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    708 Concert Dr Lake Placid, FL 33852

    For Sale
    Contact for pricing

    Buildable lot, prime location, near amenities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 9,779 square foot commercial and residential lot presents a unique investment opportunity in the desirable Sun N Lakes community of Lake Placid, Florida. Located in Unit 19, this 0.22-acre parcel offers the potential for diverse development. Its convenient location provides easy access to essential services and community resources. Just a short 4-minute drive (2.1 miles) will take you to the Winn Dixie Supermarket, ensuring everyday convenience. For families, Lake Placid High School is a mere 9-minute drive (4.7 miles) away. The property's address is 708 Concert Drive, Lake Placid, FL 33852, within Highlands County. Access is straightforward: From US Highway 27, travel east on County Road 29 for 1.5 miles, turn right onto S. Sun N Lakes Boulevard for 0.1 miles, and then left onto Concert Drive. The lot is situated on the right-hand side. The proximity to Lake Betty adds to the appeal of this versatile property, making it ideal for both commercial and residential ventures. This is a rare opportunity to acquire a buildable lot in a thriving Florida community at an attractive price point of $28,900.

    Property Features for 708 Concert Dr

    General Information

    Property type
    Land

    HighLights

    • $28,900 asking price.
    • 0.22‑acre commercial and residential land parcel.
    • 9,779 square foot lot size.
    • Located in Lake Placid, Florida, zip code 33852.
    • Situated near Lake Betty, Winn Dixie, and Lake Placid High School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Garden Center Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.321965
    Latitude
    27.265578

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    FAQs

    What type of property is this?
    Land - Buildable lot, prime location, near amenities.
    Where is this land located?
    The property is located at 708 Concert Dr Lake Placid, FL.
    What is the asking price?
    The asking price for this property is $28,900.
    What are key features of this property?
    This property features: $28,900 asking price.; 0.22-acre commercial and residential land parcel.; 9,779 square foot lot size.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    708 Concert Dr Lake Placid, FL 33852
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