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119 Sunset Ter, Lake Placid, FL, 33852

6beds
4baths
4,022sqft
$1,299,900
$323price/sqft
$9,287/moest. monthly cost
$371,480/yrincome needed

About This Home

Live the vacation-resort lifestyle year-round! This exceptional lakefront retreat offers an outstanding rental history, generating over $100,000 a year in vacation rental income the past four years—making it an ideal investment, second home, or full-time residence. Beautifully appointed, this 6-bedroom, 4-bathroom home sits on just over one acre along the clear, sandy-bottom shores of Lake Placid. The three-story layout is designed to capture breathtaking lake views from every level. The gourmet kitchen is a chef’s dream, featuring granite countertops, abundant cabinetry, upgraded appliances, a gas stove, and a double wall oven. The living room with fireplace opens seamlessly to a massive, screened rear porch complete with an outdoor kitchen, all overlooking the updated composite dock and expansive lake views—perfect for entertaining or relaxing lakeside. The first floor includes two bedrooms and two bathrooms, while the second floor offers four additional bedrooms and two bathrooms. The primary suite boasts its own oversized screened balcony with spa, showcasing incredible panoramic lake views. The third floor features a 12 x 63 loft, currently used as a game room or seventh bedroom, providing flexible space for guests or recreation. Outside, the private front yard offers ample room to store boats, trailers, and toys, with plenty of space for kids and pets to run and play—or the opportunity to add a large shop or garage. This home is being sold fully furnished, making it truly turnkey and ready for immediate enjoyment or continued vacation rental income. This one-of-a-kind lakefront property truly must be seen to be appreciated.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

9/10
4/10
4/10
Lake Placid High SchoolGrades PK,9-122.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2004

Materials

  • Roof: Metal
  • Construction materials: Block,Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mid Rise
  • Property subType: Condominium,Single Family Residence

Interior

Bathroom1

  • Level: Main

Bathroom2

  • Level: Main

Bathroom3

  • Level: Second

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Level: Main

Features

  • Furnished
  • Flooring: Tile,Vinyl

Game Room

  • Level: Third

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,436
  • Total interior livable area: 4,022 sqft

Living Room

  • Level: Main

Porch

  • Level: Main

Primary Bathroom

  • Level: Second

Primary Bedroom

  • Level: Second

Property

Details

  • Parcel number: C08373002000100050
  • Zoning description: R1
  • Special condition: None

Features

  • Pool features: None
  • Patio & porch: Rear Porch,Front Porch,Open,Screened
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterbody name: Placid
  • Frontage type: Lakefront
  • Frontage length: 50

Lot

  • Lot size: 1.14 Acres

Parking

  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2