16 W PALM CIRCLE, LAKE PLACID, FL, 33852
Active16 days on marketListed Jul 8, 2026MLS #A4699199
About this home
16 W PALM CIRCLE
Fully Furnished Waterfront Home on Lake Grassy! Don't miss this rare opportunity to own a turn-key waterfront retreat in the highly sought-after Lake Placid area. Whether you're looking for a full-time residence, weekend escape, or investment property, this charming 2-bedroom, 1-bath home offers the perfect blend of comfort, convenience, and Florida lakefront living. Bring your boats, Jet Skis, fishing poles, and sense of adventure, and start enjoying everything this exceptional property has to offer. Nestled along a peaceful lagoon with direct canal access to beautiful Lake Grassy, this home is perfectly positioned for boating, fishing, kayaking, or simply relaxing while taking in the tranquil waterfront views. Inside, you'll find a spacious living area filled with natural light, featuring sliding glass doors that create a seamless connection between indoor and outdoor living. The generously sized primary bedroom offers a walk-in closet along with built-in cabinetry that provides an abundance of storage. The bathroom is thoughtfully designed with dual vanities and a walk-in shower for added comfort and convenience. The kitchen overlooks the lagoon, making meal preparation a pleasure while enjoying the scenic water views. A convenient pass-through opens to the living area, while the adjacent dining space creates an inviting setting for everyday living and entertaining family and friends. Step outside and experience everything waterfront living has to offer. The sale includes two floating Jet Ski docks and a floating boat dock, making it easy to launch your next day on the water. Additional exterior features include a screened-in front porch, a rear patio overlooking the lagoon, extra storage on the back side of the home, ample parking, and an additional area directly across from the home that is perfect for storing trailers, boats, or recreational vehicles. Additional highlights include central air conditioning, portable A/C units in each bedroom and the addition/living area for enhanced comfort, and an incredibly affordable HOA fee of just $105 per quarter, which includes community water service. Located in a welcoming waterfront community, you'll enjoy being just a short drive from downtown Lake Placid, Lake Istokpoga, Sebring, and world-renowned Lake Okeechobee, offering endless opportunities for recreation, dining, shopping, and some of Florida's best freshwater fishing. This home is truly move-in ready—simply grab your toothbrush, pack your clothes, and start enjoying the Florida waterfront lifestyle you've been dreaming of. Schedule your private showing today before this exceptional opportunity is gone!
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
1,008
Sqft
0.14 ac
Lot size
1973
Year built
One
Levels
$139
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,192 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,192/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lake Placid actives
$139 vs $199
Days on market
16 vs 73 typical
Where $139/sqft sits among the 62 Lake Placid actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Placid
Get to know Lake Placid. See the full Lake Placid guide →
LAKE PLACID 33852 — neighborhood snapshot
Population
21,630
Median age
54.8
Median income
$54,841
Median home value
$205,800
Avg household
2.16
Households w/ children
1,979
For the school run
Highlands County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Placid market
$315K → $335K
Lake Placid median sold, yr/yr
94.8%
Sale-to-list ratio (12 mo)
24 of 62
Lake Placid actives have cut their price
Median sold price, Lake Placid, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 774% above the LAKE PLACID 33852 median. See the full Lake Placid market guide →
Paper trail
This home's history
Reality check
What actually sold near 16 W PALM CIRCLE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’25$146,000
9910 NW 37TH COURT · same community
3 bd · 2 ba · 960 sqft · $152/sqft · 254 DOM
Sold · Aug ’25$200,000
5442 S GLENN ACRES TERRACE · same community
4 bd · 2 ba · 1,344 sqft · $149/sqft · 340 DOM
Sold · Jan ’26$130,000
24699 NE 174TH TERRACE · same community
3 bd · 2 ba · 1,440 sqft · $90/sqft · 38 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 16 W PALM CIRCLE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16 W PALM CIRCLE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
16 W PALM CIRCLE FAQs
What would the monthly payment be for 16 W PALM CIRCLE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,192/mo — principal and interest, the actual property-tax bill, the $35/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 16 W PALM CIRCLE?+
The association fee works out to $35 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 16 W PALM CIRCLE?+
The most recent tax bill on record (2025) was $1,338. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 16 W PALM CIRCLE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Placid?+
At $139,900, this home is listed about 50% below the Lake Placid median of $279,000. The market section on this page shows how the area is trending.
Which schools are assigned to 16 W PALM CIRCLE?+
Lake Placid Middle School (middle), Lake Placid High School (high), Lake Placid Elementary School (elementary) — Highlands County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$139,900 runs 774% above the LAKE PLACID 33852 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Lake Placid Middle School, Lake Placid High School, Lake Placid Elementary School — Lake Placid Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of ICONNECT RE · Matthew McCutcheon, Pa. MLS #A4699199.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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