$330,000
$339,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,079 SqFt
SOLD DATE : 10/16/2023
Key Details
Sold Price $330,000
Property Type Single Family Home
Sub Type Half Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,079 sqft
Price per Sqft $158
Subdivision Hoffman Grove 02
MLS Listing ID C7480171
Sold Date 10/16/23
Bedrooms 5
Full Baths 3
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1970
Annual Tax Amount $3,153
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 88x129
Property Description
Welcome to a golden investment opportunity in the heart of Lake Placid! This income-producing property offers the best of both worlds - a spacious 3-bedroom, 2-bathroom unit on one side and a cozy 2-bedroom, 1-bathroom unit on the other. Currently, the 3/2 unit is generating a steady stream of $1,400 per month in rent, while the 2/1 unit shines as a flourishing AirBNB, boasting an average monthly rental income of $1,200. With separate electric and water meters, the flexibility here is unmatched. The recently replaced HVAC system in 2022 ensures efficiency and peace of mind. Although there are no issues, the seller is offering up to $10,000 at closing towards the replacement of the roof (with an approved offer), adding extra value to this incredible deal.
Location
State FL
County Highlands
Community Hoffman Grove 02
Zoning R2
Interior
Interior Features Ninguno
Heating Central, Electric
Cooling Central Air
Flooring Tile
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Other
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Phone Available
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with KW PEACE RIVER PARTNERS
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