Looking for your next investment opportunity or a place to call home in one of Florida’s hidden gems? This 3-bedroom, 2-bath home with a 1-car garage is located in the highly sought-after Placid Lakes Community and it’s priced to move with a motivated seller!
Why Placid Lakes?
This neighborhood offers more than just a home—it delivers a lifestyle:
Access to Lake June, one of the area’s most popular lakes for boating & fishing
Quiet, well-established community with a laid-back Florida feel
Convenient access to Lake Placid and nearby Sebring for shopping, dining, and entertainment
Property Highlights:
3 Bedrooms | 2 Bathrooms
1-Car Garage
Solid layout with great potential
Ideal for rental income, seasonal living, or resale
Investor Take:
Opportunities in this area don’t last long between the lake access, and growing interest in the Lake Placid/Sebring market, this property checks the boxes for both cash flow and appreciation potential. Don’t miss your chance to get into Placid Lakes at the right price.
For sale
Price cut: $40K (5/23)
$180,000
127 Lime Rd NW, Lake Placid, FL 33852
3beds
1,536sqft
Single Family Residence
Built in 1972
10,018 Square Feet Lot
$-- Zestimate®
$117/sqft
$2/mo HOA
What's special
- 52 days |
- 599 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Sara Pipal,
The Pipal Group
Source: HFMLS,MLS#: 325142Originating MLS: Heartland Association Of Realtors
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bonus room
- Level: Main
- Dimensions: 12 x 24
Garage
- Level: Main
- Dimensions: 13 x 29
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 1,913
- Total interior livable area: 1,536 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Front Porch, Open, Screened
- Pool features: None
- Frontage length: 80
Lot
- Size: 10,018 Square Feet
Details
- Additional parcels included: ,,
- Parcel number: C14372906006000310
- Zoning description: R1A
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Placid Lakes
HOA
- Has HOA: Yes
- HOA fee: $25 annually
Location
- Region: Lake Placid
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $157,883
- Annual tax amount: $865
- Date on market: 5/5/2026
- Cumulative days on market: 83 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,765/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Listed for sale | $180,000$117/sqft |
Source: HFMLS #325142 Report a problem | ||
| 5/30/2026 | Pending sale | $180,000$117/sqft |
Source: HFMLS #325142 Report a problem | ||
| 5/23/2026 | Price change | $180,000-18.2%$117/sqft |
Source: HFMLS #325142 Report a problem | ||
| 5/5/2026 | Listed for sale | $220,000+193.3%$143/sqft |
Source: HFMLS #325142 Report a problem | ||
| 10/9/2014 | Sold | $75,000-50.7%$49/sqft |
Source: Public Record Report a problem | ||
| 9/26/2005 | Sold | $152,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $866 +3.3% | $72,488 +2.9% |
| 2024 | $838 +4.5% | $70,445 +3% |
| 2023 | $801 +3% | $68,393 +3% |
| 2022 | $778 -0.1% | $66,401 +3% |
| 2021 | $779 +5.5% | $64,467 +1.4% |
| 2020 | $739 | $63,577 +2.3% |
| 2019 | $739 +1.7% | $62,148 +1.9% |
| 2018 | $726 +0.7% | $60,989 +2.1% |
| 2017 | $721 +8.1% | $59,735 +2.1% |
| 2016 | $667 -0.9% | $58,506 +0.7% |
| 2015 | $673 +6% | $58,099 |
| 2014 | $635 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
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| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33852
Nearby schools
GreatSchools rating
- 9/10Lake Placid Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 4/10Lake Placid Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Lake Placid High SchoolGrades: PK,9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Lake Placid Elementary
- Middle: Lake Placid Middle
- High: Lake Placid High
Source: HFMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Highlands County
- Lake Placid
- 33852
- 127 Lime Rd NW
Nearby cities
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