S
Seller's Agent in 2023
Sara Salas
INACTIVE
164 Berton Dr Lake Placid, FL 33852
Estimated Value: $491,000 - $728,388
5
Beds
4
Baths
1,508
Sq Ft
$422/Sq Ft
Est. Value
Highlights
- Lake Front
- Engineered Wood Flooring
- Detached Garage
- Lake Placid Elementary School Rated 9+
- No HOA
- Views
About This Home
As of November 2023INCOME PRODUCING INVESTMENT OPPORTUNITY! Don’t miss your chance to own this quadplex with lake frontage on Lake Placid. Turn-key and fully operational rental business being sold furnished with future bookings on the schedule. There are four units including a duplex both having 1 BR/1 BA, full kitchen and dining room, one unit on the second story facing the waterfront having 1 BR/1 BA, newly renovated with full kitchen, dining room, living room and a screened balcony overlooking the lake. The downstairs unit offers 2 BR/ 1 BA with full kitchen, dining room, and living room. Each unit has its own entrance, keyless entry system owned with remote access, and water filtration to all units. Just outside is the outdoor BBQ area that is covered with a nearby fish cleaning station. Walk out on the dock to enjoy the sunsets or bring your boat! There is a seawall and a covered boat lift. The property has beautiful landscaping, lots of upgrades, closed storage and a laundry room separate from the units. There is great earning potential since the rentals are booked seasonally and throughout the year. This property is located on a dead-end street and an additional lot is being sold with this property for guest parking and boat storage. A public boat ramp is nearby to allow guests to quickly unload their water toys. This is a rare opportunity, and nothing can compare to this on the lake! Call for more details and rental information.
Last Agent to Sell the Property
Sara Salas
INACTIVE License #3545600 Listed on: 08/28/2023
Last Buyer's Agent
Sara Salas
INACTIVE License #3545600 Listed on: 08/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,357
Year Built
- Built in 1963
Lot Details
- 0.5 Acre Lot
- Lake Front
- Additional Parcels
- Property is in excellent condition
Home Design
- Quadruplex
- Frame Construction
- Metal Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1-Story Property
- Awning
- Fire Sprinkler System
- Property Views
Kitchen
- Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Linoleum
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Detached Garage
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Private Water Source
- Well
- Electric Water Heater
- Septic Tank
- Sewer Not Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number C-08-37-30-020-0020-0070
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $50,373
- Net Operating Income $30,249
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2023
Closed on
Nov 14, 2023
Sold by
Pmf Management Group Llc
Bought by
Placid Views Llc
Seller's Agent
Sara Salas
INACTIVE
Buyer's Agent
Sara Salas
INACTIVE
List Price
$795,000
Sold Price
$735,000
Premium/Discount to List
-$60,000
-7.55%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,871
Avg. Annual Appreciation
-6.90%
Purchase Details
Closed on
Jul 27, 2020
Sold by
Ramirez Jose A
Bought by
Mallardi Gia
Purchase Details
Listed on
Jan 10, 2019
Closed on
May 10, 2019
Sold by
Harvey Jim W and Harvey Misty C
Bought by
Pmf Management Group Llc
Seller's Agent
Jerri Lynn Hill
The Tucker Group, LLC
Buyer's Agent
Jerri Lynn Hill
The Tucker Group, LLC
List Price
$405,000
Sold Price
$315,000
Premium/Discount to List
-$90,000
-22.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$252,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 4, 2014
Closed on
Aug 18, 2014
Sold by
Fruit Janine and Heyder Kenneth
Bought by
Harvey Jim W and Harvey Misty C
Seller's Agent
Steve Fruit
RE/MAX REALTY PLUS
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Placid Views Llc | $713,000 | None Listed On Document | |
| Placid Views Llc | $713,000 | None Listed On Document | |
| Mallardi Gia | $100 | None Listed On Document | |
| Mallardi Gia | -- | Attorney | |
| Pmf Management Group Llc | $315,000 | Clear Title & Legal Services | |
| Harvey Jim W | $301,500 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pmf Management Group Llc | $252,000 | |
| Previous Owner | Harvey Jim W | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $735,000 | -7.5% | $487 / Sq Ft | |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- | |
| 08/28/2023 08/28/23 | For Sale | $795,000 | +152.4% | $527 / Sq Ft | |
| 05/20/2019 05/20/19 | Sold | $315,000 | 0.0% | $114 / Sq Ft | View Prior Sale |
| 05/20/2019 05/20/19 | Sold | $315,000 | -22.2% | $114 / Sq Ft | View Prior Sale |
| 04/20/2019 04/20/19 | Pending | -- | -- | -- | |
| 04/20/2019 04/20/19 | Pending | -- | -- | -- | |
| 11/26/2018 11/26/18 | For Sale | $405,000 | -13.6% | $147 / Sq Ft | |
| 11/23/2018 11/23/18 | For Sale | $469,000 | +53.8% | $170 / Sq Ft | |
| 08/18/2014 08/18/14 | Sold | $305,000 | -6.2% | $202 / Sq Ft | View Prior Sale |
| 07/16/2014 07/16/14 | Pending | -- | -- | -- | |
| 06/05/2014 06/05/14 | For Sale | $325,000 | -- | $216 / Sq Ft |
Source: Heartland Association of REALTORS®
Tax History Compared to Growth
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 | $4,919 | $344,511 | $128,625 | $215,886 |
| 2023 | $4,919 | $249,503 | $0 | $0 |
| 2022 | $4,357 | $260,423 | $128,625 | $131,798 |
| 2021 | $4,226 | $246,415 | $128,625 | $117,790 |
| 2020 | $3,582 | $184,828 | $0 | $0 |
| 2019 | $4,016 | $213,715 | $0 | $0 |
| 2018 | $4,005 | $228,041 | $0 | $0 |
| 2017 | $3,545 | $179,976 | $0 | $0 |
| 2016 | $3,547 | $177,508 | $0 | $0 |
| 2015 | $3,136 | $157,654 | $0 | $0 |
| 2014 | $3,107 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller's Agent in 2019
Jerri Lynn Hill
The Tucker Group, LLC
-
Steve Fruit
Seller's Agent in 2014
Steve Fruit
RE/MAX
(863) 385-0077
120 Total Sales
-
S
Buyer's Agent in 2014
SEBRING NON MLS
NON-MLS OFFICE
Map
Source: Heartland Association of REALTORS®
MLS Number: 297502
APN: C-08-37-30-020-0020-0070
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.
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.
Nearby Homes
- 121 Sunset Terrace Unit 208
- 121 Sunset Terrace Unit 211
- 121 Sunset Terrace
- 131 Sunset Terrace
- 211 Dargen Dr
- 733 Cr 29
- 3456 Carnation Rd
- 737 Cr 29
- 773 Cr 29
- 1023 Cr 29
- 1015 Cr 29
- 745 Cr 29
- 811 Cr 29
- 1021 Cr 29
- 1503 Scrub Oak St
- 1011 Cr 29
- 110 Bethune St
- 165 Anderson St
- 46 Grassy Lake Cir
- 2 Grassy Lake Cir