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Single-Story Duplex
For Sale
Under Contract
$249,500

573 Vanguard Avenue NW, Lake Placid, FL 33852

Multi-Unit Investment, Single Story, Lake Placid, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market164

Property Features for 573 Vanguard Avenue NW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1
Appliances Dishwasher, Refrigerator(s), Stove(s) / Range(s) Oven(s), Wtr Heater-Electric
Directions From US-27 & Hammock Rd head SOUTH on US-27 toward Lake Placid to Right onto Placid Lakes Blvd to LEFT onto Lake June Rd to RIGHT onto Vanguard Ave NW. Property will be on your left: 573-577 Vanguard Ave NW.
Standard status Active Under Contract
APN C-14-37-29-110-1370-0090
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PLACID LAKES SEC 11 PB 8-PG 7 LOT 9 BLK 137
Tax Annual Amount 2830
Legal Description PLACID LAKES SEC 11 PB 8-PG 7 LOT 9 BLK 137

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Private

Building Details

Year built 2006
Floors in Building 1
Flooring type Tile
Building materials Concrete Block
Roof type Shingle
Architectural style Other
Listing Agency: Paradise Real Estate International LLC
Listed By: Jessica Nunez
Added: Apr 28 Changed: Sep 12 Last Checked: Oct 8 at 10:06PM
MLS# 324957

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.

Investment Insights

Based on property information with market context.

Built in 2006, this single-story duplex includes two residential units, each arranged with two bedrooms and one bathroom. Both units feature tile flooring, concrete block construction, central heating and central air conditioning, electric water heaters, and private water service. Appliances include refrigerators, dishwashers, and stove/range ovens.

The property occupies 0.23 acres at 573 Vanguard Avenue NW in Lake Placid, Florida, within R2 zoning. Shingle roofing completes the structure, while electric systems support both heating and cooling. The two-unit configuration provides a straightforward residential income property format in Highlands County.

Key Highlights

  • Two‑unit duplex with two 2‑bedroom, 1‑bathroom residences
  • 0.23‑acre property at 573 Vanguard Avenue NW, Lake Placid, FL 33852
  • Built in 2006 with concrete block construction

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 33852, FL

21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer matching two-bedroom, one-bath layouts with tile flooring and central heating and cooling.
Where is this duplex located?
The property is located at 573 Vanguard Avenue NW Lake Placid, FL.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Two‑unit duplex with two 2‑bedroom, 1‑bathroom residences; 0.23‑acre property at 573 Vanguard Avenue NW, Lake Placid, FL 33852; Built in 2006 with concrete block construction
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