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Highlands 33852
788 Morningside Drive
Photo of 788 Morningside Drive

1

Map

$19,500
● Land - For Sale

788 Morningside Drive

Lake Placid, FL 33852
bedrooms
Studio
bathrooms
0 Bath
$117
Est. Monthly

About This Property

Sun N Lake Estates building lot in Lake Placid, FL with owner financing. Only $1,500 down for your future Florida home or investment.
Unit Size
-
Days on Market
17 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$21
HOA Dues
-
Year Built
-

Listed By

Rebecca Pierce
[email protected]
GLORY INTL. REAL ESTATE CO

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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: 17 days ago (Beaches MLS #B26077795)

Price History

Date / Event Date Event Price
Sep 18, 2026 Listed by Divito Real Estate Group $19,500
Listed by Divito Real Estate Group
Dec 14, 2022 Sold
Premium
Sold
Jun 4, 2007 Sold
Premium
Sold

Property Highlights

Exterior Details
Other Structures: None
Lot Features: LessThanQuarterAcre
Lot Size Area: 10018.8
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Lot Size Dimensions: 0.23
Water Source: Well
Financial Details
Tax Annual Amount: $254
Utilities Details
Sewer : Septic Tank

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: 9,869
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • 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: SUNN LAKES EST
  • Land Acres: 0000000227
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: SUNN LAKES EST SEC 10 PB 8-PG 81 LOT 1 BLK 114

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: C-22-37-30-100-1140-0010
  • Block: 114
  • Lot: 1
  • Meridian: SEC 22 TWN 37S RNG 30E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.2474
  • Longitude: -81.3002

    Address

  • Full Address: 788 Morningside Dr
  • Address - House Number: 788
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Placid
  • Zip Code: 33852

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,247
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $4,000
  • Market Land Value: $4,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,000
  • Assessed Land Value: $4,000

    Sales

  • Current Sale Contract Date: Dec 13, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2128163
  • Previous Sale Recording Date: Jun 04, 2007
  • Previous Sale Contract Date: May 30, 2007
  • Previous Sale Amount: $5,700
  • Previous Sale Document Type: 52
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:

$289,900

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1731 ft²

Average Home Age

26.6 years

Currently For Sale

502 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

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Rebecca Pierce
Divito Real Estate Group
Last Updated: 17 days ago
Data Source: Beaches MLS, MLS# B26077795
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.

Frequently Asked Questions

When was property at 788 Morningside Drive built and last sold?
The property at 788 Morningside Drive was built in and last sold on Dec 13, 2022 for $12,500.
How much is this home worth?
The estimated value of the home located at 788 Morningside Drive is $19,695.
What are some comparable homes to 788 Morningside Drive?
There are currently no comparable homes to 788 Morningside Drive.
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