721 LAKE CLAY DRIVE S, LAKE PLACID, FL, 33852
Active49 days on marketListed Sep 19, 2026MLS #L4965192
About this home
721 LAKE CLAY DRIVE S
Discover the best of Lake Placid living on beautiful Lake Clay! This vacant waterfront residential lot offers the opportunity to enjoy Florida's lake-country lifestyle while remaining remarkably convenient to everyday necessities. Enjoy boating, fishing, kayaking and beautiful water views, with public boat access available on Lake Clay. Just minutes from US Hwy 27 to Publix grocery, shopping, dining, services, and Advent Hospital, this location combines waterfront living with everyday convenience. Explore charming downtown Lake Placid, famous as the "Town of Murals" and "Caladium Capital of the World," or enjoy the area's many freshwater lakes, parks and outdoor recreation. Whether you're looking for a full-time Florida residence, seasonal retreat or the perfect place to build your waterfront dream, this property puts the water access at your doorstep and the conveniences of town close at hand.
Facts & features
The home at a glance
0.35 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,129 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,129/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Where it sits
Inside Lake Placid
Get to know Lake Placid. See the full Lake Placid guide →
LAKE PLACID 33852 — neighborhood snapshot
Population
22,600
Median age
54.2
Median income
$54,284
Median home value
$213,500
Avg household
2.22
Households w/ children
1,920
For the school run
Highlands County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Placid market
$245K → $230K
Lake Placid median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
Median sold price, Lake Placid, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1566% above the LAKE PLACID 33852 median. See the full Lake Placid market guide →
Paper trail
This home's history
Reality check
What actually sold near 721 LAKE CLAY DRIVE S
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’26$135,000
15 CHARLTON DRIVE UNIT 15
2 bd · 2 ba · 952 sqft · $142/sqft · 188 DOM
Sold · Nov ’25$208,000
1544 CAMELLIA COURT
2 bd · 2 ba · 1,232 sqft · $169/sqft · 227 DOM
Sold · Jan ’26$130,000
5 CHARLTON DRIVE UNIT 5
2 bd · 2 ba · 1,324 sqft · $98/sqft · 18 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Seth Cabrera - Rothschild
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 721 LAKE CLAY DRIVE S — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 721 LAKE CLAY DRIVE S — before you fall in love.
See it in person
Schedule a tour
Live availability from Seth's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
721 LAKE CLAY DRIVE S FAQs
What would the monthly payment be for 721 LAKE CLAY DRIVE S?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $2,129/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 721 LAKE CLAY DRIVE S?+
The most recent tax bill on record (2025) was $1,714. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Placid?+
At $249,900, this home is listed about 12% below the Lake Placid median of $284,900. The market section on this page shows how the area is trending.
Which schools are assigned to 721 LAKE CLAY DRIVE S?+
Lake Placid Middle School (middle), Lake Placid High School (high), Lake Placid Elementary School (elementary) — Highlands County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ADVANTAGE REALTY 1 · Gregory Karlson. MLS #L4965192.
IDX information is 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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