16 E Hibiscus St Lake Placid, FL 33852
Estimated payment $1,845/month
Total Views
33,083
3
Beds
2
Baths
1,544
Sq Ft
$210
Price per Sq Ft
Highlights
- Open Floorplan
- Granite Countertops
- 3-minute walk to Stuart Park
- Lake Placid Elementary School Rated 9+
- Forced Air Zoned Heating and Cooling System
About This Home
Great Investment Opportunity in the Heart of Lake Placid! This charming duplex is ideally located within walking distance to vibrant downtown Lake Placid, making it perfect for both investors and future homeowners. Each unit offers comfort and convenience, with high-impact windows, new A/C units, and a fully remodeled Unit 2. Unit 1 is currently rented on a month-to-month lease, and both units are occupied, providing immediate rental income. Unit 1 is a 2 bedroom 1 bath. Unit 2 is a 1 bedroom 1 bath. Enjoy all that Lake Placid has to offer - a town known for its quaint Main Street filled with local shops, unique eateries, and the charm of small-town living. Saturdays come alive with a bustling Farmers Market, perfect for strolling and soaking in the friendly community atmosphere. Known as the Caladium Capital of the World, Lake Placid celebrates its roots with the annual 3-day Caladium Festival, a summer favorite for both residents and visitors. Best of all, you're just a short 2-hour drive from either coast, making this a centrally located gem with so much to offer. Don't miss out on this income-producing property in one of Florida's most charming small towns!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,109
Year Built
- Built in 1990
Lot Details
- 6,534 Sq Ft Lot
Parking
- Driveway
Home Design
- Duplex
- Asphalt Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,544 Sq Ft Home
- Open Floorplan
Kitchen
- Oven
- Microwave
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Zoned Heating and Cooling System
- Septic Tank
Community Details
- 1201.000 Lake Placid South Of Interlake Area Community
Map
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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 |
|---|---|---|---|---|
| 2025 | $2,223 | $133,120 | $4,900 | $128,220 |
| 2024 | $2,109 | $136,485 | $3,430 | $133,055 |
| 2023 | $2,109 | $114,512 | $0 | $0 |
| 2022 | $1,870 | $104,139 | $3,430 | $100,709 |
| 2021 | $1,788 | $94,638 | $3,430 | $91,208 |
| 2020 | $1,195 | $76,056 | $0 | $0 |
| 2019 | $1,003 | $53,201 | $0 | $0 |
| 2018 | $918 | $46,315 | $0 | $0 |
| 2017 | $872 | $50,465 | $0 | $0 |
| 2016 | $750 | $36,446 | $0 | $0 |
| 2015 | $777 | $37,355 | $0 | $0 |
| 2014 | $760 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/09/2026 01/09/26 | For Sale | $325,000 | 0.0% | $210 / Sq Ft | |
| 01/07/2026 01/07/26 | Off Market | $325,000 | -- | -- | |
| 07/06/2025 07/06/25 | For Sale | $325,000 | 0.0% | $210 / Sq Ft | |
| 08/22/2024 08/22/24 | Off Market | $325,000 | -- | -- | |
| 07/31/2024 07/31/24 | For Sale | $325,000 | 0.0% | $210 / Sq Ft | |
| 03/16/2021 03/16/21 | Rented | $500 | -4.8% | -- | |
| 03/16/2021 03/16/21 | Rented | $525 | -99.6% | -- | |
| 02/14/2021 02/14/21 | Under Contract | -- | -- | -- | |
| 02/14/2021 02/14/21 | Under Contract | -- | -- | -- | |
| 09/21/2020 09/21/20 | Sold | $127,000 | -18.0% | $82 / Sq Ft | View Prior Sale |
| 08/29/2020 08/29/20 | Pending | -- | -- | -- | |
| 08/18/2020 08/18/20 | For Sale | $154,900 | 0.0% | $100 / Sq Ft | |
| 10/28/2014 10/28/14 | For Rent | $500 | -4.8% | -- | |
| 04/02/2014 04/02/14 | For Rent | $525 | -- | -- |
Source: My State MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $127,000 | Rider & Thompson Pa | |
| Warranty Deed | $127,000 | Attorney | |
| Warranty Deed | $110,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $65,000 | Gator Title Insurance Agency | |
| Warranty Deed | $82,000 | -- | |
| Warranty Deed | $67,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $65,600 | Stand Alone First | |
| Previous Owner | $67,000 | Stand Alone First |
Source: Public Records
About the Listing Agent
Sara Pipal, GRI, SRS, AHWD, Broker/Owner has been involved in the Real Estate industry since the late 90’s. She combines her love for the industry with her passion for education and mentoring Realtors®. She is an instructor in Florida on such subjects as Real Estate technology, building your business through social media, client retention, and building your brand. She had the privilege of serving as the 2023 President and a Director (2021-2022) for the Heartland Association of Realtors and
Sara's Other Listings
Source: My State MLS
MLS Number: 11327655
APN: P-06-37-30-040-0030-0030
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