Financial
Distress signals
Property profile

702 Main Ave Lake Placid, FL 33852

OFF-MARKET
Auto shops
Property ID
US18-4380174
2,072 SF 0.4 ac lot Built 1972
Last sale Feb 2019 · $110,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a flex/commercial facility totaling approximately 2,744 square feet within a two-story concrete block structure with a metal roof. The interior is an open, clear-span warehouse space with 15+-foot ceilings, supported by three roll-up doors that provide vehicle and equipment access. The building includes a 450-square-foot office area with a lobby, secretarial area, private office, and restroom, as well as warehouse storage, a second restroom, and locked supply storage. A…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$129k
Assessed land$19k
Assessed improvement$110k
Effective rate1.75%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$82 – $185

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
The purpose of the C-2 Limited Commercial District is to provide areas for development of uses of land for all legal retail product sales...
General categoryCOMMERCIAL
JurisdictionHIGHLANDS

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.3
Butcher8.2
Convenience Store7.9

Location

702 Main Ave Lake Placid, FL 33852-1820
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1451 Us 27th S, Lake Placid, FL 33852-8978 $825,000 Jul 2024 2,879 SF
620 Us 27th S, Lake Placid, FL 33852 $1,600,000 Aug 2023 3,637 SF
247 Main, Lake Placid, FL 33852-2607 $340,000 Jul 2023 1,300 SF
504 Main, Lake Placid, FL 33852-1816 $286,200 Nov 2021 1,836 SF
722 Main, Lake Placid, FL 33852-1820 $110,000 Dec 2018 3,374 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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