520 S Main, Lake Placid
#MLS: B26021355
$ 775 000
Listing date04/28/2026
CityLake Placid, FL 33852
Address520 S Main
Area2572 sqft
Tax/year$ 5 611
Built year1982
5 Units! 6.5-7.3% CapRate. See attached Offering Memorandum for Income/Expenses. 100% Occupied. Prime Multifamily Investment! Well-maintained 5-unit property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath unitsappealing to a wide range of tenants. Property is easy to manage, tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by owner & running efficiently. Fresh painted exterior. Building is topped w/ durable metal roof & use of window A/C units helps keep maintenance simple & cost-effective. Rents adjusted at renewal, providing built-in upside for future income growth.
520 S Main Lake Placid, FL 33852 quadruplex house for sale with MLS B26021355 located in . If you want to buy Quadruplex - 520 S Main Lake Placid, FL 33852, call today!