Placid Lakes Homes for Sale

Placid Lakes is a community in Lake Placid, Highlands County, Florida. Active listings are priced from $248,000 to $339,000. Homes were built between 1975 and 1995. Pure Equity lists homes in Placid Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Placid Lakes 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 23 Placid Lakes Lake Placid homes for sale as of October 2026. The median asking price is $320,000. Asking prices run from $281,000 to $360,000.

That is 11% below the Lake Placid median of $360,000. On a per-foot basis, homes here ask about $170 per square foot, compared with $228 across Lake Placid. So the median price buys roughly 1,900 square feet of living area.

Listings here have averaged 256 days on the market. That is slower than the Lake Placid average of 158 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Placid Lakes date from 1975 to 1995. That puts them between 31 and 51 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 Placid Lakes price means in Florida closing terms. At $320,000, a 20% down payment comes to about $64,000, leaving a loan near $256,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $897. Next, the intangible tax of 0.2% adds about $513. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Placid Lakes median, that is about $2,243.

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.