NOT LISTED FOR SALE

351 E Interlake Blvd Lake Placid, FL 33852

Estimated Value: $306,360

2 Beds
2.5 Baths
4,400 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2022

Last sale price $290,000 $66 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,078 / mo

397 Days on Market

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Lake Placid Elementary School Rated 9+
  • Front Porch
  • 4-minute walk to Stuart Park

About This Home

As of May 2022

5,300 sq ft store front building with over 2500 sq ft of open space on the bottom level and over 2500 sq ft residence above! This is such a Rare Find! Work downstairs and Live upstairs; or convert the entire space into a Residence! It is located in the downtown area of Lake Placid; easily walk to shops, restaurants, churches, and parks.
So many options here!
The remodeled 2500 sq ft residence upstairs is large and spacious. It has an enclosed balcony that extends the entire width of the building and it is overlooking the downtown area. It has 2 bedrooms, 2 bathrooms, and a large 24'x 22’ bonus room that could easily be a game room. The living area is open concept with the Kitchen, Dining, and Living Room areas at the front of the property. The oversized kitchen has beautiful stainless-steel appliances and a kitchen island. There is a laundry room with lots of storage. Upstairs also features a workshop area for hobbies and fun DIY projects.

The downstairs area is a store front with an 80’ x 23’ open show room that would be perfect for a large variety of businesses. It has slatted walls which make displaying of product easy. There are two large windows that offer lots of light and are great for advertising. A commercial sign is out front to put your company name. The rear of the building has a 1 car carport, a walk-through door and a large bay door leading into the loading dock. Downstairs has a ½ bath for customers to use. There is a spiral staircase leading upstairs to the front of the residence and a wide back stairwell at the rear. There are 2 separate A/C units, with a zone upstairs and a zone downstairs.

Lake Placid is one of Florida’s prettiest small towns. There are nearly 50 outdoor murals painted throughout the downtown area. This small town is known as the “Caladium Capital of the World”. It has 27 freshwater lakes, a winery, and a Saturday Morning Market. Come and experience the hometown charm and all it has to offer!

Last Agent to Sell the Property

Nancy Newman May PA

ADVANTAGE REALTY #1 License #3406733 Listed on: 02/25/2021

Last Buyer's Agent

Tom Barrett

INACTIVE License #3394320

INACTIVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1950

Lot Details

  • 3,000 Sq Ft Lot
  • Zoning described as C2

Parking

  • 1 Carport Space

Home Design

  • Entry on the 2nd floor
  • Rolled or Hot Mop Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number P-31-36-30-030-0040-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,785

Year Built

Built in 1950

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Directions: From US 27 & SR 66. Head South on US 27 toward Lake Placid. Turn (R) onto E. Interlake Blvd. Property will be on the Right.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Simulated Wood
  • Interior Amenities: High Speed Internet, Unfurnished
  • Living Area: 4400.0

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete, Stucco
  • Patio And Porch Features: Enclosed, Front Porch
  • Property Condition: Resale
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Carport

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer, Septic Tank, See Remarks
  • Utilities: High Speed Internet Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3000.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: P-31-36-30-030-0040-0170
  • Zoning Description: C2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2785.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 6, 2022
Sold by
Kingdom Trust Company
Bought by
Wilkerson Ryan
Seller's Agent
Nancy Newman May PA
ADVANTAGE REALTY #1
Buyer's Agent
Tom Barrett
INACTIVE
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$306,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,360
Avg. Annual Appreciation
1.41%
Original Mortgage
$1,222
Outstanding Balance
$816
Interest Rate
3%
Mortgage Type
Balloon
Estimated Equity
$305,544

Purchase Details

Closed on
Jul 8, 2013
Sold by
Heartland National Bank
Bought by
Simmons Danny R and Simmons Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2013
Sold by
Chaput John R and Chaput Cynthia S
Bought by
Heartland National Bank

Purchase Details

Closed on
Aug 30, 2002
Sold by
Sansoussi Donald and Sansoussi Irma Gail
Bought by
Chaput John R and Chaput Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,080
Interest Rate
6.49%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Wilkerson Ryan $290,000 None Listed On Document
Simmons Danny R $100,000 Attorney
Heartland National Bank -- None Available
Chaput John R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkerson Ryan $1,222
Previous Owner Simmons Danny R $50,000
Previous Owner Chaput John R $101,080
Closed Chaput John R $96,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $290,000 -3.0% $66 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/25/2021 02/25/21 For Sale $299,000 -- $68 / Sq Ft
Source: Heartland Association of REALTORS®

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 $5,317 $253,255 $15,000 $238,255
2024 $4,753 $254,048 $15,000 $239,048
2023 $4,753 $259,615 $15,000 $244,615
2022 $3,809 $214,162 $15,000 $199,162
2021 $3,520 $174,558 $7,500 $167,058
2020 $3,260 $158,993 $0 $0
2019 $2,732 $174,729 $0 $0
2018 $2,732 $170,407 $0 $0
2017 $2,539 $169,917 $0 $0
2016 $2,555 $167,530 $0 $0
2015 $2,602 $170,341 $0 $0
2014 $2,839 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 277955

Heartland Association of REALTORS®

APN: P-31-36-30-030-0040-0170

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