John Walder
← INNOVATE Real Estate
Land at 242 HIGHLANDS LAKE DR, LAKE PLACID
Land at 242 HIGHLANDS LAKE DR, LAKE PLACID, photo 2 of 6
Land at 242 HIGHLANDS LAKE DR, LAKE PLACID, photo 3 of 6
Land at 242 HIGHLANDS LAKE DR, LAKE PLACID, photo 4 of 6
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Land at 242 HIGHLANDS LAKE DR, LAKE PLACID, photo 6 of 6
6 photos

$13,500

242 HIGHLANDS LAKE DR
LAKE PLACID, FL 33852
Listed by Urvella Smith · J & R GLOBAL REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This residential lot offers a one-of-a-kind opportunity for builders, investors, and first-time buyers looking to build a single-family home. Modular and container homes are permitted. (Check with county) Situated on a spacious 0.25-acre lot, this property is located in a growing community with paved roads and nearby electric service, helping reduce future development costs. Enjoy being just minutes from Lake Istokpoga, one of Florida's premier freshwater fishing lakes, with convenient public boat ramp access for boating and fishing enthusiasts. The property is also close to restaurants, shopping, medical facilities, schools, and other everyday conveniences. With land values continuing to rise in the area, now is an excellent time to invest while prices remain affordable. Bonus Opportunity: The seller also owns a second 0.25-acre lot located directly behind this property at 241 Marshall Ave, Lake Placid. Purchasing both lots provides approximately 0.50 acres, offering additional space for a larger homesite, added privacy, or future investment potential.

Property details

MLS #
MFRO6424998
Property type
Land
Subdivision
HIGHLANDS PARK ESTATE
Status
Active
Days on market
3
On market date
August 1, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.26 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
LAKE COUNTRY ELEMENTARY SCHOOL
3.06 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
625
Student:teacher ratio
19.5:1
District
HIGHLANDS
Middle
LAKE PLACID MIDDLE SCHOOL
3.52 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
666
Student:teacher ratio
17.5:1
District
HIGHLANDS
High
LAKE PLACID HIGH SCHOOL
3.57 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
834
Student:teacher ratio
20.3:1
District
HIGHLANDS

Mortgage calculator

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Est. monthly payment
$231/mo
$2,700 down
$10,800 loan
Principal & interest$70
Property tax (est.)$11
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 25 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.