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    667 Seneca Dr Lake Placid, FL 33852

    For Sale
    $115,000

    Residential Land, 0.36 Acres, $115,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.36-acre residential lot is situated directly on the Placid Lakes Airport runway (18-36), measuring 60 feet by 4,800 feet. The property is zoned R1A, offering a unique opportunity to build a hangar home. On-site fuel is readily available, adding to the convenience of this prime location. Enjoy the benefits of South Central Florida living, with easy access to recreational amenities. Nearby attractions include the Placid Lakes Golf and Country Club (open to the public), Lake June in Winter (a resident's park with a boat ramp), and Lake Placid (a county park with a boat ramp). The land is priced at $7.36 per square foot, totaling $115,000. The property's APN is C-14-37-29-190-0010-0640, and ownership is held by LAKE AIRPORT INC. This is a rare opportunity to own a piece of property directly on an airport runway, offering unparalleled convenience and a desirable lifestyle. Additional lots on the runway are also available. This property presents a unique investment opportunity for those seeking a blend of aviation convenience and comfortable Florida living. The location offers a tranquil setting while remaining close to local amenities and recreational activities. This is a remarkable chance to build your dream home in a highly sought-after location.

    Property Features for 667 Seneca Dr

    General Information

    Property type
    Land
    Lot Size
    15,682 SF

    HighLights

    • 0.36‑acre lot directly on Placid Lakes Airport runway (18‑36), 60' x 4800'.
    • R1A zoning allows hangar home construction.
    • On‑site fuel available.
    • Priced at $115,000 ($7.36/sq ft).
    • APN: C‑14‑37‑29‑190‑0010‑0640; Owned by LAKE AIRPORT INC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Furniture Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.4128693
    Latitude
    27.24031

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    FAQs

    What type of property is this?
    Land - Residential Land, 0.36 Acres, $115,000
    Where is this land located?
    The property is located at 667 Seneca Dr Lake Placid, FL.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: 0.36-acre lot directly on Placid Lakes Airport runway (18-36), 60' x 4800'.; R1A zoning allows hangar home construction.; On-site fuel available.
    Request Owner's contact information
    667 Seneca Dr Lake Placid, FL 33852
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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
    667 Seneca Dr Lake Placid, FL 33852
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