Highway Park 2nd Add Homes for Sale

Highway Park 2nd Add is a residential community in Lake Placid, Florida.

Pure Equity Realty covers Highway Park 2nd Add and the Lake Placid area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Highway Park 2nd Add Lake Placid homes for sale as of September 2026. The median asking price is $149,000.

That is 59% below the Lake Placid median of $360,000. On a per-foot basis, homes here ask about $136 per square foot, compared with $228 across Lake Placid. So the median price buys roughly 1,100 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 71 days on the market. That is faster than the Lake Placid average of 158 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Highway Park 2nd Add date from 1963, so they are about 63 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Highway Park 2nd Add price means in Florida closing terms. At $149,000, a 20% down payment comes to about $30,000, leaving a loan near $119,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $417. Next, the intangible tax of 0.2% adds about $238. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Highway Park 2nd Add median, that is about $1,043.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.