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About This Home

This 4-bedroom, 2-bathroom residential multi family at 573 Vanguard Avenue NW in Lake Placid, FL is listed for $249,500. Built in 2006, on a 0.23 acres lot.

Agent Description

Duplex Investment Opportunity in Growing Lake Placid - 2 Units, Strong Income Potential! Don't miss this opportunity to own a maintained duplex featuring two 2-bedroom, 1-bathroom units in the desirable Placid Lakes community of Lake Placid, FL. This property offers the perfect blend of affordability, income potential, and future growth, making it ideal for both seasoned investors and those just getting started.

Each unit features: 2 spacious bedrooms & 1 full bathroom Functional layouts ideal for long-term tenants Strong rental demand in a growing area Located in the heart of Lake Placid, a community experiencing continued growth and revitalization, including improvements to its downtown Main Street district with new shops, dining, and local attractions.

Investment Highlights: Two income-producing units at an affordable price Consistent rental income Low operating expenses Opportunity to increase rents over time Whether you're looking to expand your portfolio, generate passive income, or house hack, this duplex is a smart move.

Own TWO doors for under $250K - opportunities like this are rare! Ask about additional duplex available on the same street; great opportunity for investors looking to scale! Address for both doors: 573-577 Vanguard Ave NW. Lake Placid, FL 33852/ Photos shown are only of 577 Vanguard Ave. NW

Key Features

  • Built in 2006
  • 0.23 acre lot

Property Details

1 story
2 full
2006

Amenities

A/C

Monthly Cost Estimate

$1,334/mo

20% down · 6.5% · 30 years

Principal$180
Interest$1,081
Insurance$73

Estimates only. Actual payments may vary.

Location

573 Vanguard Avenue NW

Lake Placid, FL 33852

Property Details

Flooring

Tile

Construction

Concrete Block

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Appliances

DishwasherRefrigerator(s)Stove(s) / Range(s) Oven(s)Wtr Heater-Electric

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 573 Vanguard Avenue NW is listed at $249,500. The estimated monthly payment is $1,081 based on 20% down at 6.5% interest.

Key features include: Built in 2006, 0.23 acre lot.

This property is listed by Jessica Nunez and can be reached at 8634462701 or jessicanunez12983@gmail.com.

JN

Jessica Nunez

Agent at Paradise Real Estate International LLC

(863) 446-2701

Listed by Paradise Real Estate International LLC · View on Broker Site

MLS# 324957· Source: listhub· Updated 34 days ago

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573 Vanguard Avenue NW, Lake Placid, FL 33852

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