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Luxury Enclave · Lighthouse Point, FL
Lake Placid is a luxury community in Lighthouse Point, Broward County, Florida. Properties are priced from $1,200,000 to $3,500,000.
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Market Overview
There are 8 active listings for sale in Lake Placid right now. The median list price is $1,474,500, or about $636 per square foot. Listings span $1,090,000 to $3,895,000, so there is inventory across most budgets. Homes are averaging 60 days on market. These figures update from the MLS as the market moves.
Lake Placid Market Stats
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About Lake Placid
Lake Placid is a luxury community in Lighthouse Point, Broward County, Florida. Properties are priced from $1,200,000 to $3,500,000. Pure Equity Realty lists homes in Lake Placid for 1% commission and provides free buyer representation.
Homes & Architecture
Homes for sale in Lake Placid offer 3 to 4 bedrooms and 2 to 4 baths. Living areas run from about 1,785 to 4,254 square feet. The mix here includes single family homes. Current prices run from $1,090,000 to $3,895,000. The homes on the market were built between 1955 and 2023.
Amenities & Lifestyle
Lake Placid is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Lake Placid is located in Lighthouse Point, part of Broward County, Florida. Residents are close to the shopping, dining, schools, and parks of the Lighthouse Point area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Lake Placid
Buying in Lake Placid follows the same path as the rest of Broward County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Broward County is about $3,610. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Lighthouse Point means you see new listings in Lake Placid the day they reach the market.
Selling in Lake Placid
A successful sale in Lake Placid comes down to pricing, presentation, and marketing. List prices in Lake Placid currently center around $1,474,500, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Lake Placid owners in Lighthouse Point, so you can see what your property could sell for before you commit to listing.
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