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$13,500

242 Highlands Lake Dr

Lake Placid, FL
Active
0.26
Lot Size (acres)
79
Days On Market

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.

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Listing Information

Listing Updated
08/04/2026
Listed By
Urvella Smith, 3216628505 · J & R GLOBAL REALTY, 3219470425
MLS#
O6424998
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
242 Highlands Lake Dr, Lake Placid, FL 33852
City
Lake Placid
County
Highlands
Neighborhood
HIGHLANDS PARK ESTATE
Zip Code
33852

Architecture

Garage Spaces
0

Property Features

Lot Size
0.26 Acres
Water
None
Sewer
None

Tax & Financial Information

List Price
$13,500
Annual Taxes
$162

Schools

66/100
Lake Country Elementary School
Elementary · Grades PK–05 · 3.1 mi
City
Lake Placid
Students
604
Parent reviews
4.0★ avg · 2 reviews
Student body
48% Hispanic / Latino · 41% White · 8% Black
Free/reduced lunch
63%
Phone
(863) 699-5050
52/100
Lake Placid Elementary School
Elementary · Grades PK–05 · 3.4 mi
City
Lake Placid
Students
569
Student body
41% White · 34% Hispanic / Latino · 18% Black
Free/reduced lunch
73%
Phone
(863) 699-5070
50/100
Lake Placid Middle School
Middle · Grades 06–08 · 3.5 mi
City
Lake Placid
Students
598
Student body
46% Hispanic / Latino · 36% White · 14% Black
Free/reduced lunch
81%
Phone
(863) 699-5030
50/100
Lake Placid High School
High · Grades 09–12 · 3.6 mi
City
Lake Placid
Students
816
Parent reviews
1.0★ avg · 2 reviews
Student body
46% White · 41% Hispanic / Latino · 10% Black
Free/reduced lunch
53%
Phone
(863) 699-5010
55/100
Lake Placid Montessori Academy LLC
All Grades · Grades PK–12 · 3 mi · Private
City
Lake Placid
Students
100
Student body
68% White · 29% Hispanic / Latino · 3% Black
Phone
(863) 699-1164
54/100
Lakeview Christian School
All Grades · Grades PK–08 · 2.3 mi · Private
City
Lake Placid
Students
90
Student body
75% White · 15% Hispanic / Latino · 6% Asian
Phone
(863) 465-0313
53/100
Oasis Adonai Academy
All Grades · Grades KG–10 · 1.2 mi · Private
City
Lake Placid
Students
30
Student body
73% Hispanic / Latino · 27% White
Phone
(863) 699-2193

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/01/2026Listed for sale$13,500

Listed by Urvella Smith · J & R GLOBAL REALTY · 3219470425

Listing information provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: August 4, 2026 at 9:00 PM | Source: Stellar MLS | MLS#: O6424998

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