101-103 Jasmine CT, Lake Placid, FL 33852
MULTI_FAMILY - Lake Placid, FL
- Added:
- Jun 26, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 1 at 1:06 pm
Property Features for 101-103 Jasmine CT
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3
- Parking
- 4
- Window features
- Blinds
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- C 22 37 30 010 00B0 0010
- Size
- 1,808 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUNN LAKES EST SEC 1 PB 8-PG 10 LOTS 1 + 2 BLK B
- Tax Annual Amount
- 3091
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Well
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Block, Frame, Stucco
- Roof type
- Aluminum
Listing agent Stephanie Leon License #3196121 (786) 664-7710
Listing office Realty Empire Incorporated 6625 Miami Lakes Dr Suite 494, Miami Lakes, FL (786) 664-7710
Listing date Jun 26, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Remodeled waterfront duplex in the Sun and Lakes Community with lake access via canal
- Huge 1/4‑acre corner lot with fenced yard and bring‑your‑boat/can‑access location to Lake Grassy
- Unit 1: 2BR/1BA with sun room and laundry room; washer/dryer (2025)
- Unit 2: 1BR/1BA with sun room and storage room
- Newer A/C units (2023) plus central heating and central air
- Brand‑new water filtration system (2025); well water and septic tank; aluminum roof
Overview
The property sits on a large corner lot and provides canal access to Lake Grassy, accommodating use for boating or jet skis. Located in the Sun and Lakes community, residents have access to shared amenities that include a boat ramp, tennis, pickleball, and a clubhouse. The public remarks also note that these amenities are included with property taxes of $35 per year.
With two distinct units and dedicated living space, the duplex is well suited for tenants or owners seeking rental income from a multi-unit setup. The mix of bedroom counts, along with sun rooms and in-unit laundry for Unit 1, supports a range of household needs and makes the layout practical for an owner-occupant or investor strategy, subject to the buyer’s intended use and financing.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.0k | $13.80 |
| − Vacancy | −$1.6k | −$0.90 |
| EGI | $23.3k | $12.90 |
| − OpEx | −$7.0k | −$3.87 |
| NOI | $16.3k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.325591
- Latitude
- 27.248447
