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For sale
  • $325,000

    16 E Hibiscus St, Lake Placid, FL 33852

    3beds
    1,544sqft
    : 
    Multi Family
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $210/sqft
    $-- HOA

    What's special

    High-impact windows
    Great Investment Opportunity in the Heart of Lake Placid! This charming duplex is ideally located within walking distance to vibrant downtown Lake Placid, making it perfect for both investors and future homeowners. Each unit offers comfort and convenience, with high-impact windows, new A/C units, and a fully remodeled Unit 2. Unit 1 is currently rented on a month-to-month lease, and both units are occupied, providing immediate rental income. Unit 1 is a 2 bedroom 1 bath. Unit 2 is a 1 bedroom 1 bath. Enjoy all that Lake Placid has to offer - a town known for its quaint Main Street filled with local shops, unique eateries, and the charm of small-town living. Saturdays come alive with a bustling Farmers Market, perfect for strolling and soaking in the friendly community atmosphere. Known as the Caladium Capital of the World, Lake Placid celebrates its roots with the annual 3-day Caladium Festival, a summer favorite for both residents and visitors. Best of all, you're just a short 2-hour drive from either coast, making this a centrally located gem with so much to offer. Don't miss out on this income-producing property in one of Florida's most charming small towns!
    54 days
    on Zillow
    |
    175
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 06, 2025 at 02:39pm

    Listed by:

    612-404-8116,

    The Pipal Group

    Source: My State MLS,MLS#: 11327655
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 16 E Hibiscus St.

    Next available tour time:Today at 3:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Kitchen
    • Features: Open, Granite Counters
    Basement
    • Area: 0
    Heating
    • Electric, Forced Air, Zoned
    Cooling
    • Central, Zoned
    Appliances
    • Included: Refrigerator, Microwave, Oven
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,544
    • Total interior livable area: 1,544 sqft
    • Finished area above ground: 1,544

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: Street
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: P06373004000300030
    • Lease amount: $0

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Masonry - Concrete Block, Stucco Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Electric: Amps(0)
    • Sewer: Private Septic
    • Water: Municipal

    Community & HOA

    Community
    • Subdivision: 1201.000 - LAKE PLACID SOUTH OF INTERLAKE AREA
    HOA
    • Has HOA: No
    Location
    • Region: Lake Placid

    Financial & listing details

    • Price per square foot: $210/sqft
    • Tax assessed value: $136,485
    • Annual tax amount: $2,109
    • Date on market: 7/6/2025
    • Date available: 07/31/2024
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