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Highlands 33852
401 MORNINGSIDE DRIVE
Photo of 401 MORNINGSIDE DRIVE

1

Map

$14,000
● Land - For Sale

401 MORNINGSIDE DRIVE

LAKE PLACID, FL 33852
bedrooms
Studio
bathrooms
0 Bath
$84
Est. Monthly

About This Property

Sun and Lakes Neighborhood!  Invest now for future home building!
Unit Size
-
Days on Market
352 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
-
Year Built
-

Listed By

Claudia DeBruyn
[email protected]
MVP REALTY ASSOCIATES LLC

Payment Calculator

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Cap Rate Calculator

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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: 12 months ago (Stellar MLS #C7516266)

Price History

Date / Event Date Event Price
Oct 15, 2025 Listed by REALTY ONE GROUP MVP $14,000
Listed by REALTY ONE GROUP MVP
Oct 7, 2025 No longer available -
No longer available
Oct 15, 2024 Listed by Realty One Group MVP $14,000
Listed by Realty One Group MVP
Nice investment lot in an up and coming area. Build now or wait until your neighbors do!!
May 31, 2023 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 9875
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 9875
Lot Size Dimensions: 79 x 125
Tax Lot: 18
Water Source: Well Required
Financial Details
Tax Annual Amount: $180
Utilities Details
Sewer : Septic Needed

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 790
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SUN N LAKES EST
  • Land Acres: 0000000227
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: SUN N LAKES EST SEC 19 PB 8-PG 88 LOT 18 BLK 219

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961604

Zoning

  • Zoning: R1

Geography

  • Parcel: C-22-37-30-190-2190-0180
  • Block: 219
  • Lot: 18
  • Meridian: SEC 22 TWN 37S RNG 30E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.2655
  • Longitude: -81.3156

    Address

  • Full Address: 401 Morningside Dr
  • Address - House Number: 401
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Placid
  • Zip Code: 33852

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,234
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $3,000
  • Market Land Value: $3,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,000
  • Assessed Land Value: $3,000

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2153533
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Highlands

Stats & Trends

Median Asking:

$289,945

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1729 ft²

Average Home Age

26.4 years

Currently For Sale

500 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 506 Chelsee Way, Lake Placid, FL, 33852

$1,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,016 ft²
506 Chelsee Way, Lake Placid, FL, 33852 Listing by Roxanna LaPaugh

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Claudia Debruyn
REALTY ONE GROUP MVP
Last Updated: 12 months ago
Data Source: Stellar MLS, MLS# C7516266
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 401 Morningside Drive built and last sold?
The property at 401 Morningside Drive was built in and last sold on May 15, 2023 for $3,500.
How much is this home worth?
The estimated value of the home located at 401 Morningside Drive is $14,140.
What are some comparable homes to 401 Morningside Drive?
There are currently no comparable homes to 401 Morningside Drive.
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