LAKE PLACID, FL | CANAL PROPERTY | VALUE ADD INVESTOR OPPORTUNITY!

$165,000

Beds

Baths

2,000

Sq ft

1974

Year built

$85K spread

About this property

This canal-front property in Highlands County features 3 bedrooms, 1.5 bathrooms, 2,000 sq ft of living space, and 900+ sq ft of added living space near a public boat ramp. Recent improvements made in 2022 and 2025 include a replaced roof, new drainfield, Hardie board siding, an HVAC replacement, a tankless electric water heater, and a replaced gas stove and refrigerator. The asking price is $165,000 with an estimated ARV of $250,000 and estimated repairs of $35K-$45K.

Property snapshot

Layout3 Bed / 1 Bath

Living area2,000 sq ft

Year built1974

CountyHighlands County

Deal details

Asking price$165,000

ARV estimate$250,000

Spread (ARV − asking)$85,000

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

+1 (305) 762-9521 office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking

$165K

ARV est.

$250K

Spread

$85K

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