Single-Family Home with Florida
7 Maplewood Court Lake Placid, FL 33852
For Sale
$230,000
SINGLE_FAMILY - Lake Placid, FL
Property Size2,065 SF
Lot Size0.18 Acres
Price / SF$111.38
Days on Market69
Property Features for 7 Maplewood Court
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R3FUD
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
- Parking features
- Garage
- Interior features
- BB / HS Internet Available, Blinds, Cable TV Available, Ceiling Fans, Garage Door Opener, Low Threshold Shower
- Appliances
- Dishwasher, Disposal, Refrigerator(s), Stove(s) / Range(s) Oven(s)
- Standard status
- Active
- APN
- C-25-36-29-080-00L0-03A0
- Size
- 2,065 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TOMOKA HEIGHTS SEC FOUR PB 14 PG 52 LOT 3A BLK L
- Tax Annual Amount
- 2806
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Flooring type
- Tile, Carpet
- Building materials
- Concrete Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
RE/MAX REALTY PLUS
(863) 385-0077
Listed By:
Katie Wilson
(863) 464-0848
Added: May 19
Changed: Jul 23
Last Checked: Jul 26 at 10:06AM
MLS# 325487
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 well maintained single-family home offers 2 bedrooms and 2 bathrooms, with an abundance of natural light throughout. A bonus/Florida room is under air and provides flexible space for a variety of uses. The kitchen has been updated, and the property includes both an enclosed front porch and a separate screened front porch for year-round outdoor enjoyment.
Situated in the Tomoka Heights community, the home is part of an active gated 55+ neighborhood. Residents have access to a large clubhouse, community pool, jacuzzi, tennis courts, and a screened lakefront gathering area. Boating enthusiasts can take advantage of a private boat launch and docking area with access to the water.
With zoning listed as R3FUD, this property is designed for comfortable day-to-day living within the community setting.
Situated in the Tomoka Heights community, the home is part of an active gated 55+ neighborhood. Residents have access to a large clubhouse, community pool, jacuzzi, tennis courts, and a screened lakefront gathering area. Boating enthusiasts can take advantage of a private boat launch and docking area with access to the water.
With zoning listed as R3FUD, this property is designed for comfortable day-to-day living within the community setting.
Key Highlights
- 2‑bedroom, 2‑bath home built in 1986 in the Tomoka Heights gated 55+ community
- Bonus/Florida room under air plus enclosed front porch and separate screened front porch
- Updated kitchen with dishwasher, disposal, refrigerator, and stove/range/oven
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 | $28.5k | $13.80 |
| − Vacancy | −$1.9k | −$0.90 |
| EGI | $26.6k | $12.90 |
| − OpEx | −$8.0k | −$3.87 |
| NOI | $18.7k | $9.03 |
2,065 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$266.4K
$233.1K – $310.9K
NOI $18,651 @ 7.0% cap · market cap 8.11%
Second Best
Apartment 5plus
$247.6K
$216.7K – $288.9K
NOI $17,332 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$429.6K
$375.9K – $501.2K
NOI $30,073 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - 2 bed, 2 bath home with a bonus Florida room under air, plus enclosed and screened front porches.
Where is this duplex located?
The property is located at 7 Maplewood Court Lake Placid, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath home built in 1986 in the Tomoka Heights gated 55+ community; Bonus/Florida room under air plus enclosed front porch and separate screened front porch; Updated kitchen with dishwasher, disposal, refrigerator, and stove/range/oven
