3129 Meridian Ave Lake Placid, FL 33852
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.