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Property profile

900 Hillcrest Ave A Lake Placid, FL 33852

FOR LEASE
Retail space
Property ID
US18-5265995
2,636 SF 0.24 ac lot Built 2005
Last sale Jan 2021 · $289,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
900 Hillcrest Ave,Unit A, Lake Placid, FL 33852 For Lease
$2,200/Mo 1,722 SF available
900 Hillcrest Ave,Unit A, Lake Placid, FL 33852
View Listing

Property summary

AI-generated overview

The property is a retail unit containing 2,169 square feet of interior space, including updated flooring, a kitchenette, and a restroom. The layout also includes a 230-square-foot secure storage room suitable for inventory or equipment, and a 130-square-foot covered patio. The property is zoned C2, supporting a range of commercial business uses. It is located at 900 Hillcrest Ave A in Lake Placid, directly across from the Lake Placid Post Office. The building provides water, sewer, and trash…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$241k
Assessed land$14k
Assessed improvement$227k
Effective rate1.66%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$3k
Operating expenses−$7k
NOI · 735.55% cap applied$16k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$151/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$91 – $214
Qualifying comparables4

Cap rate analysis

How does the asset earn?
735.55%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
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...
General categoryCOMMERCIAL
JurisdictionHIGHLANDS

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.2
Pawn Shop9.2
Convenience Store8.6

Location

900 Hillcrest Ave, Unit A Lake Placid, FL 33852
County assessor Recorded deeds · 11 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
199 Us 27, Lake Placid, FL 33852 $1,600,000 Sep 2023 2,124 SF
120 Us 27th S, Lake Placid, FL 33852-7917 $1,050,000 Sep 2023 3,528 SF
1108 Us 27th N, Lake Placid, FL 33852-7946 $340,000 Jul 2023 3,550 SF
134 Us 27th N, Lake Placid, FL 33852-7931 $2,390,000 Jun 2023 2,480 SF
192 Interlake, Lake Placid, FL 33852-9577 $250,000 May 2022 3,200 SF
1070 Us 27th N, Lake Placid, FL 33852-9436 $2,150,000 Feb 2022 2,026 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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