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    Property profile & analytics

    517 Interlake Blvd Lake Placid, FL 33852-0703

    • Strip malls
    • 4,000 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US18-3584170
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hometown Roots / Hair Salon

    Property Details for 517 Interlake Blvd

    Year built
    2001
    Construction
    CONCRETE BLOCKS
    Lot size
    0.42 lot acres
    Property size
    4,000 SF
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    P-36-36-29-160-0060-0110
    APU
    P36362916000600110

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $290,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $250,000
      Mixed-Use
      $230,000
      Hospitality
      $220,000
      Educational
      $230,000
      Residential Income
      $250,000
      Energy
      $265,000
      Income-Based Land
      $245,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.3745
    Latitude
    27.2976
    CBSA code
    42700
    CBSA name
    SEBRING, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,835
    $33,480
    $337,820
    $371,300
    -
    $33,480
    $337,820
    $371,300

    Comparable in this City

    • Value Estimation by Request
      1,050 SF

      407 Plz Ave

      SHOPPING CENTER, STRIP CENTER • 1,050 SF
      407 Plz Ave, Lake Placid, FL 33852-9518
      View Details
    • Value Estimation
      $800,000
      4,650 SF

      708 Us 27th S

      SHOPPING CENTER, STRIP CENTER • 4,650 SF
      708 Us 27th S, Lake Placid, FL 33852-9515
      View Details
    • Value Estimation
      $550,000
      5,700 SF

      304 Interlake Blvd

      SHOPPING CENTER, STRIP CENTER • 5,700 SF
      304 Interlake Blvd, Lake Placid, FL 33852-9653
      View Details
    • Value Estimation by Request
      3,134 SF

      219 Main Ave, Unit 101

      SHOPPING CENTER, STRIP CENTER • 3,134 SF
      219 Main Ave, Lake Placid, FL 33852-2611
      View Details
    • Value Estimation by Request
      20,800 SF

      70 Plz Ave

      SHOPPING CENTER, STRIP CENTER • 20,800 SF
      70 Plz Ave, Lake Placid, FL 33852-5251
      View Details
    • Value Estimation by Request
      950 SF

      66 Tower St

      SHOPPING CENTER, STRIP CENTER • 950 SF
      66 Tower St, Lake Placid, FL 33852-3801
      View Details

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      Lake Placid Warehouse For Lease

      17,360 SF Industrial Space, Great Location
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    Lake Placid, FL 33852-0703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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