1617 OAK AVENUE, LAKE PLACID, FL, 33852
Active18 days on marketListed Oct 19, 2026MLS #P4940209
About this home
1617 OAK AVENUE
THREE LOTS • ENDLESS POSSIBILITIES! Rare opportunity for builders and investors in established Sylvan Shores! This prime development property features three adjoining lots, each approximately 80' x 125', with dual paved road frontage. Two side-by-side lots offer 160 feet of frontage with the potential room for a drive-through garage and RV storage. Partially cleared, the property may save you thousands in site preparation costs. Build one home with room for a pool, barn, or detached garage; two homes with shared space for boats and RVs; or three homes for potential rental income. Hold for future investment or share with family. Electricity is nearby; well and septic are needed. Conveniently located near Lake Clay's public boat ramp and downtown Lake Placid's shops, restaurants, and medical facilities. Enjoy the charm of the Town of Murals and Highlands County's year-round festivals and events. Three lots, countless possibilities—bring your vision and make your move today! Buyer to verify zoning, buildability, lot division, and intended uses.
Facts & features
The home at a glance
0.69 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.
$519 /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
$519/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 200% 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 1617 OAK AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$200,000
222 HIGHLANDS LAKE DRIVE
2 bd · 1 ba · 957 sqft · $209/sqft · 84 DOM
Sold · Nov ’25$208,000
1544 CAMELLIA COURT
2 bd · 2 ba · 1,232 sqft · $169/sqft · 227 DOM
Sold · Jan ’26$170,000
530 N LAKEVIEW ROAD
2 bd · 2 ba · 1,332 sqft · $128/sqft · 120 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
Pedro Ribeiro Gloria
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1617 OAK AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1617 OAK AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Pedro's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1617 OAK AVENUE FAQs
What would the monthly payment be for 1617 OAK AVENUE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $519/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 1617 OAK AVENUE?+
The most recent tax bill on record (2025) was $364. 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 $45,000, this home is listed about 84% 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 1617 OAK AVENUE?+
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 CENTURY 21 LAKE & LAND MYERS REALTY · Harelis Santis. MLS #P4940209.
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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