241 Phantasy Avenue, Lake Placid, FL 33852
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by: laura cuida romero
Office: young real estate
MLS#:O6404967
Source:MFRMLS
Price summary
- Price:$27,500
- Monthly HOA dues:$2.92
About this home
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....
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Home facts
- Listing ID #:O6404967
- Added:4 day(s) ago
- Updated:May 10, 2026 at 01:09 PM
Structure and exterior
- Lot area:0.24 Acres
- Lot Features:Buildable, Paved
- Levels:1 Story
Utilities
- Water:Well
- Sewer:Private, Septic Tank
Finances and disclosures
- Price:$27,500
- Tax amount:$191 (2025)
Features and amenities
- Pool features:Public Pool
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