513 Serenade Terrace, Lake Placid, FL, 33852
About This Home
Charming and thoughtfully maintained 2-bedroom, 2-bath home offering a rare three-lot property that creates an expansive L-shaped yard, providing exceptional space, privacy, and flexibility. The enclosed garage adds valuable living space and functions perfectly as a large home office or potential third bedroom. Inside, enjoy a bright, open living concept with abundant natural light, large windows, and a comfortable, inviting flow ideal for everyday living and entertaining. Updated bathrooms add a modern touch, while the covered porch and mature trees enhance the peaceful country feel. Generous outdoor space offers room to relax, garden, or expand. Conveniently located near town, shopping, lakes, and parks. Move-in ready and truly one of a kind.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1984
Materials
- Roof: Composition,Shingle
- Construction materials: Frame,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Refrigerator
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Built-in Features,Cathedral Ceiling(s),Multiple Primary Suites,Vaulted Ceiling(s),Walk-In Closet(s)
- Flooring: Carpet,Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,688
- Total interior livable area: 1,136 sqft
Property
Details
- Parcel number: C22373015014400110
- Zoning: R1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Balcony
- Exterior features: Balcony,Lighting,Outdoor Living Area
- Waterfront features: None
Lot
- Lot size: 10,000 sqft
- Features: Fruit Trees,< 1/4 Acre
- Lot size dimensions: 80.0 ft x 125.0 ft
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
- Cold Wave
- Hurricane
- Lightning
- Drought
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Highlands County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance * | $259 | $3,108 |
| Property Taxes | $278 | $3,336 |
| Electricity | $197 | $2,366 |
| Total | $2,245 | $26,940 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-06 | Price change | $299,000 |
| 2025-12-25 | Price change | $295,000 |
| 2025-11-03 | Listed for sale | $285,000 |
| 2025-07-10 | Listing removed | $270,000 |
| 2025-06-03 | Listed for sale | $270,000 |
| 2017-08-02 | Sold | $103,000 |
| 2011-08-12 | Sold | $59,000 |
| 2011-04-13 | Listed for sale | $68,000 |
| 2003-02-27 | Sold | $67,900 |
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