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520 S Main Avenue Lake Placid, FL 33852

2,572 Sqft, Quadruplex

AGENT'S REMARKS ABOUT 520 S MAIN AVENUE

5 Units! Prime Multifamily Investment Opportunity! Well-maintained 5-unit multifamily 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 unitsappealing to a wide range of tenants. The property is easy to manage as tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by the owner and running efficiently. Freshly painted exterior. The building is topped with a durable metal roof and the use of window A/C units helps keep maintenance simple and cost-effective. Rents are adjusted at renewal, providing built-in upside for future income growth.

PROPERTY DETAILS

  • Property Type: Quadruplex
  • Approx Living Area: 2,572 SqFt
  • Year Built: 1982
  • Stories: 1
  • Flooring: Laminate
  • Roof: Metal
  • Age Restrictions: No
  • Total Floors in Building: 1
  • Construction: CBS
  • Exterior Description: Other
  • Cooling System: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Utility Information: Other
  • Pets Allowed: No
  • County: Highlands
  • Area: 5940 - Other Florida County
  • Subdivision: HOFFMANS GROVE
  • Age Restricted: No
  • Annual Property Taxes: $5,611

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Listing courtesy of Transworld Realty Services Inc 04.28.2026

If you are interested in this property at 520 S Main Avenue or any other properties in Lake Placid please contact The Rucco Group at (561) 737-0366.