120 Eula Rd, Lake Placid, FL 33852

$25,500 Asking Price

OWNER WILL FINANCE 5K DOWN 405.92 PER MONTH FOR 60 MONTHS 7% INTREST. MULTI FAMILY DUPLEX OR TRIPLEX ZONED R-3 lot located in Placid Lakes in a serene setting surrounded by open pasture. The perfect investment lot to build a duplex and capitalize on the rent shortage. Lake Placid is a charming town located in South Central Florida and surrounded by dozens of lakes and "old" Florida. This particular piece is adjacent to a 2,700 acre ranch, so no worries if you're looking for privacy.

Features & Amenities

Exterior

General:
None

Location

Originating MLS:
Miami Association of REALTORS®
County:
Highlands County

Lot

Zoning:
R3, PLACID LAKES SEC 16 PB 8-PG 18 + PB 9-PG 2 LOT 27 BLK 114, C-14-37-29-160-1140-0270
Current Use:
Multi-Family, Recreational

Financial

Source:
Miami Association of REALTORS®, Miami Association of REALTORS®

This listing courtesy of:
Investment Real Estate, Milan Boyanich

About Lake Placid, FL

Housing

Number of Units
13,868
Median Home Value
$149,978
Median Rent
$695

17.18% of housing units are renter occupied.

25.50% are vacant.

Commute

Car
74.17%
Public Transportation
1.86%
Walk to Work
2.48%
Work from Home
20.86%
Other
0.33%

The median travel time to work is 18 minutes.

People

Population
23,306
Median Age
51.80
Median Household Size
2.39

Education

High School
45.36%
Associate’s Degree
7.23%
Bachelor’s Degree
8.58%
Graduate Degree
5.93%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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