$27,500

241 Phantasy Avenue Lake Placid, FL 33852 Land - Lot/Land Active

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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 Highlights

Property Type: Land - Lot/Land
Lot Size: 0.24 Acres
Taxes: $191

General Information

County: Highlands
Subdivision: SUNN LAKES ESTATE
Listed By:
Laura Cuida Romero YOUNG REAL ESTATE 407-904-0069

Property Features

Days on Site: 4
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
$27,500
New to the Market Active
LOT SIZE 0.240 acres MLS#O6404967
STATUSActive PROPERTY TYPELand - Lot/Land SUBDIVISIONSUNN LAKES ESTATE

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241 Phantasy Avenue , Lake Placid, FL 33852.

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Estimated Payment

$ 116.69 per month $92.75 Principal & Interest $15.92 Property Tax $8.02 Homeowner's Insurance

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