$579,999

707 Lake Clay Dr S Lake Placid, FL 33852

$6,887
Closing credit¹
3 beds
3 full
2,256 sqft
0.3 acres
$257 / sqft
House

Property details

About 707 Lake Clay Dr S

Stunning Turnkey Lakefront Home on Lake Clay – Income Potential & Breathtaking Views! Discover the perfect blend of luxury, comfort, and income potential with this completely updated, turnkey two-story lakefront home perched high on a hill overlooking the pristine waters of Lake Clay in Lake Placid, Florida. This beautifully maintained property features a main home on the first floor and a separate apartment on the lower level, offering versatility for multi-generational living, a guest retreat, or rental income. The main home on the first floor boasts unmatched lake views, allowing you to take in the beauty of Lake Clay, a 353-acre ridge lake known for its sandy bottom and ideal water activities. Inside, you’ll find two spacious living areas perfect for relaxation and entertaining. One of these living spaces is multifunctional, making it ideal as a living room, home office, or even overflow sleeping space for guests. The home includes two bedrooms and two bathrooms, with a mix of real wood and tile flooring throughout. An outdoor kitchen and entertaining space make lakeside dining and gatherings even more enjoyable. The lower-level apartment has its own private entrance and parking, making it ideal for guests or as a rental unit. It features one bedroom and one bathroom, a fully equipped kitchen, and a comfortable living room. Beautifully decorated with lake views, this space provides a peaceful and private retreat. Being a turnkey property, this home is move-in ready, whether for personal use or immediate rental income. Outdoor amenities make this property truly special. The elevated lot not only provides breathtaking lake views but also keeps the home out of a flood zone for added peace of mind. A private dock with two electric boat lifts is ready for all your water adventures. Please note that the floating dock does not convey with the home but may be negotiated separately. The property also includes a jacuzzi, which will convey with the home, along with two sheds. An outdoor fire pit adds to the charm, making it perfect for unwinding under the stars. With direct lake access, you can enjoy swimming, water skiing, fishing, and a variety of other water sports. Located in Lake Placid, one of Florida’s hidden gems, this home offers a peaceful small-town atmosphere while being just minutes from shopping and everyday conveniences. Plus, it is less than two hours from both coasts, making trips to the beach or city attractions a breeze. Whether you're looking for a turnkey lakefront retreat, a rental investment, or a full-time residence, this completely updated home is a must-see. Experience the best of lakefront living in Lake Placid, Florida. Schedule a private tour today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,256 sqft
Lot size0.34 Acres
Year built1962
ParkingCarport, Driveway, On Street
MLS #312965
FireplaceElectric
ViewLake

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile
  • Interior: Ceiling Fan(s), High Speed Internet
  • Fireplace: Electric
  • Total Bedroom Count: 3
  • Parking: Carport, Driveway, On Street
  • View: Lake
  • Architectural Style: TwoStory
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $579,999
  • Price/SqFt: $257
  • Annual Tax Amount: $6,032
  • Tax Year: 2023
  • Directions: From the Intersection of Hwy 27 and St Rd 70 heading North, turn right onto Lake Clay Dr., Home is on the left.
  • Year Built: 1962
  • Living Area: 2,256 SqFt
  • Lot Size: 0.34 Acres
  • MLS Number: 312965
  • MLS Name: HeartlandFL
  • Office Name: BHHS Florida Properties Group
  • Office Phone: (863) 402-5701
  • Office Email: clopez@bhhsflpg.net

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: 5/2/2025, 9:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring driveway, metal roof, and a front yard

$579,999

707 Lake Clay Dr S

$6,887

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 23, 2024
Home Sold
$103,000
Aug 09, 2019
Home Sold
$285,000

Tax history

YearAssessmentProperty Tax
2023$401,619$6,032
2022$355,687$5,560
2021$256,682$5,560

History based on county public records data.

Nearby schools

8

Lake Placid Elementary School

Public District PK-5

1.1 mi

101 Green Dragon Dr

6

Lake Country Elementary School

Public District PK-5

3.0 mi

516 County Road 29

5

Cracker Trail Elementary School

Public District PK-5

9.9 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 $38,967. Residents of Lake Placid, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

43%
<35k
53%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
13%
18-34 yrs old
36%
35-64 yrs old
35%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 707 Lake Clay Dr S

The listing price of 707 Lake Clay Dr S property is $579,999.

The property 707 Lake Clay Dr S is a house located in Lake Placid, Florida, 33852.

Active Listing: 707 Lake Clay Dr S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 707 Lake Clay Dr S are: Lake Placid Elementary School (GreatSchools Rating 8/10), Lake Country Elementary School (GreatSchools Rating 6/10), Cracker Trail Elementary School (GreatSchools Rating 5/10), Lake Placid Middle School (GreatSchools Rating 4/10), Sebring Middle School (GreatSchools Rating 5/10), Hill Gustat 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 $6,032 (source: MLS/based on county public records data).

The last sale was on July 23, 2024 for $103,000 (source: MLS/tax record).

The property at 707 Lake Clay Dr S has 3 bedrooms and 3 bathrooms.

The property 707 Lake Clay Dr S is 2,256 SqFt (source: MLS/tax record).

The year of construction for 707 Lake Clay Dr S is 1962.

This home is located at 707 Lake Clay Dr S in Lake Placid, FL and zip code 33852. This 2,256 square foot home, which was built in 1962, sits on a 0.34 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $579,999.

Lake Placid, FL housing market in April 2025 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 22 sold below. Between March and April 2025, Lake Placid, FL real estate market has seen decrease in the number of listings by 0.3%. Listings spent 77 days on the market in April 2025, and had a median list price of $275,000 during the same period.

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

More resources