520 S Main Avenue, Lake Placid FL 33852

Lake Placid, FL, 33852

$755,000

520 S Main Avenue, Lake Placid FL 33852 — photo 1 of 8520 S Main Avenue, Lake Placid FL 33852 — photo 2 of 8520 S Main Avenue, Lake Placid FL 33852 — photo 3 of 8520 S Main Avenue, Lake Placid FL 33852 — photo 4 of 8520 S Main Avenue, Lake Placid FL 33852 — photo 5 of 8520 S Main Avenue, Lake Placid FL 33852 — photo 6 of 8520 S Main Avenue, Lake Placid FL 33852 — photo 7 of 8520 S Main Avenue, Lake Placid FL 33852 — photo 8 of 8

Property facts

Status
Active
Price
$755,000
Living area
2,572 sqft
Year built
1982
Type
Quadruplex
Days on market
139
On market
April 28, 2026
MLS #
B26021355

About this quadruplex

5 Units! 6.7-7.5% 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 units—appealing 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,built-in upside for future income growth. See OM & Income/Expenses attached.

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Listing courtesy of Kimberly Donato, Transworld Realty Services Inc, 954-718-2121. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided 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 the MLS.