0.24 Acre Residential Lot in Placid Lakes, Lake Placid

Secure your piece of Central Florida with this excellent 0.24-acre residential lot located at 342 E Waterway Ave NW in the well-established Placid Lakes community of Lake Placid, FL. Spanning over 10,300 square feet, this build-ready parcel offers a generous footprint perfectly sized for a custom single-family home or a stunning modular home on a permanent foundation.

The property sits at a solid 100-foot elevation and is located securely in Flood Zone X, meaning it falls outside the 1% annual chance floodplain. This ensures a low-risk, high-and-dry foundation where flood insurance is typically not required. Zoned R1A (Single Family Residential), the lot allows for a site-built home or a modular home with a minimum of 750 square feet of living space (modular homes must be installed on a continuous concrete foundation). This zoning protects the neighborhood's residential character while providing a clear, straightforward path to building your dream home. Best of all, there are no HOA or POA fees in the region, giving you complete freedom over your property.

Lake Placid, famously known as the "Town of Murals," offers a charming small-town lifestyle surrounded by stunning natural beauty. You are just minutes from world-class freshwater fishing and boating on local lakes, as well as the scenic trails of Lake June in Winter Scrub Preserve State Park and the ancient oaks of Highlands Hammock State Park. When you crave city amenities, Orlando, Sebring, and Fort Myers are all within a convenient drive via US HWY-27 and RT-70. With county-maintained road access and electricity available through Duke Energy or Glades Electric, this lot is ready and waiting for your vision.