15 ObservationLake Placid, FL 33852

  • Retail properties
  • 3,120 SF
Off market
$2,152,294 Estimated

Property Details for 15 Observation

Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.21 AC
Property size (Sq ft)
3,120 SF
Zone code
R2
Property type
Retail properties
Property subtype
Other automotive properties
APN
P-31-36-30-07A-0270-0220
APU
P31363007A02700220

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,340,444
    6.5%
    $1,237,333
    7%
    $1,148,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,611,815
    Geo Method
    $1,234,633
  • Alternative Use

    Use
    Valuation
    Residential
    $1,043,737
    Hospitality
    $956,057
    Educational
    $795,428
    Medical
    $822,784
    Retail
    $1,237,333
15 Observation, Lake Placid, Florida

Location Insight

City
Lake Placid
County
Highlands
State
Florida
Latitude
27.3006
Longitude
-81.3662
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
$3,356
$4,520
$186,553
$191,073
-
$4,520
$186,553
$191,073

FAQs

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