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3232 Lagoon Ln, Avon Park, FL, 33825

1beds
2baths
493sqft
$169,900
$345price/sqft
$1,401/moest. monthly cost
$56,040/yrincome needed

About This Home

This is an excellent opportunity to acquire a lakefront property on Little Red Water Lake, conveniently located near Sebring and Avon Park. The 0.27-acre lot is positioned at the end of a quiet dead-end street and features direct lake access. Included with the property is a 257-foot dock equipped with a covered patio, boat slip, and utilities such as electricity and water. The one-bedroom bungalow offers a full bathroom and a half bath, with a living room that provides views of the lake. The offering is fully furnished, notably including a 2023 Keystone Cougar Half Ton fifth-wheel with accommodations for up to ten people. This property presents attractive potential for investment as a rental or Airbnb, or it may serve as a private weekend retreat for personal enjoyment.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
4/10
Hill-Gustat Middle SchoolGrades 6-103.4 mi
4/10
Avon Park High SchoolGrades PK,9-123.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1966

Materials

  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Water Heater,Oven,Range,Refrigerator,Washer

Bathroom1

  • Level: Main

Bathroom2

  • Level: Main

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Window features: Casement Window(s)
  • Flooring: Laminate,Simulated Wood

Foyer

  • Level: Main

Heating & Cooling

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

Interior Area

  • Total structure area: 525
  • Total interior livable area: 493 sqft

Kitchen

  • Level: Main

Property

Details

  • Parcel number: C12342806000000180
  • Zoning description: M1S
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Front Porch,Open
  • Exterior features: Dock
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterbody name: L. Redwater
  • Frontage type: Lakefront

Lot

  • Lot size: 4,791 sqft

Parking

  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Lightning
Hurricane
Tornado

FEMA Declared Disasters in Highlands County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$161$1,932
Property Taxes $184$2,208
Electricity $197$2,366
Total$1,401$16,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,034/yr
40% on housing$42,030/yr
45% on housing$37,360/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$345This listing

vs Other Active Listings

Avg $/sqft

ZIP 33825$100
Highlands County$121

vs Homes Sold Last Month

Median $/sqft

ZIP 33825$146
Highlands County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Price change$179,900
2026-03-13Price change$189,900
2026-02-24Price change$199,900
2026-02-02Price change$217,900
2025-12-06Listed for sale$227,900
2016-01-20Sold$43,500
2014-12-31Price change$59,900
2013-06-16Listed for sale$64,900
2010-07-01Sold$60,000
2010-05-19Listed for sale$69,500
2010-03-26Listing removed$69,500
2010-02-24Listed for sale$69,500
2009-09-12Listing removed$97,000
2009-01-13Listed for sale$97,000
2008-05-17Listing removed$139,000
2008-04-17Listed for sale$139,000
2004-08-03Sold$65,000

For Sale by Agent

AgentNoey Flores
BrokerageA.R.E.A. Real Estate Services

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