6
See all 6 photos
$13,500
Est. payment /mo
0.26 Acres Lot
New
242 HIGHLANDS LAKE DR Lake Placid, FL 33852
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Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Highlands Park Estate
MLS Listing ID O6424998
HOA Y/N No
Annual Tax Amount $162
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 75x150
Property Sub-Type Residential
Source Stellar MLS
Property Description
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 Opportunity: 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.
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 Opportunity: 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.
Location
State FL
County Highlands
Community Highlands Park Estate
Area 33852 - Lake Placid
Zoning R1
Exterior
Utilities Available Electrical Nearby, Utility Pole
View Y/N No
Water Access No
Building
Lot Size Range 1/4 to less than 1/2
Sewer None
Water None
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6424998
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Urvella Smith J & R GLOBAL REALTY
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