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Property profile & analytics
OFF-MARKET
Commercial real estate

3129 Meridian Ave Lake Placid, FL 33852

Property ID
US18-6249520
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-6249520
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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