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    Sebring, FL Eustis, FL Lorida, FL Venus, FL Mount Dora, FL
    Five-Unit Apartment Building
    Updated: Jun 17
    Five-Unit Apartment Building

    520 S Main Ave, Lake Placid, FL 33852

    $755,000
    Well‑maintained 5‑unit multifamily building built in 1982
    Unit mix includes one 3BD/1BA, two 2BD/1BA, and two 1BD/1BA apartments
    100% occupied and income‑producing per attached offering memorandum (see Income/Expenses)
    Property has window A/C units and a durable metal roof
    Freshly painted exterior and described as easy to manage; tenants can pay rent and send maintenance requests online
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Placid, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lakefront Multifamily Investment Opportunity
    Lakefront Multifamily Investment Opportunity

    1015 Lakeview Dr, Sebring, FL 33870

    $5,000,000
    28,000 sqft

    21 units including lakefront apartments and commercial building.

    View details
    34-Unit Apartment Property
    34-Unit Apartment Property

    1450 E GIBSON Street, Arcadia, FL 34266

    $4,300,000
    24,987 sqft 3.35 AC lot

    Seven block buildings offer renovated units, individual utility metering, and on-site laundry facilities.

    View details
    Multi-Family 5+ - ARCADIA, FL
    Multi-Family 5+ - ARCADIA, FL

    1450 E Gibson St, Arcadia, FL 34266

    $4,600,000
    24,987 sqft 3.35 AC lot

    34-unit multifamily community with value-add potential in Arcadia, Florida.

    View details
    Concrete-Block Apartment Buildings
    Concrete-Block Apartment Buildings

    2805 US Hwy 27 S, Sebring, FL 33870

    Contact for pricing

    Two buildings offer separately metered utilities and on-site laundry.

    View details

    Lake Placid, FL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Lake Placid, FL on our real estate platform.

    Sale prices for two-family homes in Lake Placid, FL average $755,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.0%
    Median Household Income $54,841
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

    Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33852 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.38%
    Property Tax per SF $22.67 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Highlands County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Highlands County

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