206 Interlake Blvd Lake Placid, FL 33852
- Retail space
- 3,632 SF
- 0.13 lot acres
Current Use by Public Records
- Signature Floors Direct & Design Gallery / Interior Designer / Kitchen Remodeler
- Floors Direct of Lake Placid / Carpet Store / Professional Services
- Turpentine Mural / Tourist Attraction
- Fohlbrook's Thrift & Gift Market LLC / Thrift Store
Property Details for 206 Interlake Blvd
- Year built
- 1954
- Construction
- FRAME
- Lot size
- 0.13 lot acres
- Property size
- 3,632 SF
- Zone code
- C2
- Property type
- Retail space
- APN
- P-31-36-30-020-0290-0080
- APU
- P31363002002900080
Description
Exceptional opportunity to acquire a well-established storefront in the heart of Lake Placid, Florida. This 4,422 square foot retail property, situated on a 5,500 square foot lot at 206 E Interlake Blvd, is zoned C2 and boasts a prime location in the downtown area. Built in 1954, this single-story building currently operates as Fohbrook's Thrift & Gift Market, offering the potential for continued operation under the current business model or redevelopment to suit a variety of uses. The property benefits from high foot traffic due to its central location and proximity to popular local events, including the annual Caladium Festival attracting tens of thousands of visitors, the weekly farmer's market, and regular movie nights. The current owner is willing to sell the business's goodwill and inventory along with the real estate. Included in the sale is a valuable 2COP beer and wine license and an annual food permit, providing immediate operational advantages for a food and beverage-related business. This is a rare opportunity to own a thriving retail space in a vibrant Florida community. The asking price is $525,000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $295,000
- ML approach
- $340,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $411,000
- AI Estimate
- $358,000
Market price range: $330k - $777kMarket price range: $289k - $755k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $485,000
- AUTO REPAIR, GARAGE
- $450,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.3638
- Latitude
- 27.2969
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA