285

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 146x61x152x100x32x123
  • Property fronts a county road
  • Rural Setting
  • Corner Lot
  • Property is zoned R3

HOA Fees

  • $2 Monthly HOA Fees

Utilities

  • Septic Needed
  • Phone Available

Community Details

  • Placid Lakes Sec 05 Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 49
  • Assessor Parcel Number C-14-37-29-050-0490-0220

Property Details

Property Type

Land

Est. Annual Taxes

$285

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24682
  • Status: Sold
  • Street Post Direction: NE
  • Ownership: Fee Simple
  • Escrow City: Sebring
  • Escrow State: FL
  • Escrow Street Name: US HWY 27 N
  • RATIO Current Price By Calculate: 1.21
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 863-386-1111
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 25.00
  • Total Monthly Fees: 2.08
  • Monthly HOA Amount: 2.08

Lot Info

  • Zoning: R3
  • Parcel Number: C-14-37-29-050-0490-0220
  • Additional Parcels: No
  • Current Use: Multi-Family
  • Lot Features: Corner Lot, In County, Rural, Paved
  • Lot Dimensions: 146x61x152x100x32x123
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 285.29
  • Tax Block: 49
  • Tax Book Number: 7-65
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 15, 2024
Sold by
Beeks V Llc
Bought by
Arl Lending Inc
Seller's Agent
Susan Geitner
ADVANTAGE REALTY 1
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$29,900
Sold Price
$29,900
Views
1
Current Estimated Value
$96,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,866
Avg. Annual Appreciation
219.89%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arl Lending Inc $29,900 Heartland Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $29,900 0.0% --
10/03/2024 10/03/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $29,900 0.0% --
09/20/2024 09/20/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $29,900 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $285 $20,000 $20,000 --
2023 $285 $10,890 $0 $0
2022 $222 $13,000 $13,000 $0
2021 $197 $9,000 $9,000 $0
2020 $197 $9,000 $0 $0
2019 $183 $8,000 $0 $0
2018 $183 $8,000 $0 $0
2017 $173 $8,000 $0 $0
2016 $177 $8,000 $0 $0
2015 $179 $8,000 $0 $0
2014 $180 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4947759

Stellar MLS

APN: C-14-37-29-050-0490-0220

Florida Highlands County Lake Placid 33852 Placid Lakes

116 Flamingo Rd NE, Lake Placid, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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