511 DEVOTION DRIVE, LAKE PLACID, FL, 33852
Active374 days on marketListed Jul 14, 2025MLS #OM705267
About this home
511 DEVOTION DRIVE
This lot in Lake Placid is in a fantastic area, just a short 10-minute drive away from Lake Grassy and approximately within a 20-minute drive to Lake Placid. This proximity to both lakes makes it an ideal location for those who enjoy recreational activities like fishing and boating. You'll have easy access to the lake, allowing you to spend quality time on the water and indulge in your favorite water-based hobbies. For car enthusiasts, the lot's proximity to the Sebring International Raceway is a dream come true. You'll be able to enjoy thrilling races and events just a short distance away from your property. Whether you're a motorsport fan or a participant, living so close to a renowned racetrack adds an exciting element to your lifestyle. Additionally, the lot offers the convenience of having shopping and dining options nearby. You'll have access to a range of stores, boutiques, and restaurants, ensuring that your everyday needs are met without having to travel long distances. Overall, this lot in Lake Placid provides a unique combination of recreational opportunities, a favorable growing environment, and proximity to exciting attractions like the Sebring International Raceway. It's an excellent location for anyone looking to enjoy the outdoors, engage in hobbies, and have easy access to amenities. Don't let this deal race on by! Invest or purchase to build your dream home today!
Facts & features
The home at a glance
0.23 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.
$223 /mo · 3.5% down FHA, 30-yr fixed at 6%
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
$223/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.
Where it sits
Inside Lake Placid
Get to know Lake Placid. See the full Lake Placid guide →
LAKE PLACID 33852 — neighborhood snapshot
Population
21,630
Median age
54.8
Median income
$54,841
Median home value
$205,800
Avg household
2.16
Households w/ children
1,979
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
$315K → $335K
Lake Placid median sold, yr/yr
94.8%
Sale-to-list ratio (12 mo)
Median sold price, Lake Placid, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 47% below the LAKE PLACID 33852 median. See the full Lake Placid market guide →
Paper trail
This home's history
Reality check
What actually sold near 511 DEVOTION DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$125,000
106 Sunnyside Court, Lake Placid FL 33852 · same community
3 bd · 2 ba · 1,248 sqft · $100/sqft · 128 DOM
Sold · Sep ’25$270,000
4007 LORETTO AVENUE · same community
3 bd · 2 ba · 1,316 sqft · $205/sqft · 70 DOM
Sold · Aug ’25$250,000
656 CONCERT DRIVE · same community
3 bd · 2 ba · 1,360 sqft · $184/sqft · 116 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
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 511 DEVOTION DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 511 DEVOTION DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
511 DEVOTION DRIVE FAQs
What would the monthly payment be for 511 DEVOTION DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $223/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 511 DEVOTION DRIVE?+
The most recent tax bill on record (2024) was $105. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 511 DEVOTION DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Placid?+
At $8,500, this home is listed about 97% below the Lake Placid median of $279,000. The market section on this page shows how the area is trending.
Which schools are assigned to 511 DEVOTION DRIVE?+
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.
The brief
Four things that matter here
01Under the LAKE PLACID 33852 market on paper
$8,500 is 47% below the LAKE PLACID 33852 median of $16,000.
02Time on market is leverage
374 days on market against a Lake Placid median of 73 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Lake Placid Middle School, Lake Placid High School, Lake Placid Elementary School — Lake Placid Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $11,000, now $8,500 — a $3K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PLATINUM HOMES AND LAND REALTY · Frank Falbo. MLS #OM705267.
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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