How do I schedule a tour of 520 S Main Avenue, Lake Placid, FL 33852?

Use the Tour button on this listing to request a showing of 520 S Main Avenue, Lake Placid, FL 33852. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 520 S Main Avenue, Lake Placid, FL 33852 still available?

520 S Main Avenue, Lake Placid, FL 33852 is currently listed as Active, and has been on the market 139 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 520 S Main Avenue, Lake Placid, FL 33852?

With 20% down ($151,000) on the $755,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 520 S Main Avenue, Lake Placid, FL 33852 is about $3,968/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 520 S Main Avenue, Lake Placid, FL 33852?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 520 S Main Avenue, Lake Placid, FL 33852. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Can I negotiate the price of 520 S Main Avenue, Lake Placid, FL 33852?

Often, yes. The right offer on 520 S Main Avenue, Lake Placid, FL 33852 depends on how it's priced against comparable multi-family sales in Lake Placid, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

139 Days on Market

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$755,000

520 S Main Avenue

Lake Placid, FL 33852

HOFFMANS GROVE

Explore the area: Lake Placid homes for sale · Highlands County real estate

Price Check

How this price compares

List price: $755,000
Price per sq ft: $294
Original price: $775,000
Days on market: 139

This multi-family property in ZIP 33852 is listed at $755,000, or $294 per square foot. The asking price has come down 2.6% from its original $775,000. It has been on the market for 139 days.

Bedrooms

Bathrooms

2,572

Living Sq Ft

1982

Year Built

Estimated monthly payment

$3,968 /mo

Principal and interest only, based on $151,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $755,000
Days on Site: 139 Days
Bedrooms: 0
Total Baths: 0
Living Area: 2,572 sqft
Total Sq Ft: 2,572 sqft
Year Built: 1982
Property Type: Multi-Family
MLS #: B26021355
Property Tax: $5,611 (2025)
Subdivision: HOFFMANS GROVE
County: Highlands
Status: Active
Special Conditions: Standard / Listed As Is

About This Property

5 Units! 6.7-7.5% CapRate. See attached Offering Memorandum for Income/Expenses. 100% Occupied. Prime Multifamily Investment! Well-maintained 5-unit property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath units—appealing to a wide range of tenants. Property is easy to manage, tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by owner & running efficiently. Fresh painted exterior. Building is topped w/ durable metal roof & use of window A/C units helps keep maintenance simple & cost-effective. Rents adjusted at renewal,built-in upside for future income growth. See OM & Income/Expenses attached.

Virtual Tour

General Features

Property Type: Multi-Family
Status: Active
Year Built: 1982
Property Condition: Updated Remodeled
Number of Stories: 1
Levels: One
Living Sq Ft: 2,572
Total Sq Ft: 2,572
Structure Type: Multi Family
Sewer: Septic Tank
Water Source: Public
Zoning: C2

Interior Features

Cooling: Wall Window Units
Heating: Wall Furnace
Flooring: Laminate
Laundry: None

Exterior Features

Construction: Block
Roof: Metal
Exterior Features: Other

Community & HOA

Utilities: Other
Pets Allowed: No
Financing Terms: Cash / Conventional
Restrictions: No Restrictions
MLS Area: 5940 - Other Florida County

About the Community

Hoffmans Grove

View Community Details →

Homes for Sale: 1
Median List Price: $755,000
Median $/Sq Ft: $294
Avg Days on Market: 139

View all 1 homes for sale in Hoffmans Grove →

Frequently Asked Questions

How do I schedule a tour of 520 S Main Avenue, Lake Placid, FL 33852?: Use the Tour button on this listing to request a showing of 520 S Main Avenue, Lake Placid, FL 33852. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 520 S Main Avenue, Lake Placid, FL 33852 still available?: 520 S Main Avenue, Lake Placid, FL 33852 is currently listed as Active, and has been on the market 139 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 520 S Main Avenue, Lake Placid, FL 33852?: With 20% down ($151,000) on the $755,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 520 S Main Avenue, Lake Placid, FL 33852 is about $3,968/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 520 S Main Avenue, Lake Placid, FL 33852?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 520 S Main Avenue, Lake Placid, FL 33852. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 520 S Main Avenue, Lake Placid, FL 33852?: Often, yes. The right offer on 520 S Main Avenue, Lake Placid, FL 33852 depends on how it's priced against comparable multi-family sales in Lake Placid, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Transworld Realty Services Inc

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$755,000

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Listed by Kimberly Donato, Transworld Realty Services Inc

Map & Location

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Cities in Highlands County

Sebring Homes for Sale$301,998 Lake Placid Homes for Sale$350,000 Avon Park Homes for Sale$245,000 Lorida Homes for Sale$249,450

Zip Codes in Highlands County

33852 Homes for Sale$350,000 33872 Homes for Sale$309,950 33875 Homes for Sale$312,500 33870 Homes for Sale$240,495 33825 Homes for Sale$245,000 33876 Homes for Sale$400,000 33857 Homes for Sale$240,000

Property Types

Homes for Sale Luxury Homes New Construction Single-Family Homes Condos Townhouses Villas 55+ Communities

Recently sold homes in ZIP 33852

These are the last 6 recorded closings in ZIP 33852, with the price each home actually sold for rather than what it was listed at. They closed at a median of $186 per square foot. The most recent closed on September 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in ZIP 33852 or find out what your ZIP 33852 home is worth.

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