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Tammy Blanchard
(407) 514-2800
Mobile Phone:
(407) 873-9470
tblanchard@myfloridamove.com
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Tammy Blanchard
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(407) 514-2800
Mobile Phone:
(407) 873-9470
tblanchard@
myfloridamove.com
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(407) 514-2800
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SOLD
$330,000
Date 10/16/2023

400 S PINE AVENUE
Lake Placid, FL 33852

Condo, Townhouse
Residence
5
Beds
3
Baths
2,079
Sqft
0.26
Lot Size
Courtesy: KW PEACE RIVER PARTNERS, 941-875-9060

Description for 400 S PINE AVENUE Lake Placid, FL 33852

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.

Property Details

C7480171
Condo, Townhouse, 1 Story
5
Highlands
3 Full
1970
0.26 Acres
Public
1
Other
Public Sewer
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Courtesy: KW PEACE RIVER PARTNERS, 941-875-9060


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Tammy Blanchard

1211 12th Street, Saint Cloud, FL 34769 | Phone: (407) 873-9470 | Email: tblanchard@myfloridamove.com

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