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Sold for $713,000
  • $713,000

    164 Berton Dr, Lake Placid, FL 33852

    5beds
    --sqft
    Quadruplex, Multi Family
    Built in 1963
    -- sqft lot
    $693,800 Zestimate®
    $--/sqft
    $1,290 Estimated rent

    Home value

    $693,800

    $611,000 - $798,000

    $1,290/mo

    Zestimate® history
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    What's special

    Lake frontageScreened balconyBeautiful landscapingGuest parkingLots of upgradesClosed storageKeyless entry system
    INCOME PRODUCING INVESTMENT OPPORTUNITY! Don’t miss your chance to own this quadplex with lake frontage on Lake Placid. Turn-key and fully operational rental business being sold furnished with future bookings on the schedule. There are four units including a duplex both having 1 BR/1 BA, full kitchen and dining room, one unit on the second story facing the waterfront having 1 BR/1 BA, newly renovated with full kitchen, dining room, living room and a screened balcony overlooking the lake. The downstairs unit offers 2 BR/ 1 BA with full kitchen, dining room, and living room. Each unit has its own entrance, keyless entry system owned with remote access, and water filtration to all units. Just outside is the outdoor BBQ area that is covered with a nearby fish cleaning station. Walk out on the dock to enjoy the sunsets or bring your boat! There is a seawall and a covered boat lift. The property has beautiful landscaping, lots of upgrades, closed storage and a laundry room separate from the units. There is great earning potential since the rentals are booked seasonally and throughout the year. This property is located on a dead-end street and an additional lot is being sold with this property for guest parking and boat storage. A public boat ramp is nearby to allow guests to quickly unload their water toys. This is a rare opportunity, and nothing can compare to this on the lake! Call for more details and rental information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sara Young,

    Town & Country Properties

    Bought with:

    Sara Young, 3545600

    Town & Country Properties

    Source: HFMLS,MLS#: 297502Originating MLS: Heartland Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
    Features
    • Cable TV
    • Flooring: Laminate, Linoleum, Simulated Wood

    Property

    Parking
    • Parking features: Assigned, Detached
    Features
    • Levels: One,Two
    • Stories: 1
    • Exterior features: Awning(s)
    • 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: 75
    Lot
    • Size: 0.5 Acres
    Details
    • Additional parcels included: C08373002000B10000,,
    • Parcel number: C08373002000200070
    • Zoning description: 08 - MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: One Story,Two Story
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block, Frame, Concrete
    • Roof: Metal
    Condition
    • Excellent,Resale
    • Year built: 1963

    Utilities & green energy

    • Sewer: None, Septic Tank
    • Water: Private, Well
    • Utilities for property: Sewer Not Available

    Community & HOA

    Community
    • Security: Fire Sprinkler System
    HOA
    • Has HOA: No
    Location
    • Region: Lake Placid

    Financial & listing details

    • Tax assessed value: $336,877
    • Annual tax amount: $4,356
    • Date on market: 8/28/2023
    • Cumulative days on market: 18 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/17/2023Sold$713,000-10.3%
    Source: Public Record Report a problem
    9/15/2023Pending sale$795,000
    Source: HFMLS #297502 Report a problem
    8/28/2023Listed for sale$795,000+152.4%
    Source: HFMLS #297502 Report a problem
    5/20/2019Sold$315,000-19%
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20015629 Report a problem
    5/7/2019Pending sale$389,000
    Source: The Tucker Group, LLC #M20014954 Report a problem
    3/6/2019Price change$389,000-4%
    Source: The Tucker Group, LLC #M20014954 Report a problem
    1/10/2019Price change$405,000-13.6%
    Source: The Tucker Group, LLC #M20014954 Report a problem
    11/27/2018Listed for sale$469,000+55.6%
    Source: The Tucker Group, LLC #M20014954 Report a problem
    8/22/2014Sold$301,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,568 -1.3%$336,877 -2.2%
    2024$5,640 +14.7%$344,511 +1.3%
    2023$4,919 +12.9%$340,179 +30.6%
    2022$4,357 +3.1%$260,423 +5.7%
    2021$4,226 +18%$246,415 +33.3%
    2020$3,582 $184,828 -13.5%
    2019$3,582 -10.8%$213,715 -6.3%
    2018$4,016 +0.3%$228,041 +26.7%
    2017$4,005 +13%$179,976 +1.4%
    2016$3,545 -0.1%$177,508 +12.6%
    2015$3,547 +13.1%$157,654
    2014$3,136 --
    2013-- --
    2011-- --
    2010-- --
    2007-- --
    2005-- --
    2004-- --
    2003-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 33852

    Nearby schools

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