Own a Great Piece of Property
in Highlands County Lake
Placid!!!
LAKE PLACID, FLORIDA LOT/LAND 1/4 ACRE.
You are bidding on the DOWN PAYMENT of this parcel.
Great Location, residential lot with Clear Title. Title insurance will be provided at closing.
As anyone who invests in real estate will say, “They aren’t making any more land”. This is a great
opportunity to own your own lot in Highlands County.
ABOUT THIS LOT:
Parcel Number: C-22-37-30-050-0470-0060
Address: 361 STARDUST AVE, Lake Placid, FL 33852
Short Legal: SUN N LAKES EST SEC 5
PB 8-PG 60, LOT 6 BLK 47
Annual Taxes: $229.88 / For year 2007
Approximate size: 1/4 acre / 81 ft x 125 ft / approximately 10,125 square feet
Title: Free and clear.
Cash Price: $10,900 (If you choose not to finance it with us. Financing is offered with no qualifying regardless
of credit)
This property is offered at
a huge $2,100 discount to what the Highlands County Tax Appraisers office has valued it, which is $13,000.00 for 2007. This
property is also offered for Thousands Less than some of the properties that have recently sold in the area, see the
recent sales below.
This is a great opportunity to own land in Central Florida.
As you can see from the photos there are many homes in the neighborhood. You can look up this lot on the Highlands County Property
Appraisers site: http://www.appraiser.co.highlands.fl.us/index.shtml Once on the site, just put in the address or the parcel number
above.
This lot is only 1/2 mile from the water and "Grassy Lake" a great lake for water sking, boating and fishing. Highlands County is
known for its many lakes, including Lake Istokpoga, one of the largest lakes in the state of Florida. This lot is only 3 miles from
Lake Istokpoga.
You are bidding on the down payment plus a closing fee of $395.00 (for all the closing transaction costs including recording costs,
title insurance and preparation of a new deed and mortgage)
Your bid is for the down payment only. If you choose to pay cash, your bid will be for $10,900, (the total purchase price). If you
choose not to pay cash, at closing you will be given a mortgage for the purchase price of $10,900 (total purchase price) minus your
bid amount, which is your down payment. The mortgage will be financed for 10 years at 9.5% simple interest. Your monthly payment
will be determined by the amount of the down payment. For example if your bid amount is $250 your mortgaged amount will be $10,650
and your monthly payment will be $137.81 for 10 years. The winning bidder will be allowed to finance for a shorter term if they
choose. There are no liens on this property and you will get title free and clear of any encumbrances. The minimum down payment/bid
is only $0.01 (one cent).
This is your opportunity to purchase a lot in Okeechobee with very little money down and Owner Financing.Your monthly payment
will vary, plus or minus depending on the bid amount of your down payment. There will be NO PREPAYMENT PENALITY on your loan and
you DO NOT have to qualify for this loan. NO Credit Check will be done.
If you have any questions about the lot or payment terms, please contact us and we will be happy to answer them 561-338-1890
Ext. 303.
Serious bidders only please. Do not bid if you do not intend to purchase this property. Do not include the closing fee in your bid,
it will be due after the auction ends.
The property is sold in "as is" condition at the time of the sale. All information included in this listing has come from reliable
sources and is deemed to be accurate to the best of our knowledge. Seller does not make any warranties expressed or implied. We do
guarantee free and clear title with no liens or encumbrances, taxes are paid current.
Winning bidder MUST establish contact with the seller within 24 hours of the end of the auction, and provide the name and address
in which title is to be taken, along with a phone number. Payment must be made within 3 days from the end of the auction. At the
end of the auction the Buyer will pay $395.00 for closing costs, plus the bid amount of the down payment. There will be no
hidden charges.
Now is the time to own Real Estate! Good luck!
| Recent Neighborhood Sales |
| Address |
|
Date |
|
Sale Price |
| 332 Serenade Dr (map) |
|
October 2007 |
|
$20,000 |
| 225 Starlight Ave (map) |
|
April 2007 |
|
$17,400 |
| 208 Jack Weisser Blvd (map) |
|
August 2007 |
|
$19,000 |
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ABOUT HIGHLANDS COUNTY:
 Lake
Placid is a town in Highlands County, Florida, United States. The U.S. Census Bureau estimated the town's population as 1,818 on 1
July 2006. It is part of the Sebring Micropolitan Statistical Area, which had a 2006 estimated population of 97,987.
The town has two nicknames—"Town of Murals" and "The Caladium Capital of the World." Lake Placid has more than 40 murals painted on
buildings throughout the town, and 98 percent of the world's caladium bulbs come from Lake Placid.
History
Lake Placid was formerly called Lake Stearns, chartered on December 1, 1925. Dr. Melvil Dewey, the inventor of the Dewey Decimal
System, and the founder of the Lake Placid Club, proposed that Lake Stearns change its name to Lake Placid. On April 29, 1927 the
Lake Stearns Commissioners accepted Dr. Dewey's proposal to change the town's name from Lake Stearns to Lake Placid. Subsequently,
they submitted a request to the Florida State Legislature. On June 6, 1927 The Town of Lake Stearns was chartered as Lake Placid.
Geography
According to the United States Census Bureau, the town has a total area of 2.84 square miles. 2.57 square miles of it is land and
.27 square miles of it is water.
POPULAR LINKS:
http://www.highlands-county.com/ Highlands County Info Page
http://www.lpfla.com/events/caladium.htm Caladium Festival
http://www.hcbcc.net/ Highlands County County Commissioners
http://www.highlandscvb.com/ Highlands County Tourism Page
http://www.hcclerk.org/Links.aspx Highlands County Clerk of Courts
Highlands Hammock State Park
One of Florida´s oldest parks, opening to the public in 1931, this park was established when local citizens came together to
promote the hammock as a candidate for national park status. During the Great Depression, just prior to World War II, the Civilian
Conservation Corps (CCC) developed additional park facilities and the beginnings of a botanical garden. Many visitors enjoy
bicycling the scenic 3-mile loop drive or hiking along the park´s nine trails. An elevated boardwalk traverses an old-growth
cypress swamp. For equestrians, there is an 11-mile, day-use trail. Picnicking is another popular activity as are ranger-guided
tours of the park. Highlands Hammock offers a full-facility campground, as well as a youth/group tent campground. A full-service
restaurant is located on the park grounds. For schedule and catering information, call (863) 385-7025. A recreation hall is
available for rental, as are several picnic pavilions. A museum showcasing the history of the CCC is open 9:30 a.m. - 3:30 p.m.
Located on County Road 634, four miles west of Sebring.
http://www.floridastateparks.org/highlandshammock/default.cfm
Now is the time to own Real Estate! Good luck!
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