PRICED TO SELL! WATERFRONT DUPLEX WITH INCOME POTENTIAL! Enjoy the best of lakefront living in this beautifully updated duplex located in the desirable Sun and Lakes community. Situated on a spacious ¼-acre corner lot with canal access to Grassy Lake, this unique property offers flexibility for multi-generational living, guests, or rental income. The property features two separate homes, each thoughtfully updated with shaker-style kitchens, quartz countertops, stainless steel appliances, newer A/C systems (2023), a brand-new water filtration system (2025), and modern metal energy-efficient roofs. Unit 1 offers 2 bedrooms, 1 bathroom, a bright sunroom, and a dedicated laundry room with a washer and dryer (2025). Unit 2 offers 1 bedroom, 1 bathroom, a sunroom, and additional storage—ideal for guests, extended family, or rental use. Step outside and enjoy the waterfront lifestyle with canal access to Lake Grassy, perfect for boating and water activities. Sun and Lakes residents also enjoy access to a community boat ramp, tennis courts, pickleball, and clubhouse amenities, included through the property taxes. Whether you're looking for an investment property, a flexible multi-family setup, or a place to live in one home while generating income from the other, this property offers a rare combination of waterfront living, space, updates, and income potential. Don't miss this opportunity!
Courtesy: REMAX EXPERTS
863-802-5262
INVESTMENT OPPORTUNITY! Well-maintained duplex featuring two spacious 3-bedroom, 2-bath units, each with an attached 1-car garage. Both units are currently leased, offering an opportunity to acquire an income-producing property with tenants already in place. Conveniently located just west of beautiful Lake June, each unit features a large, open floor plan with tile throughout the main living areas. The kitchen offers a large center island with bar seating, a closet pantry, and an open design connecting the dining area and family room. Each primary suite includes a walk-in closet and private en-suite bath with dual vanities, a garden tub, and separate walk-in shower. Bedrooms 2 and 3 are positioned toward the front of each unit and share a spacious full bathroom. Each unit has its own private well and attached garage. No HOA or deed restrictions provide added flexibility for ownership. An adjacent lot to the east is also available for purchase at an additional cost, creating an opportunity for buyers seeking additional land. Both units are tenant occupied and currently leased. Please do not disturb tenants. Lease and rental information available upon request. Listing photos were taken prior to the current tenants’ occupancy and depict the units while vacant.
Courtesy: PARADISE REAL ESTATE INTL
561-203-6200
Discover a fantastic opportunity to own a full duplex in the desirable Placid Lakes community of Lake Placid. With both side vacant, this property is perfect for an owner-occupant or investor—live in one unit while generating income from the other. Both units feature identical layouts with two spacious bedrooms and two full bathrooms, complete with tile flooring throughout for easy maintenance. The galley kitchen opens to a bright dining and living area, with sliding glass doors leading to the backyard. Each unit also includes a private laundry room. Situated on nearly a quarter-acre, this well-maintained duplex offers space, privacy, and flexibility. Residents of Placid Lakes enjoy access to Lake June-in-Winter for boating, fishing, and outdoor recreation, along with a private park and boat ramp. Known for its charm and affordability, Lake Placid offers a relaxed Central Florida lifestyle with small-town appeal and easy access to major destinations. A versatile investment in a growing, sought-after area.$1,000 Lender Credit Available, inquire today!
5 Units! 6.5-7.3% CapRate. See attached Offering Memorandum for Income/Expenses. 100% Occupied. Prime Multifamily Investment! Well-maintained 5-unit property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath units—appealing to a wide range of tenants. Property is easy to manage, tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by owner & running efficiently. Fresh painted exterior. Building is topped w/ durable metal roof & use of window A/C units helps keep maintenance simple & cost-effective. Rents adjusted at renewal, providing built-in upside for future income growth.
PRICED TO SELL!!! Remodeled Waterfront Duplex with Income Potential in the Sun and Lakes Community! Live on the lake and earn income! This updated duplex features 2 separate houses—each with new shaker kitchens, quartz counters, stainless steel appliances, Newer A/Cs (2023), brand-new water filtration system (2025), and modern metal roofs. Unit 1: 2BR/1BA + sun room + laundry room with washer/dryer (2025), Unit 2: 1BR/1BA + sun room + storage room —perfect for guests or extra income. Huge ¼-acre corner lot with canal access to Lake Grassy—bring your boat or jet skis! Enjoy community amenities: boat ramp, tennis, pickleball, clubhouse, included with your property taxes $35/year. Great for investors, Airbnb, or house-hackers. Live the lakefront lifestyle and let it pay for itself!
PRICED TO SELL!!! Remodeled Waterfront Duplex with Income Potential in the Sun and Lakes Community! Live on the lake and earn income! This updated duplex features 2 separate houses—each with new shaker kitchens, quartz counters, stainless steel appliances, Newer A/Cs (2023), brand-new water filtration system (2025), and modern metal energy efficient roofs. Unit 1: 2BR/1BA + sun room + laundry room with washer/dryer (2025), Unit 2: 1BR/1BA + sun room + storage room —perfect for guests or extra income. Huge ¼-acre corner lot with canal access to Lake Grassy—bring your boat or jet skis! Enjoy community amenities: boat ramp, tennis, pickleball, clubhouse, included with your property taxes. Great for investors, Airbnb, or to live in 1 house and let the lakefront lifestyle pay for itself!
6.05-acre waterfront property on Lake Grassy with frontage on Highway 27. Includes a 9-unit complex built in 2008: five single-story (2 beds, 2 baths) and four two-story units (3 beds, 2.5 baths). Fully paved roads, utilities, and a valid wastewater permit through 2029 make this a shovel-ready project. Approved plans for 42 additional 3-bed, 2.5-bath units (approx. 1,565 sq. ft.) can be adapted to suit your vision. Also features space for a community pool. Existing income-producing units, highway visibility, and water access make it an ideal turnkey opportunity for developers or investors
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Lake Placid is located in Florida. Lake Placid, Florida has a population of 2,433. Lake Placid is more family-centric than the surrounding county with 27.22% of the households containing married families with children. The county average for households married with children is 18.31%.
The median household income in Lake Placid, Florida is $41,610. The median household income for the surrounding county is $46,895 compared to the national median of $69,021. The median age of people living in Lake Placid is 38 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 47.2 degrees. The average rainfall is approximately 51 inches per year, with 0 inches of snow per year.
