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242 Highlands Lake Drive

LAKE PLACID, FL 33852
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SqFt11,250

Sqft(Lot)

Acres0.26

Acre(Lot)

This residential lot offers a one-of-a-kind opportunity for builders, investors, and first-time buyers looking to build a single-family home. Modular and container homes are permitted. (Check with county) Situated on a spacious 0.25-acre lot, this property is located in a growing community with paved roads and nearby electric service, helping reduce future development costs. Enjoy being just minutes from Lake Istokpoga, one of Florida's premier freshwater fishing lakes, with convenient public boat ramp access for boating and fishing enthusiasts. The property is also close to restaurants, shopping, medical facilities, schools, and other everyday conveniences. With land values continuing to rise in the area, now is an excellent time to invest while prices remain affordable. Bonus Opport unity: The seller also owns a second 0.25-acre lot located directly behind this property at 241 Marshall Ave, Lake Placid. Purchasing both lots provides approximately 0.50 acres, offering additional space for a larger homesite, added privacy, or future investment potential.

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Detail Ic Property Details

Property Type : Land

Price : $13,500

AD Id : 88947720

MLS Id : MFRO6424998

Lot Size : 0.26 Acre(Lot)

Living Area Size : 11,250

County : Highlands

Subdivision: Highlands Park Estate

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Feature Features

  • Water Source

    WaterSource: None

  • Lot Information

    Lot Dimensions: 75x150 Lot Square Feet: 11250 Lot Acres: 0.26 Lot Size (SqMt): 1045

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$13500

  • Tax Information

    Tax Block: 1 Tax Book Number: 4-87 Tax Lot: 1 Tax Legal Description: HIGHLANDS PARK EST SEC E PB 4-PG 87 LOT 1 BLK 1 Annual Tax: $162 Tax Year: 2025 Parcel Number: C-20-36-30-050-0010-0010

  • Utility Information

    Electrical Nearby, Utility Pole Sewer: None Water Source: None
  • Location Information

    Subdivision: HIGHLANDS PARK ESTATE City: LAKE PLACID Direction: Driving Directions: From US Highway 27, take County Road 621 (Lake June Road), then turn onto Highlands Lake Drive. Continue on Highlands Lake Drive to 242 Highlands Lake Dr, Lake Placid, FL 33852.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
196 Autumn Avenue, Lake Placid, FL, 33852 $45,000 -- -- -- 0.22 Acre(Lot)
126 Danbar Drive, Lake Placid, FL, 33852 $18,000 -- -- -- 0.25 Acre(Lot)
520 Deep River Dr, Lake Placid, FL, 33852 $15,000 -- -- -- 0.23 Acre(Lot)
227 Pershing Ave, Lake Placid, FL, 33852 $9,999 -- -- -- 0.29 Acre(Lot)
110 Bethune Street, Lake Placid, FL, 33852 $39,900 -- -- -- 8,500 Sqft(Lot)
1170 Kingfisher Avenue, Lake Placid, FL, 33852 $20,999 -- -- -- 11,250 Sqft(Lot)
342 Gloaming Drive, Lake Placid, FL, 33852 $35,000 -- -- -- 1.08 Acres(Lot)
3215 Delafield, Lake Placid, FL, 33852 $14,000 -- -- -- 10,000 Sqft(Lot)
655 Lynn Dr, Lake Placid, FL, 33852 $18,500 -- -- -- 0.22 Acre(Lot)
108 Eula Road, Lake Placid, FL, 33852 $22,000 -- -- -- 0.23 Acre(Lot)
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ByOwner last updated this listing 08/03/2026 @ 06:20

MLS: MFRMLS #O6424998 LISTED BY: Urvella Smith, J & R GLOBAL REALTY 321-947-0425 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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