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Active - Land for sale
242 HIGHLANDS LAKE DRIVE, Lake Placid, FL
Facts & features
Why you’ll love it
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.
Listings courtesy of J & R GLOBAL REALTY as distributed by MLS GRID.
Listed by: Urvella Smith • urvella@aol.com • J & R GLOBAL REALTY
Co-listed by: J & R GLOBAL REALTY
Source: Stellar MLS as distributed by MLS GRID, MLS#: O6424998
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
Come see by yourself
Affordability
$82/mo
- Mortgage$68
- Property tax$14
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$270 Credit back
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Travel times
About Highlands Park Estate
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone A
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. 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.
Make a winning offer, and get up to
$270 Credit back
