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44 Crawford Drive

Lake Placid, FL 33852
  • $2,090,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 321926
UPDATED: 57 min ago
$2,090,000
  • 0
    BEDS
  • 3.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

INVESTORS!! Cap rate of 10%. All units on monthly tenant leases. 18 Rentable Units in this lakefront Mobile Home Park Income Opportunity. 13 Brand New Modular Homes, one 3 Bed/2 bath Doublewide, all 2021 new 3-bed, 2-bath Modular Homes over 1,000 sq. ft. ea. and 2 Single Family Homes, a 2 Bed 1 bath cabin over 900 sq. ft and a 2 bed 2 bath lakefront house with dock and wheel chair access, 1,400 sq. ft. directly on the lake. Everyone in the park has lake access with a community boat ramp, docks and trailer storage area. So much potential with 3.69 Acres and at least an acre or more of cleared land right on the waterfront with additional potential for more income. Location is everything, this is the 5th largest lake in Florida and a well-known tournament bass fishing lake by fisherman all over the world. You can do all monthly or a combination of Airbnb, weekly, 6 months or yearly rentals. Just imagine the possibilities. Many of these come furnished and are just now being rented. Each home has its own brand-new meter, new AC and appliances. It took 2 years to complete the project. The entire Mobile Home Park was completely updated with brand new Duke Energy meters. All brand-new septic systems for the entire park. The park needs no work all permits are closed. Start renting immediately. This is on the West side of the lake in Lake Placid which is close to grocery stores and restaurants. Turn this into a money-making fish camp that your customers will come back to year after year or live there renting full time. This is a rare opportunity for almost 4 acres acres on Lake Istokpoga zoned for manufactured homes on rented lot spaces and including R1 for single family home. Call to Schedule, appointments only. There is a short canal and boat ramp on the property and plenty of space for rent boat trailer parking or RV parking. Lakefront land zoned for Modular homes R1 is hard to find. Don't miss this opportunity. 3 Bed/2bath Modular Homes are renting for $1,500 a month. Homes rents for $1,600 to $2200 a month depending on time of year Airbnb vs rental. Once in charge you set prices or additions for what makes sense for your business plan. Call for Income spreadsheet. All copies of leases are available. Everything done by permit.

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© 2026 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 Heritage Group. Data last updated: 2026-02-16T09:42:28.803.
www.flheritagegroup.com/homes/172504532
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44 Crawford Drive Lake Placid, FL 33852

  • Price: $2,090,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 57 min ago
  • MLS #: 321926
0
Beds
0
Baths
0
½ Baths
3.85
Acres
1940
Built
County:
Highlands
Area:
Highlands
Property Description
INVESTORS!! Cap rate of 10%. All units on monthly tenant leases. 18 Rentable Units in this lakefront Mobile Home Park Income Opportunity. 13 Brand New Modular Homes, one 3 Bed/2 bath Doublewide, all 2021 new 3-bed, 2-bath Modular Homes over 1,000 sq. ft. ea. and 2 Single Family Homes, a 2 Bed 1 bath cabin over 900 sq. ft and a 2 bed 2 bath lakefront house with dock and wheel chair access, 1,400 sq. ft. directly on the lake. Everyone in the park has lake access with a community boat ramp, docks and trailer storage area. So much potential with 3.69 Acres and at least an acre or more of cleared land right on the waterfront with additional potential for more income. Location is everything, this is the 5th largest lake in Florida and a well-known tournament bass fishing lake by fisherman all over the world. You can do all monthly or a combination of Airbnb, weekly, 6 months or yearly rentals. Just imagine the possibilities. Many of these come furnished and are just now being rented. Each home has its own brand-new meter, new AC and appliances. It took 2 years to complete the project. The entire Mobile Home Park was completely updated with brand new Duke Energy meters. All brand-new septic systems for the entire park. The park needs no work all permits are closed. Start renting immediately. This is on the West side of the lake in Lake Placid which is close to grocery stores and restaurants. Turn this into a money-making fish camp that your customers will come back to year after year or live there renting full time. This is a rare opportunity for almost 4 acres acres on Lake Istokpoga zoned for manufactured homes on rented lot spaces and including R1 for single family home. Call to Schedule, appointments only. There is a short canal and boat ramp on the property and plenty of space for rent boat trailer parking or RV parking. Lakefront land zoned for Modular homes R1 is hard to find. Don't miss this opportunity. 3 Bed/2bath Modular Homes are renting for $1,500 a month. Homes rents for $1,600 to $2200 a month depending on time of year Airbnb vs rental. Once in charge you set prices or additions for what makes sense for your business plan. Call for Income spreadsheet. All copies of leases are available. Everything done by permit.
Exterior Features

Architectural Style One Story Construction Materials Frame Metal Frame Parking Features Driveway On Street Pool Features None Roof Metal Shingle View Lake View YN Yes Window Features Insulated Windows Jalousie Single Hung Blinds

Interior Features

Cooling Central Air Electric Cooling YN Yes Flooring Plank Tile Vinyl Heating Central Electric Heating YN Yes Interior Features Ceiling Fan(s) Cathedral Ceiling(s) Handicap Access High Ceilings Cable TV Vaulted Ceiling(s) Window Treatments Levels One

Property Features

Association Amenities Powered Boats Allowed Association YN No Community Features Water Sports Frontage Length 209 Frontage Type Lakefront Listing Terms Cash Conventional Owner May Carry Number Of Units In Community 18 Occupant Type Tenant Pets Allowed Cats OK Dogs OK Property Condition Excellent Resale Property Sub Type Other Property Sub Type Additional Other Road Responsibility Private Maintained Road Road Surface Type Dirt Sewer None Septic Tank Special Listing Conditions None Tax Annual Amount 26617.89 Tax Year 2025 Utilities Sewer Not Available Water Body Name Istokpoga Water Source Private Well Zoning Description R1

Listing provided by Paradise Real Estate International LLC: 863-272-7540: 863-272-7540.


© 2026 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 Heritage Group. Data last updated: 2026-02-16T09:42:28.803.
 
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