$735,000
$795,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,849 SqFt
SOLD DATE : 11/15/2023
Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,849 sqft
Price per Sqft $257
Subdivision Harris Lake Placid Camp Site
MLS Listing ID A4581015
Sold Date 11/15/23
Bedrooms 5
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1963
Annual Tax Amount $4,522
Lot Size 0.500 Acres
Acres 0.5
Property Description
INCOME PRODUCING INVESTMENT OPPORTUNITY! Don’t miss your chance to own this quadplex with lake frontage on Lake Placid. Turn-key and fully operational rental business being sold furnished with future bookings on the schedule. There are four units including a duplex both having 1 BR/1 BA, full kitchen and dining room, one unit on the second story facing the waterfront having 1 BR/1 BA, newly renovated with full kitchen, dining room, living room and a screened balcony overlooking the lake. The downstairs unit offers 2 BR/ 1 BA with full kitchen, dining room, and living room. Each unit has its own entrance, keyless entry system owned with remote access, and water filtration to all units. Just outside is the outdoor BBQ area that is covered with a nearby fish cleaning station. Walk out on the dock to enjoy the sunsets or bring your boat! There is a seawall and a covered boat lift. The property has beautiful landscaping, lots of upgrades, closed storage and a laundry room separate from the units. There is great earning potential since the rentals are booked seasonally and throughout the year. This property is located on a dead-end street and an additional lot is being sold with this property for guest parking and boat storage. A public boat ramp is nearby to allow guests to quickly unload their water toys. This is a rare opportunity, and nothing can compare to this on the lake! Call for more details and rental information.
Location
State FL
County Highlands
Community Harris Lake Placid Camp Site
Zoning 08 - MULTI-FAM <10 UNITS
Rooms
Other Rooms Attic, Family Room, Storage Rooms
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Exhaust Fan
Cooling Central Air
Flooring Laminate, Linoleum
Furnishings Furnished
Fireplace false
Appliance Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
Laundry Laundry Room, Other, Outside
Exterior
Exterior Feature Awning(s), Balcony, Fence, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Sprinkler Metered, Storage
Garage Boat, Guest, Off Street, Oversized
Community Features Boat Ramp
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sprinkler Well, Water Connected
Waterfront true
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
View Water
Roof Type Metal
Parking Type Boat, Guest, Off Street, Oversized
Attached Garage false
Garage false
Private Pool No
Building
Lot Description FloodZone, In County, Landscaped, Private, Street Dead-End, Paved
Entry Level Two
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block,Concrete,Stucco,Vinyl Siding,Wood Frame
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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