Lake Placid, FL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Lake Placid short-term rental market based on reliable data.
Listings
148 / 409
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$29,868
Middle-Earners Revenue
Occupancy
51%
Middle-Earners Occupancy
Home Value
$235,745
Median Home Sale Price
Top Earners
$61,507
Top-Earners Revenue
Lake Placid
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Lake Placid.
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Very Investor friendly
Lake Placid Regulations
STRs are explicitly permitted citywide in Lake Placid and governed solely by state requirements—no city or county caps, bans, or heavy permits. Licensing is routine (DBPR + taxes), with a supportive tone and low local compliance burden; the primary risk is HOA restrictions.
Local STR Agent
STR specialist · Lake Placid, FL
About Lake Placid
Lake Placid is a town in Highlands County, Florida, United States. It is part of the Sebring Metropolitan Statistical Area. As of the 2020 census, the population was 2,360. The town has two nicknames: "Town of Murals" and "Caladium Capital of the World". Lake Placid has 47 murals painted on buildings throughout the town, and 98 percent of the world's caladium bulbs come from Lake Placid. There are 14 caladium farms, spanning 1,200 acres, and these plants have been grown in the area since the 1940s. In 2013, Reader's Digest named Lake Placid America's Most Interesting Town.The town is home to the Lake Placid Tower, a closed concrete block observation tower that is 240 feet (73 m) tall according to early sources or 270 feet (82 m) tall according to late sources. However, government sources exclude a 270-foot height, allowing only a 240-foot height.