MelissaMichel
LOT SIZE 0.240 acres
MLS#O6404967
STATUSActive
PROPERTY TYPELand - Lot/Land
SUBDIVISIONSUNN LAKES ESTATE
Property Description
Excellent opportunity to own a buildable ~0.23-acre lot zoned R2 (duplex allowed) in Lake Placid. Located on a paved road with no flood zone and no wetlands, this property offers a strong foundation for your next project-whether you're looking to build and sell or generate rental income.Utilities include well and septic area, with electricity nearby, making development straightforward. The lot size (~10,000 sq ft) is ideal for a duplex layout, maximizing both space and potential returns.?? Strong Investment Potential:New construction homes in the area are selling in the $250K-$350K+ range, with duplex properties reaching $300K+, highlighting the upside for builders and investors.?? Why Lake Placid?Known for its scenic charm and over 25 lakes, Lake Placid continues to attract full-time residents and seasonal renters seeking affordability and lifestyle. The area is experiencing steady growth as buyers are priced out of larger Florida cities.?? Centrally Located:Approximately 2 hours to Orlando, Tampa, and ~2.5 hours to Miami-making it appealing for a wide range of buyers and tenants.?? Whether you're an investor, builder, or land buyer looking for future appreciation, this lot offers flexibility, location, and upside potential in an emerging market.
Property Features
Property Type: Land - Lot/Land
Lot Size: 0.24 Acres
Taxes: $191
Feature Descriptions
Days on Site: 1
Directions: From Sebring (~15â??20 miles | ~25â??30 min)Head south on US-27 S for ~6 milesTurn left onto County Rd 621 E ? continue ~3 milesTurn right onto US-98 S ? continue ~4 milesTurn left onto County Rd 29 ? continue ~2 milesTurn right onto Lake June Rd ? ~1 mil
Flood Zone Code: x
HOA Fee: 35/ Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Buildable, Paved
Lot Dimensions: 0.24
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Sewer: Septic Tank
Showing Instructions: See Remarks
Special Sale Provisions: None
Utilities: Private
Water: Well
Water Access Y/N: No
Zoning: R2
Listed By / Shown By
Listed By
Agency Name: YOUNG REAL ESTATE
Agency Contact: 407-904-0069
Shown By
Agent Name: Melissa Michel
Agent Phone: Cell: (954) 326-4012
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 85.14 per month $61.20 Principal & Interest $15.92 Property Tax $8.02 Homeowner's InsuranceChange Payment Information
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241 Phantasy Avenue | MLS# O6404967
This land located at 241 Phantasy Avenue , Lake Placid, FL 33852 is currently listed for sale with an asking price of $27,500. The property has approximately 0.24 Acres. Search Lake Placid real estate on mmichel.realty100.com today.