1154 MacArthur St - Residential Income FOR SALE


Lake Placid, FL 33852
$220,000 USD
863-446-0908
1154 MacArthur St, Lake Placid, FL for Sale
$220,000 USD
Residential Income - FOR SALE
1/16
null | Request Cap Rate

Mar '25


1154 MacArthur St
Lake Placid, FL 33852


HIGHLIGHTS

  • Currently rented at $1500 per month. Close to Lake Istokpoga and centrally located for tenants that need to travel. 2020 Construction

OVERVIEW

Modern Home in Lake Placid – Rental or Owner-Occupied Opportunity! Discover this versatile 2020 concrete block home in a peaceful Lake Placid neighborhood. Perfect for investors or homeowners, the property currently has tenants who are flexible to either stay or move out. Property Features: • 3 Bedrooms, 2 Baths • Split Floor Plan for added privacy • Spacious Primary Bedroom with attached ensuite • Situated on a 150’ deep lot offering plenty of outdoor space Neighborhood Highlights: • Located on a quiet street with minimal car traffic – perfect for dog walking and biking • Close to Istokpoga Boat Ramp for fishing and water activities • Just minutes from downtown Lake Placid for convenient shopping and dining This home is ideal for those seeking a tranquil lifestyle or a solid investment opportunity. **Seller also has the property which is identical at 1164 MacArthur if you would like to purchase both on the same street and just a few doors down. It is also leased and the Tenants would like to stay for at least 2 more years. They really like the location and quietness. Lease terms: Tenants have a lease agreement until August 31 2025. They have expressed they would be willing to move out if the new owners do not want to have a tenant and have a place to go. They are paying $1500 per month.

FOR SALE DETAILS

PRICE

$220,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1154 MacArthur

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R1

APN/PARCEL ID

C-20-36-30-140-0100-0040

ASK ABOUT THIS PROPERTY

Eve BrockEve Brock's Florida RealtyMore Info
863-446-0908

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Eve BrockEve Brock's Florida RealtyMore Info
863-446-0908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.