2 Beds
1 Bath
$499,000
509 Washington Boulevard NE, Lake Placid FL, 33852
Built in1984
Property typeCondominium
Overview
Active
Listed Sep 5, 2026
Updated 2 weeks ago
INVESTMENT OPPORTUNITY – 4 REMODELED UNITS AVAILABLE! Two units are already tenant occupied, offering immediate rental income from day one. Located in the desirable Placid Lakes community of Lake Placid, FL, this multi-unit opportunity is ideal for investors looking to add turnkey, low-maintenance properties to their portfolio.
Each unit has been completely remodeled and features 2 bedrooms, 1 bathroom, an open-concept living area, new flooring, updated fixtures, modern appliances, and stylish finishes throughout. The efficient layouts maximize space while offering comfortable, affordable Florida living that appeals to a variety of tenants.
Conveniently located just minutes from downtown Lake Placid, residents enjoy easy access to restaurants, shopping, community events, lakes, and everything this charming small town has to offer.
With four remodeled units available and two already rented, this is a great opportunity to acquire multiple income-producing properties at once. Purchase as a package and start building your rental portfolio immediately!
$3,320/mo
Est. mortgage payment based on a $499,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 327765
Interior Features
- Bedrooms
- 2
- Bathrooms
- 1
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $874
- Tax Frequency
- Annually