Prime multifamily lot available in the heart of Lake Placid, FL. This vacant property is zoned for multifamily use, making it an excellent opportunity for investors or builders looking to develop income-producing units in a growing area. The lot is ideally located near schools, shopping, dining, and several of Lake Placid’s beautiful lakes, offering convenience and appeal for future tenants or buyers. With paved road access and nearby utilities, it’s ready for development. Rental demand in the area remains strong, making this a smart investment for those looking to build for long-term appreciation or cash flow. Drive by and see the potential for yourself!
Sold for $32,500
$32,500
5511 Placid Lakes Blvd, Lake Placid, FL 33852
--beds
0baths
0.37Acres
Unimproved Land
Built in ----
0.37 Acres Lot
$-- Zestimate®
$--/sqft
$1,328 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,328/mo
Zestimate® history
Owner options
List your home for rent
$1,328/mo
Rent Zestimate®
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$1,328/mo
Rent Zestimate®
Refinance and save
$176/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$176/mo
Est. payment
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List your homeWhat's special
Nearby utilitiesVacant propertyZoned for multifamily usePaved road access
Zillow last checked:
Listing updated:
Listed by:
Ivan Barajas,
Keller Williams Realty Fort Myers and the Islands
Bought with:
Julian Chavez, III, 3361006
IBUY SFL
Source: HFMLS,MLS#: 315287Originating MLS: Heartland Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Frontage length: 107
Lot
- Size: 0.37 Acres
- Features: City Lot, Public Road
Details
- Additional parcels included: ,,
- Parcel number: C14372919008800051
- Zoning description: R3
- Special conditions: None
Utilities & green energy
- Utilities for property: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Placid
Financial & listing details
- Tax assessed value: $11,000
- Annual tax amount: $203
- Date on market: 5/15/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2025 | Sold | $32,500-7.1% |
Source: HFMLS #315287 Report a problem | ||
| 5/16/2025 | Pending sale | $35,000 |
Source: HFMLS #315287 Report a problem | ||
| 5/15/2025 | Listed for sale | $35,000+233.3% |
Source: HFMLS #315287 Report a problem | ||
| 2/24/2021 | Sold | $10,500-12.5% |
Source: Public Record Report a problem | ||
| 1/26/2021 | Contingent | $12,000 |
Source: HFMLS #277015 Report a problem | ||
| 1/25/2021 | Pending sale | $12,000 |
Source: COMPTON REALTY #277015 Report a problem | ||
| 12/24/2020 | Listed for sale | $12,000-20% |
Source: COMPTON REALTY #277015 Report a problem | ||
| 8/15/2006 | Sold | $15,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $219 +7.5% | $11,000 |
| 2024 | $203 +45.4% | $11,000 +83.3% |
| 2023 | $140 +7.4% | $6,000 |
| 2022 | $130 -9.2% | $6,000 -10.3% |
| 2021 | $143 -1% | $6,689 |
| 2020 | $145 | $6,689 |
| 2019 | $145 +0.9% | $6,689 |
| 2018 | $144 +0.1% | $6,689 |
| 2017 | $143 +12.1% | $6,689 |
| 2016 | $128 -2.2% | $6,689 |
| 2015 | $131 -1.3% | $6,689 |
| 2014 | $133 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 33852
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Nearby schools
GreatSchools rating
- 9/10Lake Placid Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 4/10Lake Placid Middle SchoolGrades: 6-8Distance: 3.5 mi
- 4/10Lake Placid High SchoolGrades: PK,9-12Distance: 3.3 mi
- Florida
- Highlands County
- Lake Placid
- 33852
- 5511 Placid Lakes Blvd
