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Great opportunity to own a vacant lot in Lake Placid, Florida, a quiet and growing community known for its lakes, natural beauty, and small-town charm. This property is located in a peaceful residential area with convenient access to local schools, shopping, dining, and essential services. Just minutes from nearby lakes, parks, and outdoor recreation, this location is ideal for those who enjoy fishing, boating, and Florida’s relaxed lifestyle. Sebring is a short drive away, offering additional shopping, healthcare, and entertainment options. Publix Super Market and CVS Pharmacy are approximately a 10–12 minute drive from the Doolittle Drive area, ALDI and Winn-Dixie also located along US-27 N for additional grocery shopping options. Advent Health Lake Placid, located at 1210 US-27 N, is approximately 6 miles away (about 12-minute drive), providing convenient access to medical and emergency services. Schools within the Highlands County School District include Lake Placid Elementary School (approx. 5 miles), Lake Placid Middle School (approx. 6 miles), and Lake Placid High School (approx. 6 miles). Several major banks are located along US-27 N in Lake Placid, including Chase Bank, Wells Fargo Bank, Bank of America, and MIDFLORIDA Credit Union. For visitors nearby lodging options include Holiday Inn Express & Suites Lake Placid, Ramada by Wyndham Lake Placid, and Lake Grassy Inn & Suites. Buyer is responsible for verifying all zoning, utilities, and buildability with the county.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$12,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $9,600 | $9,600 | $9,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $59 | $61 | $80 |
| Total Monthly Payment | $134 | $136 | $155 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.