Description
Duplex Investment Opportunity in Growing Lake Placid – 2 Units, Strong Income Potential! Don’t miss this opportunity to own a maintained duplex featuring two 2-bedroom, 1-bathroom units in the desirable Placid Lakes community of Lake Placid, FL. This property offers the perfect blend of affordability, income potential, and future growth, making it ideal for both seasoned investors and those just getting started. Each unit features: 2 spacious bedrooms & 1 full bathroom Functional layouts ideal for long-term tenants Strong rental demand in a growing area Located in the heart of Lake Placid, a community experiencing continued growth and revitalization, including improvements to its downtown Main Street district with new shops, dining, and local attractions. Investment Highlights: Two income-producing units at an affordable price Consistent rental income Low operating expenses Opportunity to increase rents over time Whether you’re looking to expand your portfolio, generate passive income, or house hack, this duplex is a smart move. Own TWO doors for under $250K — opportunities like this are rare! Ask about additional duplex available on the same street; great opportunity for investors looking to scale! Address for both doors: 573-577 Vanguard Ave NW. Lake Placid, FL 33852/ Photos shown are only of 577 Vanguard Ave. NW
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4BEDS
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0.23ACRES
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2BATHS
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01/2 BATHS
School Ratings & Info
Description
Duplex Investment Opportunity in Growing Lake Placid – 2 Units, Strong Income Potential! Don’t miss this opportunity to own a maintained duplex featuring two 2-bedroom, 1-bathroom units in the desirable Placid Lakes community of Lake Placid, FL. This property offers the perfect blend of affordability, income potential, and future growth, making it ideal for both seasoned investors and those just getting started. Each unit features: 2 spacious bedrooms & 1 full bathroom Functional layouts ideal for long-term tenants Strong rental demand in a growing area Located in the heart of Lake Placid, a community experiencing continued growth and revitalization, including improvements to its downtown Main Street district with new shops, dining, and local attractions. Investment Highlights: Two income-producing units at an affordable price Consistent rental income Low operating expenses Opportunity to increase rents over time Whether you’re looking to expand your portfolio, generate passive income, or house hack, this duplex is a smart move. Own TWO doors for under $250K — opportunities like this are rare! Ask about additional duplex available on the same street; great opportunity for investors looking to scale! Address for both doors: 573-577 Vanguard Ave NW. Lake Placid, FL 33852/ Photos shown are only of 577 Vanguard Ave. NW
© 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: 2026-07-16T21:42:30.673.