502 Reba Dr Lake Placid, FL 33852
Estimated payment $1,662/month
Total Views
2,599
1.37
Acres
$215,328
Price per Acre
59,677
Sq Ft Lot
About This Lot
Rare Multi-Lot Development Opportunity – 501 & 503 Megan Ave, 505 Megan Ave, 502 & 504 Reba Ave, Lake Placid, FL
Don't miss this exceptional investment opportunity featuring five adjoining parcels totaling 1.37 acres in the heart of Lake Placid! This prime property offers endless possibilities—redesign into townhomes (pending city approval) or build individual residences that sit high and dry, overlooking beautiful Lake Saddlebags.
Located in a thriving area near downtown Lake Placid, these lots provide elevated views, convenient access to shopping, dining, and major roadways, all while offering a peaceful residential setting. Whether you're an investor, developer, or builder, this is a rare chance to create something truly special in one of Florida’s most charming communities.
?? Call today for more details and to explore the potential of this prime development site!
Property Details
Property Type
- Land
Est. Annual Taxes
- $129
Lot Details
- 1.37 Acre Lot
- Zoning described as r1A
Location
- City Lot
Schools
- Lake Placid Elementary School
- Lake Placid Middle School
- Lake Placid High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number C-06-37-30-140-0010-0040
Map
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Home Values in the Area
Average Home Value in this Area
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 | $107 | $5,760 | $5,760 | -- |
| 2023 | $107 | $5,760 | $5,760 | $0 |
| 2022 | $107 | $5,760 | $5,760 | $0 |
| 2021 | $110 | $5,760 | $5,760 | $0 |
| 2020 | $111 | $5,760 | $0 | $0 |
| 2019 | $131 | $7,200 | $0 | $0 |
| 2018 | $131 | $7,200 | $0 | $0 |
| 2017 | $114 | $7,200 | $0 | $0 |
| 2016 | $117 | $7,200 | $0 | $0 |
| 2015 | $119 | $7,200 | $0 | $0 |
| 2014 | $120 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | For Sale | $295,000 | -- | -- |
Source: Heartland Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $40,000 | Attorney |
Source: Public Records
Similar Property in Lake Placid, FL
Source: Heartland Association of REALTORS®
MLS Number: 313438
APN: C-06-37-30-140-0010-0040
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