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About this home
475 State Road 70 E is a home Lake Placid. Flood zone X, A - outside the FEMA high-risk areas, which keeps insurance manageable.
HUGE PRICE REDUCTION! Seller motivated on this rare 38.58 acre parcel approved and entitled for an RV Resort. ALREADY ZONED RVFUD, this spacious parcel in southern Highlands County allows for up to 280 /- units, the highest designation as High Density Residential. Located just a few thousand feet from the crossroads of Central Florida just east of US 27 on State Road 70 E in Lake Placid and neighboring the new High Grove private Golf Club. Perfect location for capturing north/south AND east/west travelers. Excellent opportunity for the right investor. Not too many vacant land parcels as nice as this one and already zoned! Best price on already zoned/qualified property! OWNER FINANCING AVAILABLE with 50% down.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,499,900
Time on market
606 days
Monthly payment
About $8,831/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,093 annual tax bill, insurance.
Flood zone
Zone X, A
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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