Lake Placid, Florida, United States 1 - 17781641
Lake Placid, Florida, United States 2 - 17781641 Lake Placid, Florida, United States 3 - 17781641
Lake Placid, Florida, United States 4 - 17781641 Lake Placid, Florida, United States 5 - 17781641
$755,000

Quadruplex In Lake Placid

  • 2,572 Sqft
  • Updated: July 15
  • Source:
    BeachesMLS  MLS#B26021355

About the Property

5 Units! 6.7-7.5% CapRate. See attached Offering Memorandum for Income/Expenses. 100% Occupied. Prime Multifamily Investment! Well-maintained 5-unit property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath units—appealing to a wide range of tenants. Property is easy to manag
5 Units! 6.7-7.5% CapRate. See attached Offering Memorandum for Income/Expenses. 100% Occupied. Prime Multifamily Investment! Well-maintained 5-unit property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath units—appealing to a wide range of tenants. Property is easy to manage, tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by owner & running efficiently. Fresh painted exterior. Building is topped w/ durable metal roof & use of window A/C units helps keep maintenance simple & cost-effective. Rents adjusted at renewal,built-in upside for future income growth. See OM & Income/Expenses attached.
…

  • Property type

    Other

  • Floors

    1

  • Year built

    1982

  • Price/sqft

    $293

Features

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520 S Main Avenue, Lake Placid, Florida, United States View on Google Maps
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Transworld Realty Services Inc - Sunrise

Joined 7 months ago
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Transworld Realty Services Inc - Sunrise
Florida, United States
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1
Listings
2026
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Transworld Realty Services Inc - Sunrise
Sunrise, Florida, United States
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Last updated
July 15
First listed
Apr 29
Listing reference
B26021355
Listing status

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

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