Real Estate Investing in Lake Placid, Florida (33852)
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Should you buy in 33852 (Lake Placid, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 28.5% of homes vacant — above national norms.
What’s happening in Lake Placid, FL (33852)?
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Market Analysis: 33852 Lake Placid
The 33852 ZIP covers a section of Lake Placid that demands careful diligence. Prices near $240K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 33852 can be a a solid fit for hunting ground — but the discount at $240K reflects genuine risk that outside investors often underestimate.
In the broader FL picture, 33852 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 33852 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. healthy returns are possible in 33852, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lake Placid:
Property Strategy for 33852
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $95,257 | $1,120 | 8.5% | +6.6% | $95,257 |
| 2BR | $211,887 | $1,410 | 4.8% | +9.3% | $105,943 |
| 3BR | $298,733 | $1,710 | 4.1% | +9.2% | $99,578 |
| 4BR | $464,020 | $2,240 | 3.5% | +9.3% | $116,005 |
| 5BR | $707,265 | — | — | +9.2% | $141,453 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33852 Compare?
| Metric | 33852 | Lake Placid | Sebring-Avon Park, FL | Florida |
|---|---|---|---|---|
| Home Value | $239,681 | $239,681 | N/A | $374,697 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 7.4% |
| Avg Rent | $1,452 | $1,452 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33852 (Lake Placid, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $239,681 |
| Monthly Rent | $1,452 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | -0.8% ▼ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33852
Population: 21,630
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33852
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Lake Placid, FL a good place for real estate investing?
Lake Placid, FL sits at an investability rating of 3.0/5, with median home values near $240K and average rents around $1,452/mo. That combination puts it in the impressive tier for investor interest.
What is the average monthly rent in Lake Placid, FL?
Expect rents around $1,452/mo per month in Lake Placid, FL. With home values at $240K, the yield math works out to reasonable levels for rental investors.
How landlord-friendly is Lake Placid, FL?
Landlord-friendliness in Lake Placid, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Does house hacking work in Lake Placid, FL?
House hacking works a challenging in Lake Placid, FL. Rents of $1,452/mo against $240K acquisition make the strategy solid for owner-occupants.
What is the typical vacancy rate in Lake Placid, FL?
Occupancy in Lake Placid, FL runs steady with elevated vacancy. Well-priced units at $1,452/mo lease on reasonable timelines.
You know 33852 now. You don’t know where it ranks.
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How 33852 ranks in Sebring-Avon Park, FL
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