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Furnished Short-Term Rental Property
For Sale
$1,600,000

722 Lake June Rd, Lake Placid, FL 33852

Seven renovated units across three structures offer furnished accommodations with shared laundry and lake views.

Property Size4,052 SF
Days on Market49

Property Features for 722 Lake June Rd

General Information

Standard status Active
Size 4,052 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $10,391

Building Details

Building Size 4,052 SF
Year Built 1955
Stories 1
Units 2
Listing Agency: LPT Realty
Listed By: Shawn Lago · License #3659693
Source: Elliman
Added: Jul 14 Changed: Aug 30 Last Checked: Aug 30 at 10:58PM

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 LPT Realty

Investment Insights

Based on property information with market context.

This furnished short-term rental property includes 7 renovated units distributed among 3 separate structures. The unit mix comprises four one-bedroom, one-bath units; two two-bedroom, one-bath units; and a two-bedroom cottage with one bath. Each unit includes a kitchen and living area, with pullout sofa sleeping capacity ranging from 4 to 6 guests. New appliances, flooring, and cabinets were installed during the renovations, and the property is furnished with kitchenware, linens, towels, pillows, and coffee makers.

The property is located at 722 Lake June Rd in Lake Placid, with views toward Lake June and a wooden front deck. A shared laundry room contains commercial/customer-pay laundry equipment. Built in 1955, the property is configured for furnished short-term rental use and includes the operational furnishings and supplies described above.

Key Highlights

  • 7 renovated units in 3 separate structures
  • Unit mix includes four 1‑bedroom units, two 2‑bedroom units, and a 2‑bedroom cottage
  • Furnished with appliances, kitchenware, linens, towels, pillows, and coffee makers

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

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

11
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?
Short term rental property - Seven renovated units across three structures offer furnished accommodations with shared laundry and lake views.
Where is this short term rental property located?
The property is located at 722 Lake June Rd Lake Placid, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 7 renovated units in 3 separate structures; Unit mix includes four 1‑bedroom units, two 2‑bedroom units, and a 2‑bedroom cottage; Furnished with appliances, kitchenware, linens, towels, pillows, and coffee makers
More about this property
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