Income-Producing Duplex in Lake
For Sale
Under Contract
$249,500
581 Vanguard Avenue NW, Lake Placid, FL 33852
MULTI_FAMILY - Lake Placid, FL
Property SizeContact for details
Lot Size0.34 Acres
Days on Market114
Property Features for 581 Vanguard Avenue NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, 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 Property will be on your left: 581-585 Vanguard Ave NW.
Standard status
Active Under Contract
APN
C-14-37-29-110-1370-0100
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PLACID LAKES SEC 11 PB 8 PG 7 LOT 10 BLK 137
Tax Annual Amount
2816
Legal Description
PLACID LAKES SEC 11 PB 8 PG 7 LOT 10 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 5:06AM
MLS# 324955
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Investment Insights
Based on property information with market context.
This maintained duplex features two 2-bedroom, 1-bathroom units, situated in the Placid Lakes community of Lake Placid, FL. The property offers cash flow and future upside. Each unit provides functional layouts appealing to long-term tenants and strong rental potential. Located in a rapidly growing area, Lake Placid is experiencing improvements, including a revitalized downtown Main Street district with new shops, dining, and community enhancements, making it an increasingly attractive rental market. This duplex is suitable for building a portfolio or securing a steady income stream. The property is located at 581-585 Vanguard Ave NW, Lake Placid, FL 33852. The lot size is 0.34 acres and the zoning is R2.
Key Highlights
- Income‑producing duplex at 581‑585 Vanguard Ave NW, Lake Placid, FL 33852
- Two units with matching layouts: each unit features 2 bedrooms and 1 full bathroom
- Built in 2006 with concrete block construction
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
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in growing Lake Placid, priced to sell!
Where is this duplex located?
The property is located at 581 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: Income‑producing duplex at 581‑585 Vanguard Ave NW, Lake Placid, FL 33852; Two units with matching layouts: each unit features 2 bedrooms and 1 full bathroom; Built in 2006 with concrete block construction
