You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Automotive properties

241 Main Ave Lake Placid, FL 33852-2607

780 SF 0.06 ac lot Built 1977
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-2506579
Property summary
AI-generated overview

This exceptional investment opportunity presents two commercial buildings situated in the heart of Downtown Lake Placid, Florida. The property consists of two parcels totaling 2,836 square feet on a combined 0.22-acre lot. Building 1, located at 241 N. Main Ave, offers 1,536 square feet of space, while Building 2, situated at 247 N. Main Ave, provides 1,300 square feet and includes a substantial parking lot. This rare offering presents a unique chance to acquire established commercial space in a thriving downtown area with limited retail availability. Lake Placid boasts a charming, historic main street filled with unique shops and restaurants, creating a vibrant atmosphere. The town's lively community is further enhanced by a weekly Farmers Market and the annual Caladium Festival, attracting both residents and tourists. This property's central location offers easy access to both Florida coasts, within a two-hour drive of each. The asking price for this combined property is $450,000, presenting a compelling investment opportunity in a desirable and growing Florida community. The property's potential for diverse retail uses makes it an attractive prospect for savvy investors seeking a foothold in a flourishing market. Don't miss this chance to own a piece of Lake Placid's vibrant downtown.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1977
Construction STEEL FRAME
Total area 780 SF
Lot 0.06 ac (2,750 SF)
Zoning code C2
APN P-36-36-29-130-0040-0190
UPID US18-2506579
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Olguita's Attic (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mario Cuellar · 3 yrs held
Mario Cuellar
since 2023
Last sale
$340,000
5 recorded transactions
2023
$340,000
2011
$60,000
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Lake Placid, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 and services normally located in a central business area.

Zone name Limited Commercial
General category COMMERCIAL
Zone area 75.36 ac
Source Realmo
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 241 Main Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message