Lake Placid, FL Land for Sale: 0.23 Acres with Owner Financing Available

If you are looking for a small Highlands County lot with a low entry price, this parcel puts the core land-buyer questions right up front: zoning, access, utilities, and total development cost.

The property is LandCentury LC26158, parcel C-21-36-29-070-1170-0160, at 3107 Cedar Hill Ave in Lake Placid, Florida. It is listed as 0.23 acres, about 10,018.8 square feet, with a $9,900 cash price or a $14,500 owner-finance price.

The listing shows R1 zoning, dirt-road access, and utilities described as well needed, septic needed, and electric at the road. Those are listing facts, not final approvals; permitted use, legal access, flood status, and utility costs should be verified with official sources before closing.

Listing image supplied for the 0.23-acre vacant parcel at 3107 Cedar Hill Ave in Lake Placid, Florida.

Property snapshot for LC26158

Here is what the listing data says about this exact Lake Placid parcel, plus why each detail matters for a buyer evaluating next steps.

Lake Placid and Highlands County setting

This is a vacant land parcel in Lake Placid, within Highlands County, Florida. The useful local context for a buyer is not scenery; it is which public offices can confirm zoning, permits, property records, and whether the land can support the intended use.

Highlands County provides planning and zoning resources, a property appraiser search, and permit-related pathways. The Town of Lake Placid also publishes planning and zoning permitting information for parcels under its jurisdiction, so buyers should confirm which approval steps apply to this exact address before relying on any general assumption.

Utility planning deserves special attention here. The listing states well needed and septic needed, with electric at the road. Lake Placid-area utility service can vary by street and jurisdiction, so a buyer should verify whether public water or wastewater is available to this parcel or whether private well and septic are the practical path.

Additional listing image for the Cedar Hill Ave parcel; buyers should verify site conditions in person or through local records.

Potential uses, if the approvals check out

The best fit for this lot is a buyer who wants a small residential parcel and is willing to verify the details before treating it as ready to use. The listing categories point toward residential and mobile-home or RV buyer interest, but permitted use depends on current zoning rules, subdivision restrictions, access, utilities, and permits.

Because the property is vacant and utilities are not shown as installed, the real decision is not just whether the purchase price works. A buyer should price the entire path: legal access, road maintenance, site work, well, septic, electric extension, drainage, permit review, and any required surveys or engineered plans.

• Future single-family homesite, only if R1 rules, setbacks, lot coverage, access, septic feasibility, flood status, and building permits allow it.
• Manufactured or mobile-home use, only if local zoning, recorded restrictions, utility requirements, and permitting rules specifically allow that use on this parcel.
• RV storage, temporary use, or recreational use, only after confirming local rules for occupancy, sanitation, time limits, and whether an RV can be placed on the lot at all.
• Long-term land hold for a buyer comfortable with taxes, maintenance, code compliance, and the possibility that development costs may exceed the purchase price.
• Buyer who wants owner financing and can review the contract terms carefully, including deed transfer timing and default provisions.

Due diligence checklist before you buy

Use this checklist to separate what the listing says from what must be confirmed for this exact parcel. Small vacant lots can be straightforward purchases, but only when access, zoning, utilities, title, and environmental conditions are checked in advance.

Cash price and owner-financing notes

The listing shows a $9,900 cash price and a $14,500 owner-finance price. The stated owner-financing structure includes a $3,000 down payment, 10% APR, and a $249 processing and origination fee that is separate from the financed amount and monthly payments.

The listed financed amount is $11,500 after the down payment. Stated payment options are $244.34 per month for 60 months, $190.91 per month for 84 months, or $151.97 per month for 120 months, with payments described as principal and interest at 10% APR.

Owner financing can make a land purchase more accessible, but it should be evaluated like any legal contract. The listing states contract for deed with deed transfer after final payment, so buyers should understand how title, default, payoff, taxes, and possession rights are handled in writing.

• Is the $249 processing and origination fee due at signing, and are there any other closing or document fees?
• Who is responsible for property taxes, assessments, maintenance, and code compliance during the financing term?
• Are there late fees, default cure periods, prepayment rights, or early payoff discounts?
• When exactly is the warranty deed transferred, and what document is recorded during the contract period?
• Can the buyer inspect, survey, or apply for permits before making payments or closing?

How to compare this lot with other Florida land

Do not compare this parcel only by the purchase price per acre. For a small vacant residential lot, the better comparison is total usable cost: purchase price, title, taxes, road access, clearing, driveway, electric connection, well, septic, permits, surveys, and any engineering needed for drainage or flood compliance.

This lot may appeal to buyers looking for Lake Placid FL land for sale with owner financing and clear parcel identifiers. It may be less attractive to a buyer who needs installed utilities, paved access, confirmed build approval, or a turnkey homesite.

When comparing other Highlands County vacant land, ask the same questions every time: What is the parcel number? What zoning is shown? What use is actually allowed? Is access legal and maintained? Are utilities installed or merely nearby? What official records support the listing details?

Questions buyers may ask about this property and area

Bottom line for this Lake Placid land listing

This is a clearly identified small vacant lot in Lake Placid with a low listed cash price, owner financing, R1 zoning shown, and enough parcel detail to begin serious due diligence. For buyers who want an affordable entry point into Highlands County land, those are useful positives.

The main caution is that the property should not be treated as ready to build or occupy based on listing categories alone. Well, septic, electric service, dirt-road access, zoning approval, flood status, and recorded restrictions all need to be confirmed before a buyer commits to a plan.

If the parcel record checks out and the intended use is permitted, LC26158 may fit a buyer who is comfortable doing the groundwork that vacant land requires. If you need installed utilities, paved access, or guaranteed build approval, verify those points first or compare other parcels before moving forward.