Rare Multi-Lot Development Opportunity – 501 & 503 Megan Ave, 505 Megan Ave, 502 & 504 Reba Ave, Lake Placid, FL
Don't miss this exceptional investment opportunity featuring five adjoining parcels totaling 1.37 acres in the heart of Lake Placid! This prime property offers endless possibilities—redesign into townhomes (pending city approval) or build individual residences that sit high and dry, overlooking beautiful Lake Saddlebags.
Located in a thriving area near downtown Lake Placid, these lots provide elevated views, convenient access to shopping, dining, and major roadways, all while offering a peaceful residential setting. Whether you're an investor, developer, or builder, this is a rare chance to create something truly special in one of Florida’s most charming communities.
?? Call today for more details and to explore the potential of this prime development site!
Lot/land
$295,000
502 Reba Dr, Lake Placid, FL 33852
--beds
0baths
1.37Acres
Unimproved Land
Built in ----
1.37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 133 days
- on Zillow |
- 17 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 04:48pm
Listed by:
Lokation
Source: HFMLS,MLS#: 313438Originating MLS: Heartland Association Of Realtors
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Frontage length: 96
Lot
- Size: 1.37 Acres
- Features: City Lot, Other, Public Road, See Remarks
Details
- Additional parcels included: C06373014000100050,C06373014000100010,C06373014000100030
- Parcel number: C06373014000100040
- Zoning description: r1A
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: See Remarks
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Placid
Financial & listing details
- Tax assessed value: $5,760
- Annual tax amount: $128
- Date on market: 3/31/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
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