Luxury home — 1027 Freehill Avenue · Highlands Park Est Sec P · Lake Placid
$10,990
1027 Freehill Avenue, Lake Placid, FL 33071
Lake Placid, FL, 33071
Listed by La Rosa Realty LLC
1027 Freehill Avenue, Lake Placid, FL 33071
Listed by La Rosa Realty LLC
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Cash to close
1027 Freehill Avenue, Lake Placid, FL 33071
Estimated cash to close est.
Not provided
Enter a purchase price, valid down payment and county — or .
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $8,792.00Conforming loan
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
Not provided
Enter a purchase price, valid down payment and county — or .
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesOwner financing available! Owner will finance with $2500 down and 30 monthly payments of $313.18. No credit check. Here is your chance to own an oversized lot (0.26 acres) in a growing community. Lots of new construction in the area. Power lines directly in front of the property, located just off a paved road.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
344 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
1027 Freehill Avenue, Lake Placid, FL 33071 · Lake Placid
Location
1027 Freehill Avenue, Lake Placid, FL 33071
What buyers ask about this home
What are the estimated monthly carrying costs at 1027 Freehill Avenue, Lake Placid, FL 33071?+
Property tax (after sale): $13/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1027 Freehill Avenue, Lake Placid, FL 33071?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1027 Freehill Avenue, Lake Placid, FL 33071 need flood insurance, and what drives the premium?+
Most of Lake Placid sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1027 Freehill Avenue, Lake Placid, FL 33071?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1027 Freehill Avenue, Lake Placid, FL 33071?+
This listing has been on the market 344 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Lake Placid, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Zimmerman School House Dba Lion Star Academy
Pre-K & Kindergarten · Private · Grades 3–12 · Coral Springs
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
Interested in this property?
$10,990 · MLS A11918767
$10,990
1027 Freehill Avenue