241 PHANTASY AVENUE

LAKE PLACID, FL 33852

Excellent opportunity to own a buildable ~0.23-acre lot zoned R2 (duplex allowed) in Lake Placid. Located on a paved road with no flood zone and no wetlands, this property offers a strong foundation for your next project—whether you’re looking to build and sell or generate rental income. Utilities include well and septic area, with electricity nearby, making development straightforward. The lot size (~10,000 sq ft) is ideal for a duplex layout, maximizing both space and potential returns. ?? Strong Investment Potential: New construction homes in the area are selling in the $250K–$350K+ range, with duplex properties reaching $300K+, highlighting the upside for builders and investors. ?? Why Lake Placid? Known for its scenic charm and over 25 lakes, Lake Placid continues to attract full-time residents and seasonal renters seeking affordability and lifestyle. The area is experiencing steady growth as buyers are priced out of larger Florida cities. ?? Centrally Located: Approximately 2 hours to Orlando, Tampa, and ~2.5 hours to Miami—making it appealing for a wide range of buyers and tenants. ?? Whether you’re an investor, builder, or land buyer looking for future appreciation, this lot offers flexibility, location, and upside potential in an emerging market.

Listing courtesy of YOUNG REAL ESTATE (407) 459-2055



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Last checked: 2026-05-06 03:00 AM EDT