502 Reba Drive Lake Placid, FL 33852
Listing Courtesy of: HEARTLAND AOR - FL / Lokation

  502 Reba Drive Lake Placid, FL 33852

Active (54 Days)
$295,000

Description

Rare Multi-Lot Development Opportunity – 501 & 503 Megan Ave, 505 Megan Ave, 502 & 504 Reba Ave, Lake Placid, FL

Don't miss this exceptional investment opportunity featuring five adjoining parcels totaling 1.37 acres in the heart of Lake Placid! This prime property offers endless possibilities—redesign into townhomes (pending city approval) or build individual residences that sit high and dry, overlooking beautiful Lake Saddlebags.

Located in a thriving area near downtown Lake Placid, these lots provide elevated views, convenient access to shopping, dining, and major roadways, all while offering a peaceful residential setting. Whether you're an investor, developer, or builder, this is a rare chance to create something truly special in one of Florida’s most charming communities.

?? Call today for more details and to explore the potential of this prime development site!

MLS #:
313438
Taxes
$129(2024)
Lot Size
1.37 acres
Type
Land
County
Highlands County

Listed By

Melissa Anne Johnson, Lokation
Source
HEARTLAND AOR - FL
Last checked May 24 2025 at 1:48 AM GMT+0000
Bathroom Details
Lot Information
  • City Lot
  • Other
  • Public Road
  • See Remarks
Utility Information
  • Utilities: See Remarks
  • Sewer: Public Sewer
School Information
  • Elementary School: Lake Placid Elementary
  • Middle School: Lake Placid Middle
  • High School: Lake Placid High
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Copyright 2025 Heartland FL Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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 last updated 5/23/25 18:48