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502 Reba Drive

Lake Placid FL 33852

59676 sq. ft.
Land
Currently for sale - view listing

Overview

Rare Multi-Lot Development Opportunity – 501 & 503 Megan Ave, 505 Megan Ave, 502 & 504 Reba Ave, Lake Placid, FL Don't miss this exceptional investment opportunity featuring five adjoining parcels totaling 1.37 acres in the heart of Lake Placid! This prime property offers endless possibilities—redesign into townhomes (pending city approval) or build individual residences that sit high and dry, overlooking beautiful Lake Saddlebags. Located in a thriving area near downtown Lake Placid, these lots provide elevated views, convenient access to shopping, dining, and major roadways, all while offering a peaceful residential setting. Whether you're an investor, developer, or builder, this is a rare chance to create something truly special in one of Florida’s most charming communities. ?? Call today for more details and to explore the potential of this prime development site!

Features

59676 sq. ft. lot size
Land

Happy sellers in Lake Placid

92%
92% of sellers in Lake Placid reported that their sale price either exceeded or met their price expectations.

Lake Placid stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Lake Placid over the last 12 months.

Local market activity for land plots in Lake Placid

In the last 12 months, 320 land plots similar to 502 Reba Drive, have been sold.

This represents a 31% increase in land plots sales when compared to the previous 12 months.

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