241 PHANTASY AVE, LAKE PLACID, FL, 33852
$27,500
Land
Lot Size
10,250 Sqft
Excellent opportunity to own a buildable ~0.23-acre lot zoned R2 (duplex allowed) in Lake Placid. Located on a paved road with no flood zone and no wetlands, this property offers a strong foundation for your next project—whether you’re looking to build and sell or generate rental income. Utilities include well and septic area, with electricity nearby, making development straightforward. The lot size (~10,000 sq ft) is ideal for a duplex layout, maximizing both space and potential returns. ?? Strong Investment Potential: New construction homes in the area are selling in the $250K–$350K+ range, with duplex properties reaching $300K+, highlighting the upside for builders and investors. ?? Why Lake Placid? Known for its scenic charm and over 25 lakes, Lake Placid continues to attract full-time residents and seasonal renters seeking affordability and lifestyle. The area is experiencing steady growth as buyers are priced out of larger Florida cities. ?? Centrally Located: Approximately 2 hours to Orlando, Tampa, and ~2.5 hours to Miami—making it appealing for a wide range of buyers and tenants. ?? Whether you’re an investor, builder, or land buyer looking for future appreciation, this lot offers flexibility, location, and upside potential in an emerging market.
Property Details
Property Features Property Features
MLS ID: MFRO6404967 Year Built:
Country: US County Or Parish: Highlands
Current Use: Unimproved Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash Lot Features: Buildable, Paved
Pets Allowed: Yes Property Type: Land
Road Frontage Type: Access Road Road Surface Type: Paved
Sewer: Septic Tank Showing Requirements: See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Private
Water Source: Well
We love to hear from you