NOT LISTED FOR SALE

Lake Placid, FL 33852

16 Beds
8 Baths
1,104 Sq Ft
0.45 Acres

Last Sold February 14, 2024

Last sale price $830,000 $752 Per Sq Ft

15 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Cooling System Mounted In Outer Wall Opening
  • Awning
  • Wall Furnace

About This Home

As of February 2024

GREAT OPPORTUNITY FOR INVESTORS. THIS 8 UNIT APPARTMENT COMPLEX IS LOCATED IN THE HEART OF LAKE PLACID, JUST SOUTH OF INTERLAKE BLVD., RIGHT ON MAIN AVE. WITHIN WALKING DISTANCE TO SHOPS AND RESTAURANTS. IT CONSISTS OF FOUR DUPLEXES, WHICH ARE CONNECTED BY BREEZEWAYS. EACH DUPLEX HAS 2 UNITS AND EACH UNIT HAS 2 BEDROOMS, 1 BATH EACH FOR A TOTAL OF 16 BEDROOMS AND 8 BATHROOMS. PROPERTY CONSTRUCTION IS CBS WITH 2014 METAL ROOF ON ALL 4 DUPLEXES. PROPERTY IS BEING SOLD AS-IS WITH RIGHT TO INSPECT.

Last Agent to Sell the Property

Edelsa Hernandez

RE/MAX REALTY PLUS License #0648277 Listed on: 12/20/2023

RE/MAX REALTY PLUS

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1960

Lot Details

  • 0.45 Acre Lot
  • Fence is in good condition

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Tile Flooring

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Window Unit Heating System
  • Septic Tank
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number P-06-37-30-120-0000-0030

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Gross Income $7,290
  • Net Operating Income $7,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Directions: US 27 SOUTH TO RIGHT ON INTERLAKE BLVD. , THEN LEFT ON MAIN AVE. TO PROPEFRTY ON LEFT
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete
  • Exterior Features: Awning(s)
  • Property Condition: Good Condition, Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: None, Septic Tank
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 19800.0
  • Additional Parcels Description: ,,
  • Parcel #: P-06-37-30-120-0000-0030
  • Zoning Description: C2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Annual Gross Income: 7290.0
  • Property Net Operating Income: 7290.0

Tax Info

  • Tax Annual Amount: 2541.85
  • Tax Year: 2022

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $830,000 -36.1% $752 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $1,299,000 -- $1,177 / Sq Ft
Source: Heartland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Edelsa Hernandez

    Seller's Agent in 2024

    Edelsa Hernandez

    RE/MAX

    (863) 381-5557

    118 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    SEBRING NON MLS

    NON-MLS OFFICE

See All Agents

Source: Heartland Association of REALTORS®

MLS Number: 300564

Heartland Association of REALTORS®

APN: P-06-37-30-120-0000-0030

Florida Highlands County Lake Placid

33852

This home since 20 December 2023. This property was built in 1960. This home is a home located in Highlands County with nearby schools including Lake Placid Elementary School, Lake Placid High School, and Lake Placid Middle School.

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.

Heartland Association of REALTORS® 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.

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