573 Vanguard Avenue NW

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Address: 573 Vanguard Ave NW, Lake Placid, FL 33852, USA
Florida & Gulf Coast + Apartment Buildings
Created date: May 1, 2026
Date last updated: September 14, 2026
Price: $249,500Investment Analyzer NEW!

Property Description

Duplex Investment Opportunity in Growing Lake Placid - 2 Units, Strong Income Potential! Don't miss this opportunity to own a maintained duplex featuring two 2-bedroom, 1-bathroom units in the desirable Placid Lakes community of Lake Placid, FL. This property offers the perfect blend of affordability, income potential, and future growth, making it ideal for both seasoned investors and those just getting started. Each unit features: 2 spacious bedrooms & 1 full bathroom Functional layouts ideal for long-term tenants Strong rental demand in a growing area Located in the heart of Lake Placid, a community experiencing continued growth and revitalization, including improvements to its downtown Main Street district with new shops, dining, and local attractions. Investment Highlights: Two income-producing units at an affordable price Consistent rental income Low operating expenses Opportunity to increase rents over time Whether you're looking to expand your portfolio, generate passive income, or house hack, this duplex is a smart move. Own TWO doors for under $250K - opportunities like this are rare! Ask about additional duplex available on the same street; great opportunity for investors looking to scale! Address for both doors: 573-577 Vanguard Ave NW. Lake Placid, FL 33852/ Photos shown are only of 577 Vanguard Ave. NW

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $249,500
Year Built: 2006
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 573 Vanguard Avenue NW, Lake Placid, FL 33852, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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