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306-325 E Phoenix St
Lake Placid, FL 33852

Richards Apartments · Multifamily Property For Sale · 34 Units

PROPERTY FACTS

No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.85 AC
Building Size 15,772 SF
Average Occupancy 100%
No. Stories 1
Year Built 1972

Site Amenities

  • Laundry Facilities
  • Smoke Free

About 306-325 E Phoenix St , Lake Placid, FL 33852

Lake Placid Multi-family, Richards Apartments, E. Phoenix St Cluster is a 34 unit multi-family community in Lake Placid, Highlands County, Fl. The property consists of 3 land parcels totaling 2.85 acres. Parcel 1: 311 E. Phoenix St is 0.62 acres and is located at the northwest corner of E. Phoenix St and Spruce Ave. The property has an L-shaped building containing 3 efficiency units, 3 standard 1 bedroom, 1 bath apartments, 3 remodeled 1 bedroom 1 bath apartments, 1 large 2 bedroom 1.5 baths with a carport, and a laundry and maintenance storage area. The efficiency units are about 240 square feet and the 1 bedroom 1 bath are about 550 square feet. All 10 units have had the roof replaced. Parcel 2: The Main Campus has 24 units with a mixture of rental types ranging from 16 1 bedroom, 1 bath apartments, 1 - 3 bedroom, 2 bath house with 2 car garage, 1 - 2 bedroom 1.5 bath with a 1 car garage, 1 house with 1 bedroom, 1 bath single car garage and carport, 1 duplex with 2 bedroom, 1 bath on each side, 1 standard 2 bedroom , 1 bath and 2 remodeled 2 bedroom, 1 bath apartments. 2 storage units and 2 coin laundries. Parcel 3: is a 0.36 acre vacant parcel that is zoned R2 could add an additional 5 or 6 apartments to the complex.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • P-06-37-30-010-0040-0090
  • P-06-37-30-010-0050-0010
Land Assessment
$19,726
Improvements Assessment
$392,924
Total Assessment
$1,934,277

zoning

Zoning Code R2
R2
  • Listing ID: 17249976

  • Date on Market: 2019-09-20

  • Last Updated:

  • Address: 306-325 E Phoenix St, Lake Placid, FL 33852

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