NOT LISTED FOR SALE

1175 County Road 29 Lake Placid, FL 33852

Sun Lakes Neighborhood

Estimated Value: $481,000

466 Acres
$1,032 Price per Acre
20,298,960 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $4,100,000

Current estimated payment $3,015/month

70 Days on Market

Highlights

  • 466 Acre Lot
  • Wooded Lot
  • Pasture
  • Farm
  • No HOA

About This Lot

As of May 2024

Seller is motivated and will consider reasonable offers.
Former citrus grove with lots of possibilities for future development. This property has 7 out buildings in addition to a 3BR 3 Bath home with a detached four car garage and mother in law living quarters. On the home parcel there is garage parking for 6+ vehicles. The largest of the out buildings has 7560 sf with 7 overhead 16' X 4' garage doors and a ceiling peak of 25'.
The other buildings are 448sf to 3632 sf. No lack of storage for equipment and office.
This property has great potential - approximately 290 acres are on the ridge, approximately 170 acres are Hontoon muck which is perfect for some types of vegetable farming. The balance of the acreage is the house and barns. Located on paved highway frontage so perfect for future residential development and/or ranchettes. Seller says there is a lot of game on this property with the various types of soil types. Borders Bear Hollow on the south.

Last Agent to Sell the Property

Sue Clark

CENTURY 21 Lake & Land Myers Realty License #350378 Listed on: 12/14/2023

CENTURY 21 Lake & Land Myers Realty

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,962

Lot Details

  • 466 Acre Lot
  • Wooded Lot
  • Additional Parcels
  • Zoning described as agricultur

Schools

  • Lake Country Elementary School
  • Lake Placid Middle School
  • Lake Placid High School

Farming

  • Farm
  • Pasture

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C-23-37-30-010-0021-0000

Property Details

Property Type

Land

Est. Annual Taxes

$5,962

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 466.0
  • Road Surface Type: Paved
  • Directions: US 27 in lake Placid go south to left on CR 29 to property on the right.
  • Property Sub Type Additional: Acreage
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Farm, Pasture, Wooded, Acreage

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lake Country Elementary
  • High School: Lake Placid High
  • Middle Or Junior School: Lake Placid Middle

Lot Info

  • Current Use: Pasture, Vacant
  • Lot Size Sq Ft: 20298000.0
  • Additional Parcels Description: C-23-37-30-A00-0082-0000,C-23-37-30-A00-0081-0000,C-26-37-30-A00-0080-0000
  • Additional Parcels: Yes
  • Parcel #: C-23-37-30-010-0021-0000
  • Zoning Description: agricultur
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5962.15
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
May 17, 2024
Sold by
Bear Hollow Citrus Llc
Bought by
P4 Livestock Llc
Seller's Agent
Sue Clark
CENTURY 21 Lake & Land Myers Realty
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$5,990,000
Sold Price
$4,100,000
Premium/Discount to List
-$1,890,000
-31.55%
Views
17
Current Estimated Value
$481,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,619,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
P4 Livestock Llc $2,389,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $4,100,000 -24.1% --
02/23/2024 02/23/24 Pending -- -- --
01/27/2024 01/27/24 Price Changed $5,400,000 -9.8% --
12/14/2023 12/14/23 For Sale $5,990,000 -- --
Source: Heartland Association of REALTORS®

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 $5,791 $645,737 -- --
2023 $5,791 $352,131 $5,745 $346,386
2022 $5,962 $359,962 $0 $0
2021 $2,747 $165,107 $5,745 $159,362
2020 $2,387 $133,071 $5,745 $127,326
2019 $2,035 $133,477 $5,745 $127,732
2018 $2,268 $122,426 $5,745 $116,681
2017 $2,334 $121,034 $5,745 $115,289
2016 $2,381 $120,681 $0 $0
2015 $2,525 $127,718 $0 $0
2014 $2,481 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Clark

    Seller's Agent in 2024

    Sue Clark

    CENTURY 21 Lake & Land Myers Realty

    (863) 441-0969

    25 in this area

    228 Total Sales

    Sue Clark
    Section Image

  • S

    Buyer's Agent in 2024

    SEBRING NON MLS

    NON-MLS OFFICE

See All Agents

Map

Source: Heartland Association of REALTORS®

MLS Number: 300442

Heartland Association of REALTORS®

APN: C-23-37-30-010-0021-0000

Florida Highlands County Lake Placid 33852 Sun Lakes

1175 County Road 29, Lake Placid, FL

Not Listed for Sale

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