Description
Prime Investment Opportunity in Sun N Lake South, Lake Placid, FL!!! Don't miss this wonderful opportunity to own an income-producing duplex that can help offset your mortgage costs! Located in the desirable community of Sun N Lake South in Lake Placid, Florida, this well-maintained concrete block duplex sits on two spacious lots"one of which is a corner lot"offering plenty of room and future potential. Each side of the duplex features: 2 bedrooms / 1 bathroom; Tiled floors' throughout; Charming kitchens; Private laundry rooms. One unit is currently owner-occupied, while the other is rented to a reliable long-term tenant. A one-year lease is already in place and will convey with the sale, making this a turn-key investment opportunity.Additional highlights include: A massive 960 sq. ft. garage/barn perfect for storage, hobbies, or a workshop; Two storage sheds in the backyard; Ample outdoor space for future enhancements or recreational use. Whether you're looking to live in one unit and rent the other, or add a solid asset to your investment portfolio, this property offers flexibility, income potential, and room to grow.
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3BEDS
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0.5ACRES
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2BATHS
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01/2 BATHS
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1,429SQFT
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$241$/SQFT
School Information
Description
Prime Investment Opportunity in Sun N Lake South, Lake Placid, FL!!! Don't miss this wonderful opportunity to own an income-producing duplex that can help offset your mortgage costs! Located in the desirable community of Sun N Lake South in Lake Placid, Florida, this well-maintained concrete block duplex sits on two spacious lots"one of which is a corner lot"offering plenty of room and future potential. Each side of the duplex features: 2 bedrooms / 1 bathroom; Tiled floors' throughout; Charming kitchens; Private laundry rooms. One unit is currently owner-occupied, while the other is rented to a reliable long-term tenant. A one-year lease is already in place and will convey with the sale, making this a turn-key investment opportunity.Additional highlights include: A massive 960 sq. ft. garage/barn perfect for storage, hobbies, or a workshop; Two storage sheds in the backyard; Ample outdoor space for future enhancements or recreational use. Whether you're looking to live in one unit and rent the other, or add a solid asset to your investment portfolio, this property offers flexibility, income potential, and room to grow.
© 2025 Heartland Association of Realtors, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Cohn | Heritage Group. Data last updated: 2025-07-19T16:42:41.76.