


$13,500
242 Highlands Lake Drive
Lake Placid, FL 33852
Listing updated: August 1, 2026 at 7:52 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This residential lot offers a one-of-a-kind opportunity for builders, investors, and first-time buyers looking to build a single-family home. Modular and container homes are permitted. (Check with county) Situated on a spacious 0.25-acre lot, this property is located in a growing community with paved roads and nearby electric service, helping reduce future development costs. Enjoy being just minutes from Lake Istokpoga, one of Florida's premier freshwater fishing lakes, with convenient public boat ramp access for boating and fishing enthusiasts. The property is also close to restaurants, shopping, medical facilities, schools, and other everyday conveniences. With land values continuing to rise in the area, now is an excellent time to invest while prices remain affordable. Bonus Opportunity: The seller also owns a second 0.25-acre lot located directly behind this property at 241 Marshall Ave, Lake Placid. Purchasing both lots provides approximately 0.50 acres, offering additional space for a larger homesite, added privacy, or future investment potential.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveAug 1, 2026
- Listed$13,500Aug 1, 2026
- Price increased$13,500
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Highlands Park Estate
- County
- Highlands
- Price/sq ft
- $1
- Lot size
- 11,250 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- A (12055C0387C)
- Annual taxes
- $162 (2025)
- Parcel #
- C-20-36-30-050-0010-0010
- Zoning
- R1
- MLS #
- O6424998
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Electrical Nearby, Utility Pole
Listing Details
- Listing date
- 2026-08-01
- On market date
- 2026-08-01
- Original list price
- $13,500
- MLS area
- 33852 - Lake Placid
- Listing AOR
- Orlando Regional
- Status changed
- 2026-08-01
- Tax legal description
- HIGHLANDS PARK EST SEC E PB 4-PG 87 LOT 1 BLK 1
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Driving Directions: From US Highway 27, take County Road 621 (Lake June Road), then turn onto Highlands Lake Drive. Continue on Highlands Lake Drive to 242 Highlands Lake Dr, Lake Placid, FL 33852.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX 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.
Based on information submitted to the MLS GRID as of August 1, 2026 at 7:52 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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