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Off market
  • $217,500

    1545 Cedarbrook St, Lake Placid, FL 33852

    3beds
    1,230sqft
    SingleFamily
    Built in 1965
    0.5 Acres Lot
    $217,500 Zestimate®
    $177/sqft
    $1,533 Estimated rent

    Home value

    $217,500

    $204,000 - $233,000

    $1,533/mo

    Zestimate® history
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    What's special

    Mid centuryPublic boat dockRanch styleNew countertopOriginal solid wooden cabinetsHobby studioVery close to town

    3/1 solid single block home, in Sylvan Shores, a single homes only neighborhood. No apartments, duplexes, townhouses, or HOAs. Sold as is with no known issues; inspections welcomed. This home is located in desirable Sylvan Shores, very close to town, hospital, and its great schools. WAWA just came to town, and Taco Bell is next. Lake Placid is 15 minutes to Sebring and less than two hours in any direction to the big cities, including Tampa, Orlando, Miami, and most east/west coastal towns! Taxes are super low in Highlands County and insurance cost is also very reasonable. Home is four blocks from Lake Clay and public boat dock, it is biking or walking distance. See photos of our lovely large neighborhood lake. This solid concrete, mid century, ranch style, home has 3 bedroom and 1 bathroom. It is on a very large DOUBLE lot, equaling 1/4 acre. The home has a spacious long living room with a custom built stone faux fireplace. It has a cozy kitchen with original solid wooden cabinets, new countertop, new farmer’s sink, and new modern stainless steel bronze tone faucet. The dining room is right next to the kitchen and overlooks the very large back yard through the lovely French doors. Home includes a working electric range, a working side by side refrigerator, and a washer and dryer. Water heater and air handler are newer too. The bathroom was professionally remodeled several years ago in neutral stone tone tiles. The shingled roof is only 6 years old. The home has original mid century modern terrazzo floors except for the bathroom and dining room, these have neutral tone stone tiles. The outside area has two attached car carports. In the back yard there is a detached electrified cement block tool room, and a large studio building. Turn it, with the addition of a bathroom, into an efficiency, office, hobby studio, or a mother-in-law’s guest space. The house has a large screened porch room, off the dining room, that faces the back yard. This house is on septic tank and well water, so no expensive water or sewer bills ever! Credit will be given at closing with full sale price for a new outside air conditioning unit, it has a leak. The home is block cement and structurally sound. The plumbing and electric are in working condition. Roof was replaced by local licensed roofing company about 5 years ago, paperwork is available. Also, I had the entire house and roof fully inspected six months ago when I changed over to a new insurance company. Report came back without any issues; this report is also available. This home has tons of growth potential. If you separate the two lots you may sell off the extra lot, check with the county. Build another house on that extra lot, park your camper or boat, or just rent out the extra lot. Building lots in this neighborhood are now selling for $18,000-$20,000 each! You may airbnb this home, there aren’t any rental restrictions or any HOAs. Please note, home has been closed for a while. It is just now being packed and spruced up for showing, but willing to show AS IS NOW if interested. Just had the house pressure cleaned, updated photos listed.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Other
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,230 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Carport, Off-street, On-street
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: C29363004000006580

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Year built: 1965

    Community & HOA

    Location
    • Region: Lake Placid

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $139,478
    • Annual tax amount: $1,665

    Price history

    DateEventPrice
    2/14/2023Sold$185,000+2.8%$150/sqft
    Source: Public Record Report a problem
    8/23/2022Price change$180,000+3.4%$146/sqft
    Source: Owner Report a problem
    5/23/2022Price change$174,000-3.3%$141/sqft
    Source: Owner Report a problem
    2/6/2022Price change$180,000+1.7%$146/sqft
    Source: Owner Report a problem
    1/31/2022Price change$177,000+0.8%$144/sqft
    Source: Owner Report a problem
    1/7/2022Listed for sale$175,600-7%$143/sqft
    Source: Owner Report a problem
    10/23/2021Listing removed--
    Source: Owner Report a problem
    7/9/2021Listed for sale$188,800+319.6%$153/sqft
    Source: Owner Report a problem
    3/10/2000Sold$45,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,665 +3.3%$139,348 +2.9%
    2024$1,612 -18.1%$135,421 +11.5%
    2023$1,969 +252.8%$121,416 +183.4%
    2022$558 +3.2%$42,849 +3%
    2021$541 +9.3%$41,601 +1%
    2020$495 $41,189 +2.3%
    2019$495 +3.9%$40,263 +1.9%
    2018$476 +2.9%$39,512 +2.1%
    2017$463 +15.9%$38,699 +3%
    2016$399 +3.2%$37,559 +0.7%
    2015$387 +10.3%$37,298
    2014$351 --
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    Find assessor info on the county website

    Neighborhood: 33852

    Nearby schools

    GreatSchools rating
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