FLhousesonline.com
Save
Ask
Tour
Hide
Share
$2,500,000
15 Days Online

44 Crawford Drive
Lake Placid, FL 33852

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
19,000
SqFt
$132
/SqFt
2023
Built
County:
Highlands
Call Now: 561-351-5096
Is this the home for you? We can help make it yours.
561-351-5096
44 Crawford Drive44 Crawford Drive44 Crawford Drive44 Crawford Drive
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$11,406
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

We are pleased to present for sale this newly developed MHP on the very desirable Lake Istokpoga in Lake Placid, FL. This is a community with 14 brand new 2023 Legacy single-wide mobile homes, 3 single- family houses, and 1 apartment unit on 2.74 acres of lakefront property. All of the units are either brand new or totally renovated from the ground up. Located on one of the 5th largest lake in Florida and one of the best fishing lakes attracting fisherman to camps all around the lake. A new investor can operate this as a long term rental community or partially convert to a short-term rental/Airbnb community to achieve much higher rents. There is plenty of vacation and seasonal demands as this is one of the most desirable lakes in central Florida. The current owners of the community have completed development and are now advertising units for rent. One of the partners needs to pull his capital out for another project, so a buyer has the potential to buy this property with short term debt, finish filling the units, and potentially refinance to achieve above average returns in a short amount of time. We have a soft debt quote for private money and we anticipate this property being worth upwards of $3.2m+ once fully occupied.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,500,000
Days Online 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
19,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.74 Acres
Year Built 
2023
MLS® Number 
S5108258
Status 
Active
Property Tax 
$7,935
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Construction 
BlockMetal SidingOther
Acreage 
2.74
Property Sub Type 
Multi Family
Foundation 
Slab
Zoning 
R1
Ownership 
Partnership
Parcel Number 
C-27-36-30-A00-0010-0000
Interior Features
Cooling 
Central Air
Save
Ask
Tour
Hide
Share
Exterior Features
Waterfront Property 
Yes
Waterfront Features 
Canal - FreshwaterLake
Water Extras 
Boat Ramp - Private
Community Features
Township 
36
MLS Area 
33852 - Lake Placid
Listing courtesy of MACERA REALTY GROUP INC 407-246-1677



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-07-24 12:25 PM EDT

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share