603 Summit St, Lake Placid, FL 33852

GREAT INVESTMENT OPPORTUNITY IN LAKE PLACID! This spacious duplex features two 2-bedroom, 2-bathroom units, each offering approximately 1,100 square feet under air. The property features 8-gauge metal roofing, new windows, ceramic tile flooring throughout, spacious living areas, and a fenced outdoor area. LIVE IN ONE SIDE AND RENT OUT THE OTHER! This is a great opportunity for buyers looking to become homeowners while using rental income from the neighboring unit to help offset their monthly mortgage payment. Investors will also appreciate the potential to convert the property into four separate 1-bedroom, 1-bathroom apartments, subject to local zoning and approval. Conveniently located near downtown Lake Placid and directly behind the iconic Lake Placid Tower, which has been discussed for future renovation and revitalization. Potential improvements to this landmark could add to the area's appeal and long-term investment value. Whether you're looking for a primary residence with rental income or an investment property, this duplex offers plenty of possibilities!