15 GRAPE LN, LAKE PLACID, FL 33852

Details: 15 Grape Ln, Lake Placid, FL 33852, 2 beds, 1.5 baths, 1,915 sqft, 19,475 sqft lot, 1969 build, CBS

Features: Exclusive off-market Investor special in Lake Placid! This 2 bed, 1.5-bath block home sits on nearly half an acre in a corner lot with unobstructed views of Little Red Water Lake in the peaceful Citrus Lakes Colony neighborhood. With over 1,900 sq ft of living space, carport parking, and solid 1969 construction, it’s a great value-add opportunity. Just minutes from Lake Placid’s town center, US-27, and several public lakes, this property offers strong resale potential in a growing area known for its natural beauty and charm.

Potential ARV: $525,000-550,000

Rehab Description: For a flip or rental this needs updating to the kitchen, bathrooms, flooring, fixtures, a new roof and AC. Finish off by applying fresh interior/exterior paint, and some landscaping to boost curb appeal.

Construction: CBS

Estimated Rehab: $65,000-$75,000

Comparable rent: $1850

Closing Date: On or before 7/24/25

Occupancy: Seller(s) will have 14 days post-closing occupancy in the home with a $5,000 escrow holdback. 

Information believed to be accurate but not warranted

Comp 1:

942 Peachtree Dr, Lake Placid, FL 33852, 3 Beds, 2 Baths, 2,050 sqft, 18,730 sqft lot, 1972 build, cbs, sold $542K 01/2025, Updated

Comp 2:

462 Lake June Rd, Lake Placid, FL 33852, 3 Beds, 2 Baths, 1,738 sqft, 9,720 sqft lot, 1970 build, cbs, sold $520K 02/25, partially updated