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707 Lake Clay Drive S, Lake Placid, FL 33852

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For Sale

$649,000

3 beds • 3 baths • 2,073 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 1962
    Year built

  • $313.07
    Price per square foot

  • Fireplace, Electric
    Fireplace Description

Explore this Property

Hilltop Lakefront Gem: Turnkey Home + Income-Producing ADU Perched atop the Highlands Ridge in Lake Placid, this elevated cove-front property transforms its commanding position into a premium advantage: storm resilience, panoramic lake vistas, and front-row Cape Canaveral rocket launch views-all while eliminating flood insurance requirements. Well-maintained and turnkey, this home and ADU are move-in ready with exceptional rental or Airbnb potential. ADU Highlights: The ground-floor 1/1 ADU (CBS construction) offers a private entrance, ensuite bathroom, walk-in closet, full galley kitchen, and in-unit washer/dryer, with direct backyard access to Lake Clay's sandy-bottom waters-perfect for swimming, wake surfing, water skiing, and fishing. Main Home Features: Upstairs, the 2/2 main home delights with airy, light-filled rooms framing water views from the kitchen, master suite, and living area, including its own full-sized washer and dryer. Outdoor Living: Spanning 1,266 SF of covered space: lakeside jacuzzi, outdoor kitchen, dock w/two electric boat lifts, and an open-air fire pit. Practical Perks: Low utility costs; Durable metal roof; No HOA; Not in a flood zone; ADU income potential A rare 0.34-acre lot minutes to Lake Placid's amenities awaits its next owner.
MLS# 309944

Listed By CENTURY 21 Lake & Land Myers Realty

Property Features

  • Appliances
    Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
  • Cooling
    Central A/C
  • Exterior
    Dock
  • Exterior Description
    Concrete Block, Other
  • Fireplace Description
    Fireplace, Electric
  • Flooring
    Hardwood, Tile
  • Garage Description
    Carport
  • General
    Ceiling Fan(s)
  • Heating - Fuel Type
    Other
  • Location
    Waterfront
  • Lot Size
    0.34 Acres
  • Roof
    Metal Roof
  • Style
    Other Style
  • Views
    Lake & Stream

Map and Directions

Directions to 707 Lake Clay Drive S, Lake Placid, FL 33852

Home seller CENTURY 21 Lake & Land Myers Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lake & Land Myers Realty

(863) 659-4777
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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