Property profile

456 Black Bird Ave Lake Placid, FL 33852

OFF-MARKET
Land
0.22 ac lot
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Property summary

AI-generated overview

This 0.22-acre commercial lot, located at 456 Black Bird Ave, Lake Placid, Florida 33852 (APN: C-22-37-30-180-1940-0150), presents a fantastic opportunity for building a single-family home. Zoned R1 Residential, the property allows for the construction of a site-built single-family home with a minimum living space of 750 square feet. Mobile and manufactured homes are not permitted. The lot is mostly cleared and conveniently situated approximately 10 minutes from Lake Placid, offering easy access to amenities. Setbacks are 25 feet front and rear, 15 feet on corners, and 7.5 feet on sides. Legal road access is confirmed. Impact fees are not applicable. While there is no mandatory HOA, a voluntary HOA is available for $25 annually, granting access to the Sun N Lakes community park featuring a beach, boat ramp, playground, community building, and a private boat dock on Lake Grassy. Utilities will require a well and septic system. The property is not located in a flood zone. The asking price is $8,900. Title insurance is estimated at $700-$900 through a title company

Property profile

Verified
Property type Land
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

456 Black Bird Ave Lake Placid, FL 33852
Lake Placid metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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