$1,600,000
Lake Placid, FL 33852
MLS# B26051502
4052 sqft
1 / 27
Property Description
AMAZING INVESTMENT OPPORTUNITY! With 3 individual structures and 7 recently remodeled units this property makes for a fantastic income producing opportunity. Located on beautiful Lake June with sprawling views. This property has become a regular vacation destination for many families. These units were just renovated and are ready to create income with all new appliances, floors and cabinets. Building 1: Has 4 Individual Units. Each unit has: 1 Bedroom 1 Bath Kitchen Living area with a Pull out Sofa (sleeps 4) Building 2: Has 2 Individual Units. Each Has: 2 Bedrooms 1 Bath Kitchen Living area with pull out sofa. (sleeps 6) Building 3: Full Cottage 2 Bedrooms 1 Bath Kitchen Living area - Pull our Sofa (sleeps 6) Wooden Front Deck Extremely Unique property. Don't miss it!
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-07-12
Status: Active
Original List Price: 1600000
List Price: $1,600,000
Current Price: $1,600,000
Listing Service: Full Service
Location and Legal
County Or Parish: Highlands
Municipality Type: Incorporated
Geographic Area: Other
Subdivision Number: 0
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 772
Street Name: Lake June
Street Suffix: Road
State Or Province: FL
Postal Code: 33852
Postal Code +4: 8921
Subdivision Name: MIACASA SUB
Area: 5940 - Other Florida County
Parcel Number: C27362904000000250
Zoning: R1
General Property Information
Number Of Units Total: 3
Living Area Main: 4052
Living Area Source: Appraiser
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 7
Lot Size Area: 30492
Water Frontage Feet: 182
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Land Lease YN: No
Recreation Lease YN: No
Stories Total: 1
Stories: 1
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 8.93
Property Sub Type: Triplex
Building Area Main: 4052
Building Area Source: Appraiser
Year Built: 1955
Lot Size Acres: 0.7
Waterfront YN: 1
Financial Information
Application Required YN: No
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 179234
Assessor Market Value: 179234
Tax Annual Amount: 10391
Tax Year: 2025
Tax Legal Description: E 60 FT OF W 120 FT OF FRAC E 1/2 OF W 1/2 OF NW 1/4 S OF SR 621 26-36-29/14.1
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Courtyard: 1
Flooring
Ceramic Tile: 1
Tile: 1
Wood: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Updated/Remodeled: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
Deposit - Last Months Rent: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 1
Number Of Separate Electric Meters: 2
Tenant Pays
None: 1
Other Structures
Gazebo: 1
Possession
Negotiable: 1
Sewer
Septic Tank: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Water Connected: 1
Heating
Heat Pump: 1
Window/Wall: 1
Sprinkler Description
Auto Sprinkler: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Water Access
Lake Access: 1
Water View
Lake: 1
Construction Materials
Stucco: 1
Other: 1
Laundry Features
In Bathroom: 1
Inside: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Contract: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Aluminum: 1
Shingle: 1
Water Source
Public: 1
Waterfront Features
Lake Front: 1
Seawall: 1
Boat and Dock Information
Dock: Yes
Boat and Dock Features
Private Dock: 1
Cooling
Ductless: 1
Heat Pump: 1
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Main Living Area
Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Number Limit: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Indian Trail Improvement District: 1
Outdoor Living Spaces
Deck: 1
Porch: 1
Porch Details
Porch - Screened: 1
Unit 1 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1
Baths Full: 4
Beds Total: 4
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 1848
Unit 1 Lease Description
Currently Leased YN: No
Occupant Type: Vacant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1
Baths Full: 2
Beds Total: 4
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 1160
Unit 2 Lease Description
Currently Leased YN: No
Occupant Type: Vacant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Family Room: 1
Kitchen: 1
Price Calculations
Current Price To SqFt: 394.86
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-07-12T19:36:49Z
Major Change Type: New Listing
Status Change Date: 2026-07-12
Originating Details
Originating System Key: 20260711141414639460000000
Originating System ID: M00000170
Property Features
Documents Available: Deposit - Last Months Rent
Exterior Features: Courtyard
Flooring: Ceramic Tile; Tile; Wood
Leasing Permitted Details: Okay To Lease
Property Condition: Updated/Remodeled
Special Listing Conditions: Standard
Tenant Pays: None
Boat and Dock Features: Private Dock
Construction Materials: Stucco; Other
Cooling: Ductless; Heat Pump; Wall/Window Unit(s)
Heating: Heat Pump; Window/Wall
Laundry Features: In Bathroom; Inside
Listing Terms: 1031 Exchange; Cash; Contract; Conventional; FHA; VA Loan
Main Living Area: Entry Level
Other Structures: Gazebo
Pets Allowed YN: Yes
Pets Allowed: Number Limit
Possession: Negotiable
Restrictions: No Restrictions
Roof: Aluminum; Shingle
Sewer: Septic Tank
Sprinkler Description: Auto Sprinkler
Tax Information: City/County; Indian Trail Improvement District
Utilities: Cable Connected; Electricity Connected; Phone Connected; Water Connected
Water Access: Lake Access
Water Source: Public
Water View: Lake
Waterfront Features: Lake Front; Seawall
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Deck; Porch
Porch Details: Porch - Screened
Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking; Parking Space
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Family Room; Kitchen
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Supplements
Property comes fully Furnished! Along with everything needed for a turn key Airbnb or VRBO. Each unit is stocked with Plates, Cups, Coffee Maker, Sheets, Towels and Pillows. Shared Laundry room with commercial / customer pay washer and dryer. Nothing needs to be added. Just buy it and start renting it out on day 1
Listing Office: LPT Realty, LLC
Last Updated: July - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
