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Move-In Ready 2-Bed Villa

160 Parkview Circle Lake Placid, FL 33852

160 Parkview Circle, Lake Placid, FL, 33852
$154,500
For Sale
$154,500

SINGLE_FAMILY - Lake Placid, FL

Property Size1,576 SF
Lot Size0.11 Acres
Price / SF$98.03
Days on Market64

Property Features for 160 Parkview Circle

General Information

Property type
Residential
Property subtype
Duplex
Zoning
M1FUD
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Garage
Pets allowed
Yes, Call
Standard status
Active
APN
C-15-36-29-060-0100-0150
Size
1,576 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
VENETIAN VILLAGE REVISED PB 11-PG 12 LOT 15 BLK 10
Tax Annual Amount
2514

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air

Building Details

Year built
1982
Floors in Building
1
Flooring type
Tile, Laminate
Building materials
Concrete Block
Roof type
Shingle
Architectural style
Other
Listing agency Paradise Real Estate International LLC
Listed by German Paz
Added: May 19 Updated: Jul 21 at 8:02PM Checked: Jul 21 at 10:06PM
MLS# 325517

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.

Located in Covered Bridge, a 55+ community in Lake Placid, Florida, this well-maintained 2-bedroom, 2-bath villa offers a move-in ready setup and is being sold fully furnished. The home has had recent maintenance and upgrades, including a replaced irrigation pump, completed A/C maintenance, and professional servicing of the irrigation system.

The HOA provides a wide range of amenities, including basic cable TV and lawn mowing, along with pool and hot tub access, a game room, exercise room, library, and clubhouse. Community facilities also include boat/RV storage and a private boat launch into a deep-water canal system that connects to Lake June and Lake Carrie.

For added convenience, the seller will remove personal items with sentimental value from the garage, and the property is described as being in a quiet area at the back of the community.

Key Highlights

  • 2‑bedroom, 2‑bath villa in a 55+ community (Year built: 1982)
  • HOA is $112/month and includes basic cable TV and lawn mowing
  • Community amenities include pool, hot tub, game room, exercise room, library, clubhouse, pickleball, and shuffleboard

Local Financial Insights For Apartment 5plus

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 $25.5k $16.20
− Vacancy −$1.5k −$0.94
EGI $24.1k $15.26
− OpEx −$10.8k −$6.87
NOI $13.2k $8.39
1,576 SF · lease $16.20/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$203.4K
$177.9K – $237.3K (±1% cap)
NOI $14,235 @ 7.0% cap · market cap 9.21%
Second Best
Apartment 5plus
$189.0K
$165.4K – $220.5K (±1% cap)
NOI $13,228 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$327.9K
$286.9K – $382.5K (±1% cap)
NOI $22,952 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Auto Repair Shop Carpet & Flooring Store

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

FAQs

What type of property is this?
Duplex - 2-bedroom, 2-bath villa in a 55+ community with an HOA that covers lawn mowing and community amenities.
Where is this duplex located?
The property is located at 160 Parkview Circle Lake Placid, FL.
What is the asking price?
The asking price for this property is $154,500.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath villa in a 55+ community (Year built: 1982); HOA is $112/month and includes basic cable TV and lawn mowing; Community amenities include pool, hot tub, game room, exercise room, library, clubhouse, pickleball, and shuffleboard
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