420 MainLake Placid, FL 33852

  • Retail space
  • 1,200 SF
Off market
$1,071,800 Estimated

Property Details for 420 Main

Year built
1962
Construction
FRAME
Lot size
0.11 AC
Property size (Sq ft)
1,200 SF
Zone code
C2
Property type
Retail space
APN
P-06-37-30-040-0180-0190
APU
P06373004001800190

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $391,931
    6.5%
    $361,783
    7%
    $335,941
  • Comparable approach

    Method
    Valuation
    Relative Method
    $255,844
    Geo Method
    $195,973
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $695,112
    Mixed-Use / Specialty
    $364,695
    Hospitality / Lodging
    $273,036
    Office
    $366,905
    Institutional / Educational
    $380,638
    Residential Income
    $445,346
    Multifamily
    $510,828
    Automotive / Energy
    $326,261
    Parking / Income-Based Land
    $108,437
    Restaurant / Food Service
    $198,649
    Healthcare / Senior Housing
    $369,679

Location Insight

City
Lake Placid
County
Highlands
State
Florida
Latitude
27.2924
Longitude
-81.3658
CBSA code
42700
CBSA name
SEBRING, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,424
$22,135
$62,008
$84,143
-
$22,135
$62,008
$84,143

FAQs

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