Lake Placid Duplex Investment
For Sale
Under Contract
$249,500
573 Vanguard Avenue NW, Lake Placid, FL 33852
MULTI_FAMILY - Lake Placid, FL
Property SizeContact for details
Lot Size0.23 Acres
Days on Market114
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
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 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
Central, Electric (Heating)
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
(863) 272-7540
Listed By:
Jessica Nunez
(863) 446-2701
Added: Apr 28
Changed: Aug 5
Last Checked: Aug 19 at 6:06AM
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.
This maintained duplex features two 2-bedroom, 1-bathroom units in the Placid Lakes community of Lake Placid, FL. The property offers affordability and income potential. Each unit features functional layouts suitable for long-term tenants. The location benefits from strong rental demand in a growing area. Lake Placid is experiencing continued growth and revitalization, including improvements to its downtown Main Street district with new shops, dining, and local attractions. The property presents consistent rental income and low operating expenses, with the opportunity to increase rents over time. This duplex is suitable for expanding a portfolio, generating passive income. The property is situated on a 0.23-acre lot. Photos shown are only of 577 Vanguard Ave. NW.
Key Highlights
- Duplex at 573‑577 Vanguard Ave NW, Lake Placid, FL 33852 with two 2‑bedroom, 1‑bath units
- Year built 2006 with concrete block construction and shingle roof
- Each unit includes functional kitchen appliances: dishwasher, refrigerator, and stove/range oven
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two income-producing units in a growing Lake Placid community.
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: Duplex at 573‑577 Vanguard Ave NW, Lake Placid, FL 33852 with two 2‑bedroom, 1‑bath units; Year built 2006 with concrete block construction and shingle roof; Each unit includes functional kitchen appliances: dishwasher, refrigerator, and stove/range oven
