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509 Washington Boulevard

Lake Placid, FL 33852
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Bed 2

Bed

Bath 1

Bath

INVESTMENT OPPORTUNITY – 4 REMODELED UNITS AVAILABLE! Two units are already tenant occupied, offering immediate rental income from day one. Located in the desirable Placid Lakes community of Lake Placid, FL, this multi-unit opportunity is ideal for investors looking to add turnkey, low-maintenance properties to their portfolio. Each unit has been completely remodeled and features 2 bedrooms, 1 bathroom, an open-concept living area, new flooring, updated fixtures, modern appliances, and stylish finishes throughout. The efficient layouts maximize space while offering comfortable, affordable Florida living that appeals to a variety of tenants. Conveniently located just minutes from downtown Lake Placid, residents enjoy easy access to restaurants, shopping, community events, lakes, and every thing this charming small town has to offer. With four remodeled units available and two already rented, this is a great opportunity to acquire multiple income-producing properties at once. Purchase as a package and start building your rental portfolio immediately!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $500,000

AD Id : 91040937

MLS Id : 327765

Beds : 2

Tax Amount : 874.39

Year Built : 1984

County : Highlands

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Roofing Information

    Shingle

    Flooring Information

    Vinyl
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallUnits

  • Building Information

    Year Built: 1984
    Construction Materials: Block, Concrete
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Listing Price Information

    Listing Price: $500000
    Cash, Conventional, FHA, OwnerMayCarry, UsdaLoan, VaLoan

  • Tax Information

    Parcel Number: C-14-37-29-050-0490-0176 Tax Year: 2024 Annual Tax: $874.39 Tax Legal Desc: PLACID SANDS TOWNHOMES PER OR 784 PG 427 UNIT 6 + 1/6 INT IN COMMON ELEMENTS

  • Location Information

    Direction: From US 27 and Hammock Rd in Sebring take US 27 S to Rt onto Lake Mirror Dr to left onto Placid View Dr to rt onto Washington Blvd NE to property on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2105 S Us 27 Highway, Lake Placid, FL, 33852 $2,999,000 22 22 -- 6.03 Acres
608 Jupiter Avenue, Lake Placid, FL, 33852 $235,000 4 4 -- 0.22 Acre

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Heartland Association of REALTORS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Heartland Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/11/2026 @ 11:24

MLS: 327765 LISTED BY: Rachel Lovett, Heartland Real Estate Co. 863-812-4782 SOURCE: HLAND

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