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    3129 Meridian Ave Lake Placid, FL 33852

    For Sale
    Contact for pricing

    Prime 0.23-acre corner lot, buildable residential/commercial.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9,863 square foot lot presents a unique investment opportunity in the desirable Leisure Lakes section of Lake Placid, Florida. Zoned for both commercial and residential use, this versatile property offers significant potential for development. Its convenient corner location at the intersection of Meridian Avenue and Pacific Street provides excellent visibility and accessibility. Situated near Lake June, this property enjoys a tranquil setting while remaining conveniently close to essential amenities. A short 11-minute drive (6.4 miles) will take you to the Publix Supermarket, ensuring easy access to daily necessities. Families will appreciate the proximity to Lake Placid High School, just a 15-minute drive (7.5 miles) away. Detailed directions to the property are as follows: From Lake June Road, travel south on Lagoni Lane for half a mile, turn left onto Daffodil Street for another half mile, and then turn right onto Meridian Avenue. The lot will be on your right at the corner with Pacific Street. The asking price for this remarkable property is $20,000. This represents an exceptional value for a buildable lot in a highly sought-after location. Don't miss this chance to acquire a piece of Lake Placid's promising real estate market. The property is located in Highlands County, Florida, with a zip code of 33852.

    Property Features for 3129 Meridian Ave

    General Information

    Property type
    Land

    HighLights

    • 9,863 SF lot in desirable Leisure Lakes, Lake Placid, FL.
    • Zoned commercial and residential, offering versatile development potential.
    • Corner lot at Meridian Ave & Pacific St, providing high visibility and accessibility.
    • $20,000 asking price.
    • Located near Lake June and convenient to amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Kitchen & Bath Car Rental Plumbing Service 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
    -81.429419
    Latitude
    27.312058

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    FAQs

    What type of property is this?
    Land - Prime 0.23-acre corner lot, buildable residential/commercial.
    Where is this land located?
    The property is located at 3129 Meridian Ave Lake Placid, FL.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: 9,863 SF lot in desirable Leisure Lakes, Lake Placid, FL.; Zoned commercial and residential, offering versatile development potential.; Corner lot at Meridian Ave & Pacific St, providing high visibility and accessibility.
    Request Owner's contact information
    3129 Meridian Ave 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
    3129 Meridian Ave Lake Placid, FL 33852
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