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Lake Placid, FL Properties

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Find, analyze, and compare Lake Placid, FL investment properties, including off-market opportunities and residential homes with value-add potential. Lake Placid offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Florida. Explore housing market trends in Lake Placid, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Lake Placid, FL for your real estate goals.

In Lake Placid, the median property value currently stands at $252,752, reflecting a 9.49% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $352,347 (a 0.02% gain). The housing market includes a total of 39,502 houses.The median home in Lake Placid has 1,486 square feet of living space, priced at a median of $175 per square foot with a median year built of 1987. For long-term rental properties in Lake Placid, the median annual gross rental income is $29,400 (or $2,450/month) with estimated operating expenses of $7,175, resulting in an approximate gross cap rate of 8.96%.

Property Intel by Whitepages helps investors and homeowners explore the Lake Placid area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Lake Placid, FL.

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Housing Market Trends & Statistics for Lake Placid, Florida

Median Property Value
$252,752
Total number of Properties
39,502
Median Living Space
1,486 sq ft
Median Year Built
1987 (38 years)
5-Year Appreciation Forecast
$352,347
Median Lot Size
11,000 sq ft
Average Ownership
11 months
for Lake Placid, FL
  • Est. Rental Income
    $29,400 ($2,450 per month)
  • Net Operating Income
    $22,225 ($1,852 per month)
  • Cap Rate
    8.96%

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