735 S Lakeview Unit #8 Rd #4, Lake Placid, FL 33852
About this home
Lake Clay lakefront condo. Maintenance fee is $742 per month per unit. Good return on investment - Looks like rate is 16% before debt service. The monthly fee of $742 includes all common area maintenance, electric, insurance, trash, cable tv, internet, pest control, lawn service, office expense, insurance on building, RE taxes, condo license and fees, salary for manager who takes care of the rentals. Manager collects 13% of gross income. The owner pays only interior electric and cleaning fee for each renter. Lake Blue Resort has been the go to place for visitors for over 50 years and has made many great memories for a lot of those renters who have turned owners as a reslt. Beautiful pool with lounging area, sandy beach on beautiful Lake Clay
CondoProperty Type
1957Year Built
1 sq ftLot Size
$206Est. Price/Sq.Ft.
Listed by Sue Clark• CENTURY 21 Lake & Land Myers Realty
Bought with Sue Clark• CENTURY 21 Lake & Land Myers Realty
Lake Clay lakefront condos. Four units packaged together - Good return on investment. The monthly fee of $742 includes all common area maintenance and electric and insurance, trash, cable tv, internet, pest control lawn service, office expense. insurance on building, RE taxes, condo license and fees plus manager who rents out the units. The owner does nothing but pay the monthly fee. and the interior electric, and cleaning charge. Lake Blue Resort has been the go to place for visitors for over 50 years and has made many great memories for a lot of renters turned owners as a result. Beautiful pool with lounging area, sandy beach on beautiful Lake Clay. P & L Statement ready for view to qualified prospects.
HAOR as distributed by MLS GRID #240945
Mar 30, 2017
Sold
$68,000
$149/sq ft
Nov 22, 2016
Listed
$68,000
$149/sq ft
+19
GREAT opportunity to own your own seasonal get-away that also provides rental income when you're not there! This unit in beautifully maintained Lake Blue Resort has been recently updated with new kitchen, furnishings and is ready for vacations TODAY! One of only two end units with direct lake view. Fully furnished, including dishes and cooking utensils, just bring your toothbrush! The spacious living/bedroom has two full sized beds in the 11X16 bedroom area, with the rest arranged as a living room. Seperate kitchen with granite, newer appliances and a pass thru to the screened porch overlooking beautiful Lake Clay! Ask about the Rental Income! It pays for your investment when you are not using it! The resort offers a white, sandy beach, heated pool, shuffleboard, guest laundramat, picnic pavillion, boat slips and dock, even a screened fish-cleaning station! No-hassel rental management for owners. HURRY!
HAOR as distributed by MLS GRID #239734
Oct 14, 2016
Sold
$56,000
$123/sq ft
Aug 17, 2016
Listed
$59,800
$131/sq ft
HAOR as distributed by MLS GRID #236975
Jun 20, 2016
Sold
$57,000
$125/sq ft
Jan 1, 2016
Listed
$59,800
$131/sq ft
HAOR as distributed by MLS GRID #237970
Mar 30, 2016
Sold
$109,000
$239/sq ft
Mar 4, 2016
Listed
$109,000
$239/sq ft
As the MLS and public records start to fill up, we'll list the details here.