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Multifamily Portfolio with New Roofs
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765 Lake June Rd, Lake Placid, FL 33852

Two leased residential properties offer an established rental configuration with updated major systems.

Property SizeContact for details
Days on Market143

Property Features for 765 Lake June Rd

General Information

Standard status Active
Property subtype Multifamily

Financials

Cap Rate 8.6%
Gross Income $37,200

Building Details

Buildings 2
Construction CBS
Listing Agency:
Listed By: Julian Chavez · License #1056641
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Julian Chavez

Investment Insights

Based on property information with market context.

This multifamily offering comprises two parallel residential properties at 765 Lake June Rd in Lake Placid. Both buildings feature CBS construction, with roof systems and A/C equipment installed in 2024. The properties are operated under standard yearly leases, providing an established income-producing configuration, and tenants pay their own utilities.

The properties are positioned across from Lake June, providing a recognizable lakeside setting within Lake Placid. The portfolio combines two separately situated buildings under one offering, with recent improvements to key building systems already completed.

Key Highlights

  • Two multifamily properties included in the portfolio
  • CBS construction across both properties
  • Roof systems and A/C installed in 2024

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Electrical Service Law Firm Carpet & Flooring Store Travel Agency Bar & Pub

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

Location Intelligence

Trade Area within ½ mile

12
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

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?
Multifamily property - Two leased residential properties offer an established rental configuration with updated major systems.
Where is this multifamily property located?
The property is located at 765 Lake June Rd Lake Placid, FL.
What are key features of this property?
This property features: Two multifamily properties included in the portfolio; CBS construction across both properties; Roof systems and A/C installed in 2024
(786) 521-8539 Call to check price and availability
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