1154 Macarthur Street

Lake Placid, FL 33852

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,104 Sqft
  • 0.26
    Acre(Lot)
$199,900

Description

Open house this saturday 11 am to noon!only five years old, but this home has been a rental, so it will need someone willing to put in a little work to make it truly special. once that work is done, you should have a solid amount of equity.

with the items below, you’ll see that with just a bit of research, many of these improvements can be done yourself (if you’d like). or, have a team that can take care of everything for you. priced well below market value, and with the needed repairs being a fraction of that discount — this a great option for someone looking for a deal.

here’s what i see that it needs:
• paint, inside and out
• new interior doors (they’re the typical hollow-core type and have been used hard as a rental)
• i’d personally replace the bathroom vanities — you can find affordable options that include the countertop and faucet
• some grout work in the living room
• toilet lids could be replaced
• there’s some orange staining in the tubs — likely from iron in the water. possibly getting an iron filter or contacting a water filtration company for a recommendation. renting a system may run about $40/month.
• it looks like the washer leaked near the wall drain at one point — there’s a small area with drywall mold, but it’s limited. just cut it out, treat it, and patch it back up.

now back to the home itself — it’s the perfect setup:
• 3 bedrooms, 2 baths
• split floor plan for added privacy
• spacious primary bedroom with attached ensuite
• situated on a 150’ deep lot offering plenty of outdoor space — no rear or front neighbors!
• across the street is a large sand hill, which is actually pretty cool
• i’ve spoken with some neighbors and the previous tenant — they all mentioned how quiet the street is, with very little car traffic. it’s ideal for dog walking and biking.
• close to the istokpoga boat ramp for fishing and water activities. the ramp is well-maintained and located in a beautiful park. the lake itself is massive — over 43,000 acres — and known for some of the best bass, bluegill, crappie, and catfish fishing in florida.

another perk of highlands park estates (the neighborhood):
• no hoa
• no restrictions on keeping an rv/boat, planting what you like, or choosing your home’s exterior color.
• outside of general county guidelines, you have the freedom to make this property your own.

  • Property Type

    Residential
  • Subdivision

    Highlands Park
  • County

    Highlands
  • Style

    Residential
  • AD ID

    50378676

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BuyOwner last updated this listing 07/21/2025 @ 13:35

  • MLS: 316191
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: HLAND

is a Home, with 3 bedrooms which is for sale, it has 1,104 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.