$199,200

508 Chelsee Way Lake Placid, FL 33852

$2,366
Closing credit¹
2 beds
2 full
1,016 sqft
$196 / sqft
House

Property details

About 508 Chelsee Way

As close as you can get to ISLAND LIVING...bring your boat and fishing gear as you can moor your boat in the boat slips just steps from your lakefront villa. When you are not fishing or cruising the 514 acre freshwater lake (Lake Grassy) you can enjoy the other community amenities of this Planned Unit Development (heated pool, clubhouse with various social activities, shuffleboard, kayaks, a community tool building where owners can "borrow" tools, ladders, shop vacs, etc. so no need to buy and store these items in your own home). Your home has cathedral ceilings, lovely furniture and furnishings and beautiful views of the lake. The bright kitchen has many pull out drawers and the refrigerator and dishwasher are 2 years new with a brand new microwave. The toilets and AC are only 2 years old. DeeAnn LakeFront Estates is NOT a Condo Association. There are Deed Restrictions and reasonable HOA fees. That is why the community maintains is lovely condition and there is pride of ownership. The roads are concrete, there is assigned parking with plenty of guest parking, a boat ramp and a Gated Entry. Boat slips are $10 per month based upon availability. Each villa is on central water and sewer. Lake Placid Florida is located in South Central Florida... one hour to either coast of Florida..... this home will have you believing you are living at an Island Resort. Come and see this home today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,016 sqft
Year built1992
ParkingAssigned, Detached
MLS #313183
ViewLake

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Ceiling Fan(s), High Speed Internet
  • Total Bedroom Count: 2
  • Parking: Assigned, Detached
  • View: Lake
  • Architectural Style: SeeRemarks
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $199,200
  • Price/SqFt: $196
  • HOA Amount: $2156 Semi-Annually
  • Annual Tax Amount: $1,605
  • Tax Year: 2023
  • Directions: US 27 S in Lake Placid to Left on Stephen Drive. Left onto Chelsee Way to Building 5 Unit 508.
  • Year Built: 1992
  • Living Area: 1,016 SqFt
  • MLS Number: 313183
  • MLS Name: HeartlandFL
  • Office Name: COMPTON REALTY
  • Office Phone: (863) 465-4158
  • Office Email: kristy.comptonrealty@gmail.com

Broker Reciprocity The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Heartland Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 3:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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508 Chelsee Way, Lake Placid, FL 33852 - view of building exterior featuring stairway

$199,200

508 Chelsee Way

$2,366

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$132,226$1,605
2022$111,276$1,418
2021$85,390$1,418
2019$67,885$1,062
2017$64,007$1,006

History based on county public records data.

Nearby schools

6

Lake Country Elementary School

Public District PK-5

1.9 mi

516 County Road 29

8

Lake Placid Elementary School

Public District PK-5

4.4 mi

101 Green Dragon Dr

5

Cracker Trail Elementary School

Public District PK-5

14.3 mi

8200 Sparta Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,272. Typical income of Lake Placid, FL residents is less than $<35k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

48%
<35k
45%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
2%
Single, with Kids
54%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
4%
18-34 yrs old
32%
35-64 yrs old
57%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • ApplebeesApplebees
  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • CadillacCadillac
  • OldsmobileOldsmobile
  • GMCGMC

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 508 Chelsee Way

The listing price of 508 Chelsee Way property is $199,200.

The property 508 Chelsee Way is a house located in Lake Placid, Florida, 33852.

Active Listing: 508 Chelsee Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 508 Chelsee Way are: Lake Country Elementary School (GreatSchools Rating 6/10), Lake Placid Elementary School (GreatSchools Rating 8/10), Cracker Trail Elementary School (GreatSchools Rating 5/10), Lake Placid Middle School (GreatSchools Rating 4/10), Pemayetv Emahakv Charter Our Way School (GreatSchools Rating 8/10), Sebring Middle School (GreatSchools Rating 5/10), Lake Placid High School (GreatSchools Rating 4/10), The Academy at Youth Care Lane (GreatSchools Rating 1/10), Sebring High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $1,605 (source: MLS/based on county public records data).

The property at 508 Chelsee Way has 2 bedrooms and 2 bathrooms.

The property 508 Chelsee Way is 1,016 SqFt (source: MLS/tax record).

The year of construction for 508 Chelsee Way is 1992.

This home is located at 508 Chelsee Way in Lake Placid, FL and zip code 33852. This 1,016 square foot home was built in 1992. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $199,200.

Lake Placid, FL housing market in May 2025 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 37 sold below. In May 2025 in Lake Placid, FL there were 8.8% more homes for sale than in April. The median list price of listings available in May 2025 was $275,000, while the average time on the real estate market was 108 days.

From Rocket Homes Real Estate and based on county public records data.

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