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603 Summit Street, Lake Placid, FL 33852

Lake Placid
Local realty services provided by:CENTURY 21 Advanced All Service Realty, Inc.
603 Summit Street,Lake Placid, FL 33852
$284,900
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  • 4 Beds
  • 4 Baths
  • 2,624 sq. ft.
  • Multi-family
  • Active
Listed by: ivan barajas
Office: kw florida living
MLS#:330143
Source:FL_HAR

Price summary

  • Price:$284,900
  • Price per sq. ft.:$108.57

About this home

GREAT INVESTMENT OPPORTUNITY IN LAKE PLACID! This spacious duplex features two 2-bedroom, 2-bathroom units, each offering approximately 1,100 square feet under air. The property features 8-gauge metal roofing, new windows, ceramic tile flooring throughout, spacious living areas, and a fenced outdoor area. LIVE IN ONE SIDE AND RENT OUT THE OTHER! This is a great opportunity for buyers looking to become homeowners while using rental income from the neighboring unit to help offset their monthly mortgage payment. Investors will also appreciate the potential to convert the property into four separate 1-bedroom, 1-bathroom apartments, subject to local zoning and approval. Conveniently located near downtown Lake Placid and directly behind the iconic Lake Placid Tower, which has been discussed for future renovation and revitalization. Potential improvements to this landmark could add to the area's appeal and long-term investment value. Whether you're looking for a primary residence with...

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Home facts

  • Year built:1972
  • Listing ID #:330143
  • Added:1 day(s) ago
  • Updated:November 04, 2026 at 06:43 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile, Vinyl
  • Living area:2,624 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1972
  • Building area:2,624 sq. ft.
  • Lot area:0.2 Acres
  • Construction Materials:Block, Concrete
  • Exterior Features:Open Patio

Utilities

  • Water:Public

Finances and disclosures

  • Price:$284,900
  • Price per sq. ft.:$108.57
  • Tax amount:$1,656 (2025)

Parking

  • Carport spaces:1

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