$755,000
0 beds0 baths2,572 sqft|B26021355 MLS#520 S Main Ave, Lake Placid, FL 33852
Quadruplex
Multifamily
Built in
1982
Lot size
N/A
Price/sqft
$294
HOA
None
Listed by: Kimberly Donato 954-605-4176, Transworld Realty Services Inc 954-718-2121
Get price drop alert on this property the moment it happen
Preferred Brokerage Partner
Kinsfolk Signature Realty
What's special
5 Units! 6.7-7.5% CapRate. See attached Offering Memorandum for Income/Expenses. 100% Occupied. Prime Multifamily Investment! Well-maintained 5-unit property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath units—appealing to a wide range of tenants. Property is easy to manage, tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by owner & running efficiently. Fresh painted exterior. Building is topped w/ durable metal roof & use of window A/C units helps keep maintenance simple & cost-effective. Rents adjusted at renewal,built-in upside for future income growth. See OM & Income/Expenses attached.
Map
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Facts & features
Bedrooms & bathrooms
- •Bedrooms:0
- •Bathrooms:0
- •Full bathrooms:0
Heating
- •Has Heating:Yes
Interior area
- •Total structure area:2,572 sqft
- •Total interior livable area:2,572 sqft
Parking
- •Parking features:N/A
- •Garage spaces:0
- •Has attached garage:No
Lot
- •Size:N/A
Details
- •Parcel number:N/A
Type & style
- •Home type:Quadruplex
- •Property subtype:Multifamily
Materials
- • N/A
Condition
- •Year built:1982
Contact agent
Price history
| Date | Event | Price |
|---|---|---|
| 2026-04-28T00:00:00.000Z | Listed for sale | $755,000$294/sqft |
Get price drop alert on this property the moment it happen
Preferred Brokerage Partner
Kinsfolk Signature Realty
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