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137 Lake Rachard Dr

  • 4 beds
  • 2 baths
  • 784 sqft
  • 4,142 sqft lot
  • $248 per sqft
  • 1979 build
  • on site

This is a great investment property. Multifamily: 4 bedrooms , 2 bathrooms. Was built in the infamous year of 1979. With 1614 SF this property gives optimum space to your tenants. Some buyers may look to live in one half and rent the other, or use 100% a a rental property. The property would be great as a corporate rental as well for local crews to occupy for the highest return on investment. Walking distance to the historic downtown Lake Placid, FL. Each unit has 2 bedrooms and 1 bath. Great investment opportunity with both units currently rented. Home values in 33852 have increased 9.9?% (?) over the past 12 months.

STELLAR_MLS logo Listing courtesy of STELLAR_MLS / GRAYSTONE REAL ESTATE

Last checked: Checking… • Last updated May 8, 2021 •

MLS# T3296335 —

Amenities & Taxes

The Building

Year Built:
1979
New Construction:
No
Construction Materials:
Block, Concrete, Stucco
Roof:
shingle
Foundation Details:
Slab
Stories Total:
1
Levels:
One

Interior

Room Count:
10
Interior Features:
Ceiling Fans(s)
Living Area:
784.00
Fireplace:
No
Flooring:
Laminate

Financial & Terms

Listing Terms:
Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures:
lead paint, Seller Property Disclosure
Tax Lot:
4
Tax Block:
C

Location

Directions:
Get on FL-60 E from Airport Access Rd/Bessie Coleman Blvd and George J Bean Outbound Pkwy/George J Bean Pkwy 5 min (2.5 mi) Take I-4 E, FL-570 E, US-98 S and US-17 S to FL-66 E/6th Ave/Debank St in Zolfo Springs 1 hr 26 min (80.3 mi) Follow FL-66 E to US-27 S in Highlands County 26 min (24.9 mi) Turn right onto US-27 S 10 min (9.2 mi) Continue on E Interlake Blvd. Drive to Lake Rachard Blvd
Latitude:
27.30087700
Longitude:
-81.36951800
Direction Faces:
West

The Property

Lot Size Dimensions:
38x109
Total Acreage:
0 to less than 1/4
0.10
Acres:
Zoning:
R2
Lot Size Square Feet:
4142
Property Sub Type:
1/2 Duplex
Exterior Features:
Lighting, other
Homestead:
No
Type:
Residential
Water View:
No
Water Access:
No
Water Extras:
No
Waterfront:
No
Water Source:
Public
Additional Parcels:
No

Listing Agent

Contact info:

Taxes

Tax Year:
2020
Tax Book Number:
12-1
Tax Annual Amount:
710.31
Public Survey Section:
36

Beds

Bedrooms Total:
4

Baths

Bathrooms Total:
2
Bathrooms Full:
2

The Listing

Buyer's Brokerage Compensation:
2.5%%
Virtual Tour Branded:
Virtual Tour
Virtual Tour Unbranded:
Virtual Tour
Virtual Tour Unbranded:
Virtual Tour
Virtual Tour Unbranded 2:
Virtual Tour
Special Listing Conditions:
None

Heating & Cooling

Cooling:
Wall/Window Unit(s)
Heating:
Baseboard

Utilities

Utilities:
cable connected, Electricity Connected, Sewer Connected, Water Connected
Sewer:
Public Sewer

Appliances

Appliances:
Range, Range Hood, Refrigerator

The Community

Association:
No
Association Approval Required:
No
Subdivision Name:
SERENITY SUB
Senior Community:
No
Private Pool:
No

Parking

Garage:
No
Carport:
No

Schools

Rating Details
3

Lake Placid Middle School

  • Public
  • 6-8
  • 0.4 mi
3

Lake Placid Elementary School

  • Public
  • K-5
  • 0.5 mi
4

Lake Placid High School

  • Public
  • 9-12
  • 0.5 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

137 Lake Rachard Dr

Asking price

$195,000

Mortgage

$665

Taxes $59
Insurance $53
Utilities $154 See report
Total $931/mo.*
*This is an estimate

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

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Sale history

Date Event Source Price % Change
4/14/21
Price Changed STELLAR_MLS $195,000 -2.0%
3/18/21
Listed / Active STELLAR_MLS $199,000

Finding records…

No additional history available

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