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    1518 Prentice St Lake Placid, FL 33852

    Sponsored
    For Sale
    Contact for pricing

    Residential Lot - Lake Placid, FL

    Lot size:
    0.26 Acres
    Days on Market:
    279
    Last Refresh:
    Jan 7 at 8:06 am

    Property Features for 1518 Prentice St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    APN
    C-20-36-30-090-0060-0140
    Lot size
    0.26 Acres

    Building Details

    Architectural style
    Other

    Compton Realty Inc (863) 465-4158 [email protected]

    Listing agent Wes Tanner (863) 465-4158

    Listing date Apr 4, 2025

    MLS# 313519 Listing URL

    Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Lake Placid

    This residential lot, located in Lake Placid, Florida, is suitable for building or investment. The lot size is 0.26 acres and is zoned R1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Building Supply Garden Center Dry Cleaner

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.3192917
    Latitude
    27.3307064

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    FAQs

    What type of property is this?
    Land - Residential lot available for building or investment purposes.
    Where is this land located?
    The property is located at 1518 Prentice St Lake Placid, FL.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Great lot; - Suitable for building; - Suitable for investment
    (863) 464-0329
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    1518 Prentice St Lake Placid, FL 33852
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    Lake Placid, FL 33852
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1518 Prentice St Lake Placid, FL 33852
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