LAKE PLACID, FL 33852

***Interested in this property or ready to make an offer? Contact us directly at 321-510-8830 for questions, property details, access, or to submit your offer.***

Located just a few blocks from Lake June, this beautiful 2 bed / 2 bath, 1,570 sq ft home sits on a 10,000+ sq ft lot and has been exceptionally well maintained. Featuring a 2-car garage, Florida room, large manicured backyard, and additional shed/workshop, this property is already in move-in-ready condition and offers multiple investor exit strategies.

Property Highlights / Condition:

• 2 bed / 2 bath | 1,570 sq ft
• 10,000+ sq ft lot
• 2-car garage
• Large Florida room / enclosed porch
• Beautiful, well-maintained backyard
• Additional shed/workshop
• Roof replaced in 2018 and in excellent condition
• PVC plumbing
• Electrical in great condition
• HVAC approx. 2013 and currently operating well
• Extremely well maintained and move-in ready as-is
• Bathrooms are clean and partially updated
• Existing kitchen is dated but in very good condition
• Excellent wholetail opportunity with minimal work
• For maximum resale: update flooring, kitchen and selective bathroom finishes

Comparable Sales Supporting Upper-$265-275K:

• 473 Lime Rd — SOLD $299K — Best same-street comp. 2/2 with only approximately 1,040 sq ft of main living area, plus a large detached garage. More updated interior with upgraded kitchen, flooring and bathrooms, but considerably smaller than the subject. No pool.
• 255 Tangerine Rd — SOLD $340K — Updated 2/2 around 1,400 sq ft with a pool, providing strong upper-end support for renovated homes in the immediate area.
• 111 Lime Rd — SOLD $285K — 2/2, 1,323 sq ft, more dated condition than the higher-end sales and smaller than the subject.

The comps provide a great range of exits. An outdated property nearby sold for $236K, while the same street has supported $285K and $299K sales, and an updated pool home reached $340K. With 1,570 sq ft, a 2-car garage, large lot, Florida room, workshop and excellent existing condition, we see strong conservative potential around $265-275K after a quality cosmetic renovation. 

For an investor looking for a lighter project, the home is already turnkey and move-in ready, creating a compelling wholetail opportunity and reselling around 240-250K without taking on a major rehab.

***Interested in this property or ready to make an offer? Contact us directly at 321-510-8830 for questions, property details, access, or to submit your offer.***