Sold for $560,000

$560,000

121 Sunset Ter Unit 10, Lake Placid, FL 33852

7beds

3,286sqft

Condominium

Built in 1971

-- sqft lot

$607,800 Zestimate^®

$170/sqft

$3,451 Estimated rent

Home value

$607,800

$547,000 - $687,000

$3,451/mo

Zestimate^® history

Owner options

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$3,451/mo

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$3,451/mo

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$4,271/mo

Est. payment

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$4,271/mo

Est. payment

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What's special

On the shores of Lake Placid, you will find this unique property with every feature you desire for a lakefront, resort-style living. Enjoy 300 feet of white sandy beach, chickee hut, dock, barbeque area, and the community boat ramp. The home boasts 7 bedrooms, 6.5 bathrooms, 3 living rooms, 2 kitchens, and multiple screened porches making this the perfect vacation rental investment opportunity or to be used for your own personal enjoyment. Community rental management is provided as a bonus, should you choose to utilize that opportunity. The property also includes 4 assigned parking spaces to accommodate your guest.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Primary bedroom

Level: Second
Dimensions: 16.5 x 15

Bedroom 2

Level: Main
Dimensions: 13 x 14

Bedroom 3

Level: Main
Dimensions: 13 x 12

Bedroom 4

Level: Second
Dimensions: 11.5 x 10.5

Bedroom 5

Level: Second
Dimensions: 11.5 x 11

Primary bathroom

Level: Second
Dimensions: 11.5 x 9

Bathroom 2

Level: Main
Dimensions: 7.5 x 4

Bathroom 3

Level: Main
Dimensions: 7.5 x 5

Bathroom 4

Level: Main
Dimensions: 7 x 5

Bathroom 5

Level: Second
Dimensions: 8 x 7

Family room

Level: Main
Dimensions: 18 x 14

Kitchen

Level: Main
Dimensions: 12.5 x 10.5

Living room

Level: Main
Dimensions: 17.5 x 15

Porch

Level: Main
Dimensions: 35 x 16.5

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Built-In Oven, Convection Oven, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator

Features

Flooring: Carpet, Tile, Vinyl
Windows: Single Hung

Interior area

Total structure area: 4,385
Total interior livable area: 3,286 sqft

Property

Parking

Parking features: Assigned, Detached

Features

Levels: Two
Stories: 2
Patio & porch: Rear Porch, Covered, Front Porch, Screened, Side Porch
Pool features: None
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Body of water: Placid
Frontage type: Lakefront
Frontage length: 105

Lot

Size: 3,920 Square Feet

Details

Additional parcels included: ,,
Parcel number: C07373010000000100
Zoning description: R3FUD
Special conditions: None

Construction

Type & style

Home type: Condo
Architectural style: Two Story
Property subtype: Condominium

Materials

Block, Concrete, Stucco
Roof: Rolled/Hot Mop

Condition

Resale
Year built: 1971

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available

Community & HOA

HOA

Has HOA: Yes
HOA fee: $570 quarterly

Location

Region: Lake Placid

Financial & listing details

Price per square foot: $170/sqft
Tax assessed value: $434,264
Annual tax amount: $4,548
Date on market: 3/20/2024
Cumulative days on market: 252 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash
Road surface type: Paved

Price history

Date	Event	Price
7/29/2024	Sold	$560,000-15.8%$170/sqft
Source: Public Record Report a problem
5/30/2024	Pending sale	$665,000$202/sqft
Source: HFMLS #297809 Report a problem
9/15/2023	Listed for sale	$665,000+66.3%$202/sqft
Source: HFMLS #297809 Report a problem
9/18/2007	Sold	$400,000$122/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,020 +16.2%	$434,264 +17.3%
2024	$5,179 -2.3%	$370,290 -3.2%
2023	$5,299 +16.5%	$382,507 +6%
2022	$4,548 +16.3%	$360,983 +44.2%
2021	$3,911 -18.5%	$250,328 -20.4%
2020	$4,798	$314,462 +4.1%
2019	$4,798 +3.6%	$302,167 +5.8%
2018	$4,632 +4.2%	$285,524 +0%
2017	$4,446 +0.6%	$285,450 +2.4%
2016	$4,417 -0.4%	$278,691 +6.2%
2015	$4,434 +4.6%	$262,395
2014	$4,240	--
2013	--	--
2012	--	--
2011	--	--
2010	--	--
2009	--	--
2008	--	--
2007	--	--