2 Bed Waterfront Home for Sale in Lake Placid
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For SaleMLS# 2026028339

$139,900

2 Bed Waterfront Home for Sale in Lake Placid

16 W Palm Circle, Lake Placid, FL, 33852

2 beds1 baths1,008 sqft
GatedBoatingWaterfront

About this home

Fully Furnished Waterfront Home on Lake Grassy! Don't miss this rare opportunity to own a turn-key waterfront retreat in the highly sought-after Lake Placid area. Whether you're looking for a full-time residence, weekend escape, or investment property, this charming 2-bedroom, 1-bath home offers the perfect blend of comfort, convenience, and Florida lakefront living. Bring your boats, Jet Skis, fishing poles, and sense of adventure, and start enjoying everything this exceptional property has to offer. Nestled along a peaceful lagoon with direct canal access to beautiful Lake Grassy, this home is perfectly positioned for boating, fishing, kayaking, or simply relaxing while taking in the tranquil waterfront views. Inside, you'll find a spacious living area filled with natural light, featuring sliding glass doors that create a seamless connection between indoor and outdoor living. The generously sized primary bedroom offers a walk-in closet along with built-in cabinetry that provides an abundance of storage. The bathroom is thoughtfully designed with dual vanities and a walk-in shower for added comfort and convenience. The kitchen overlooks the lagoon, making meal preparation a pleasure while enjoying the scenic water views. A convenient pass-through opens to the living area, while the adjacent dining space creates an inviting setting for everyday living and entertaining family and friends. The screened in front porch area creates great outdoor space to enjoy your next BBQ, and includes washer & dryer hookups. Step outside and experience everything waterfront living has to offer. The sale includes two floating Jet Ski docks and a floating boat dock, making it easy to launch your next day on the water. Additional exterior features include a screened-in front porch, a rear patio overlooking the lagoon, extra storage on the back side of the home, ample parking, and an additional area directly across from the home that is perfect for storing trailers, boats, or recreational vehicles. Additional highlights include central air conditioning, portable A/C units in each bedroom and the addition/living area for enhanced comfort, and an incredibly affordable HOA fee of just $105 per quarter, which includes community water service. Located in a welcoming waterfront community, you'll enjoy being just a short drive from downtown Lake Placid, Lake Istokpoga, Sebring, and world-renowned Lake Okeechobee, offering endless opportunities for recreation, dining, shopping, and some of Florida's best freshwater fishing. This home is truly move-in ready—simply grab your toothbrush, pack your clothes, and start enjoying the Florida waterfront lifestyle you've been dreaming of. Schedule your private showing today before this exceptional opportunity is gone!

Property details

Type
ManufacturedHome
Year built
1973
Interior
1,008 sqft
Lot size
6,098.4 sqft
Acreage
0.14 acres
Garage
None
Days on market
3
Total association fees
$420/yr (~$35/mo)
CDD
None
Est. taxes (1.4%)
$1,959/yr
Flood zone (area est.)
Not available
Storm protection
Shutters
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Highlands

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

IrrigationWaterWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BoatRamp
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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Market trends, Lake Placid

Median list
$275,000
Median $/sqft
$190
Median sold (90d)
$225,250
Avg days on market
26
Active listings
5
Median sold price · Lake Placid
$225,250last 3 monthsnot enough sold data to compare

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Shutters
Consider
  • Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceLow
Hospital
48.1 mi
Lehigh Regional Medical Center
Beach
67.8 mi
Fort Myers Beach
Airport
46.8 mi
Punta Gorda Airport
Shopping
56.5 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.