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374 Parker Street NE

Lake Placid, FL 33852
  • $579,900
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 284697
New On Site 6 Days Ago
UPDATED: 54 min ago
$579,900
  • 3
    BEDS
  • 0.46
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,138
    SQFT
  • $185
    $/SQFT
Type:
Single-Family Home
Built:
2007
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Two Like New Homes on 2 lots All in One Sale Canal to Lake June! Main Pool Home with all upgrades of granite/ solid surface counters & 10 ft ceilings with large living & family rooms 3/2 split plan with lavish master suite with bay window looking to pool & waterfront accompanied by a luxurious bathroom with jacuzzi tub & separate shower/ his-her walk-in closets. Separate detached cottage/ potential home on separate lot is newly constructed with same quality upgrades of solid surface counters kitchen & high ceilings 1 Br/1Ba. Both dwellings have metal roofs with a separate quaint metal roof sitting area pavilion adjacent to pool between the two properties. This is an ideal property to live with an independant in-law, teenager or extra young adult staying in the extra cottage. With some small adjustments of adding square footage this cottage could potentially qualify as a home to rent out as on Air B&B or sell on its separate lot for extra potential profit. Potential Weekly rental of entire property may have proforma #s:$1,500/6 days Main Hse & $800/6 days Cottage x52=$119,600 @100% /$83,720@ 70%/30% vacancy. After expenses: taxes, insurance & maintenance $58,604 Potential Annual Net Income.10% Cap Rate

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© 2022 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 Compton Realty | Century 21. Data last updated: 2022-01-20T11:42:30.057.
www.comptonrealty.com/homes/124722905
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374 Parker Street NE Lake Placid, FL 33852

  • Price: $579,900
  • Status: Active
  • On Site: 6 Days
  • Updated: 54 min ago
  • MLS #: 284697
3
Beds
2
Baths
0
½ Baths
0.46
Acres
3,138
SQFT
$185
$/SQFT
2007
Built
County:
Highlands
Area:
Highlands
Elementary School:
Lake Placid Elementary
Middle School:
Lake Placid Middle
High School:
Lake Placid High
Property Description
Two Like New Homes on 2 lots All in One Sale Canal to Lake June! Main Pool Home with all upgrades of granite/ solid surface counters & 10 ft ceilings with large living & family rooms 3/2 split plan with lavish master suite with bay window looking to pool & waterfront accompanied by a luxurious bathroom with jacuzzi tub & separate shower/ his-her walk-in closets. Separate detached cottage/ potential home on separate lot is newly constructed with same quality upgrades of solid surface counters kitchen & high ceilings 1 Br/1Ba. Both dwellings have metal roofs with a separate quaint metal roof sitting area pavilion adjacent to pool between the two properties. This is an ideal property to live with an independant in-law, teenager or extra young adult staying in the extra cottage. With some small adjustments of adding square footage this cottage could potentially qualify as a home to rent out as on Air B&B or sell on its separate lot for extra potential profit. Potential Weekly rental of entire property may have proforma #s:$1,500/6 days Main Hse & $800/6 days Cottage x52=$119,600 @100% /$83,720@ 70%/30% vacancy. After expenses: taxes, insurance & maintenance $58,604 Potential Annual Net Income.10% Cap Rate
Exterior Features

Architectural Style One Story Construction Materials BlockConcrete Exterior Features Sprinkler/Irrigation Levels One Parking Features DrivewayTwo SpacesOn Street Patio And Porch Features Covered Road Surface Type Paved Roof Metal View Canal View YN Yes Waterfront Features BulkheadSeawall

Interior Features

Appliances DishwasherDisposalOvenRangeRefrigerator Building Area Total 4492 Cooling Central AirElectric Cooling YN Yes Flooring CarpetTile Heating CentralElectric Heating YN Yes Interior Features In-Law Floorplan Rooms Living Room (Main Level) Window Features Double Hung

Property Features

Association Amenities Powered Boats Allowed Association Fee Frequency Annually Frontage Length 160 Frontage Type Canal Listing Terms CashConventional Pool Features In Ground Property Condition Resale Property Sub Type Single Family Residence Sewer NoneSeptic Tank Special Listing Conditions None Tax Annual Amount 1752 Tax Year 2020 Utilities Sewer Not Available Water Source Public

© 2022 Heartland Association of Realtors


© 2022 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 Compton Realty | Century 21. Data last updated: 2022-01-20T11:42:30.057.
 
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Compton Realty | Century 21
518 US 27 South
Lake Placid FL, 33852