400 S Pine Avenue, Lake Placid, FL 33852
- $339,900
- 5
- BD
- 3
- BA
- 2,079
- SqFt
- List Price
- $339,900
- Status
- Active
- Days on Market
- 19
- MLS#
- C7480171
- Property Style
- Half Duplex
- Year Built
- 1970
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,079
- Lot Size
- 11,352
- Acres
- 0.26
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Hoffman Grove 02
- MLS Area Major
- Lake Placid
Property Description
Welcome to a golden investment opportunity in the heart of Lake Placid! This income-producing property offers the best of both worlds - a spacious 3-bedroom, 2-bathroom unit on one side and a cozy 2-bedroom, 1-bathroom unit on the other. Currently, the 3/2 unit is generating a steady stream of $1,400 per month in rent, while the 2/1 unit shines as a flourishing AirBNB, boasting an average monthly rental income of $1,200. With separate electric and water meters, the flexibility here is unmatched. The recently replaced HVAC system in 2022 ensures efficiency and peace of mind. Although there are no issues, the seller is offering up to $10,000 at closing towards the replacement of the roof (with an approved offer), adding extra value to this incredible deal.
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Additional Information
- Taxes
- $3153
- Community Features
- No Deed Restriction
- Zoning
- R2
- Interior Layout
- Ninguno
- Interior Features
- Ninguno
- Floor
- Tile
- Appliances
- Range, Refrigerator
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Phone Available
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Concrete
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- P-06-37-30-040-0190-0120
- Legal Description
- 2ND SUB HOFFMANS GROVE PB 1-PG 96 LOTS 12-13 + 14 BLK 19
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Listing courtesy of KW PEACE RIVER PARTNERS.
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