735 S Lakeview Rd UNIT 4-1, Lake Placid, FL 33852

Lake Clay lakefront condo. Maintenance fee is $742 per month per unit. Good return on investment - Looks like rate is 16% before debt service. The monthly fee of $742 includes all common area maintenance, electric, insurance, trash, cable tv, internet, pest control, lawn service, office expense, insurance on building, RE taxes, condo license and fees, salary for manager who takes care of the rentals. Manager collects 13% of gross income. The owner pays only interior electric and cleaning fee for each renter. Lake Blue Resort has been the go to place for visitors for over 50 years and has made many great memories for a lot of those renters who have turned owners as a reslt. Beautiful pool with lounging area, sandy beach on beautiful Lake Clay