Prime Investment Opportunity in Sun N Lake South, Lake Placid, FL!!! Don't miss this wonderful opportunity to own an income-producing duplex that can help offset your mortgage costs! Located in the desirable community of Sun N Lake South in Lake Placid, Florida, this well-maintained concrete block duplex sits on two spacious lots—one of which is a corner lot—offering plenty of room and future potential. Each side of the duplex features: 2 bedrooms / 1 bathroom; Tiled floors' throughout; Charming kitchens; Private laundry rooms. One unit is currently owner-occupied, while the other is rented to a reliable long-term tenant. A one-year lease is already in place and will convey with the sale, making this a turn-key investment opportunity.
Additional highlights include: A massive 960 sq. ft. garage/barn perfect for storage, hobbies, or a workshop; Two storage sheds in the backyard; Ample outdoor space for future enhancements or recreational use. Whether you're looking to live in one unit and rent the other, or add a solid asset to your investment portfolio, this property offers flexibility, income potential, and room to grow.
For sale
Price cut: $27.5K (7/10)
$345,000
239 Tulip Dr, Lake Placid, FL 33852
4beds
1,429sqft
Est.:
Duplex, Multi Family
Built in 1963
-- sqft lot
$332,900 Zestimate®
$241/sqft
$-- HOA
What's special
Spacious lotsPrivate laundry roomsCharming kitchensTiled floorsCorner lotAmple outdoor space
- 82 days
- on Zillow |
- 247 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 11:20am
Listed by:
RE/MAX REALTY PLUS
Source: HFMLS,MLS#: 315685Originating MLS: Heartland Association Of Realtors
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Dimensions: 10 x 12
Bedroom 2
- Dimensions: 10 x 11
Bathroom 1
- Dimensions: 7 x 5
Kitchen
- Dimensions: 13 x 7
Living room
- Dimensions: 12 x 12
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Built-In Oven, Dryer, Microwave, Refrigerator, Washer
Features
- Ceiling Fan(s), High Speed Internet, Cable TV
- Flooring: Tile
- Windows: Single Hung
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,429 sqft
Video & virtual tour
Property
Parking
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Front Porch, Open, Screened
- Pool features: None
- Frontage length: 163
Lot
- Size: 0.5 Acres
Details
- Additional parcels included: ,,
- Parcel number: C22373001000V00090
- Zoning description: R2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete
- Roof: Metal
Condition
- Resale
- Year built: 1963
Utilities & green energy
- Sewer: None, Septic Tank
- Water: Private, Well
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Not Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Placid
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $152,007
- Annual tax amount: $1,048
- Date on market: 6/11/2025
- Cumulative days on market: 69 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
- Loading
- Loading