$280,000
●
House -
Off Market
129 Apple Tree Avenue
Lake Placid, FL 33852
3 Beds
3 Baths
2,134 Ft²
$376,678
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Custom Build 3/3 Home on Lake Grassy! This bright beautiful home
features a wide view of the connecting canals. There is an
additional den/office/nursery, large master bedroom with tray
celling and water view, great room in living area with
vaulted ceilings and fire place. This home has a large
kitchen island, as well as breakfast nook, cabana bath, large
screen in porch with great water views and tiled floors. Various
tropical fruit trees are also on this property. Open canal front,
with dock, and direct Lake Grassy access.
Unit Size
2,134 Ft²
Days on Market
57 days
Land Size
0.23 acres
Price per sqft
$129
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (Beaches MLS #R10635411)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2020 | Sold | ||
| Sold | |||
| Jun 27, 2020 | Listed by Capital Group Realty of South Florida | $275,000 | |
| Listed by Capital Group Realty of South Florida | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $199,000 | |
| Listed | |||
| | |||
|
Come see! Custom Built home on wide and deep canal into Lake Grassy. Full view of connecting canal from your backyard giving an open feeling with lots of water in view. Three bedroom with an office (and bath) off of the patio(framed out from master bedroom to accomodated a home office or nursery. All bedrooms are large, living room and kitchen are great room concept. There is a fantastic eat-in area in the kitchen overlooking the water. Solid built home with lots of extra touches. Extra room off of porch could be cabana with a bath if a pool is desired. Lots of possibilities with this house. The manager has listed the unit size as 3184 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Highlands
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Listed by: James E Fraser 111
Capital Group Realty of South Florida
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10635411
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Capital Group Realty of South Florida
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10635411
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