Exceptional Lake Placid Property with Independent Studio & Future Potential Rare opportunity in Lake Placid! This versatile property offers the flexibility of a spacious 3-bedroom, 2-bath main home PLUS an adjacent independent studio apartment and a detached approximately 600 sq. ft. two-car garage. Located in the established Temple Terrace subdivision near Tomoka Heights, this property is ideally positioned near Highway 27 and the American Legion and just approximately 3-4 blocks from Lake Henry, with access to Lake June. The main residence features an inviting open-concept living area designed for comfortable family living and entertaining. Two of the three bedrooms are generously sized, providing plenty of room for family members, guests, home offices, or flexible-use spaces. The home also includes a separate laundry room with washer and dryer for added convenience. A standout feature is the adjacent, independently accessed studio apartment. Complete with its own full kitchen, full bathroom, separate entrance, and private laundry with washer and dryer, the studio offers exceptional flexibility. It is ideal for multigenerational living, an adult child, extended family, long-term guests, or anyone who would benefit from a private living space while remaining close to the main home. Its independent design provides privacy that is difficult to find in a conventional single-family property. The detached 600 sq. ft. two-car garage adds even more value and versatility. In addition to vehicle parking, it provides substantial space for storage, tools, hobbies, a workshop, recreational equipment, or other uses. According to information provided regarding the Highlands County Building Department, the garage may have potential for conversion into a legal guest cottage or in-law quarters when the property is owner occupied, subject to zoning, permitting, building codes, utility requirements, and all applicable approvals. Buyers should verify current requirements and feasibility directly with Highlands County. Location is a major plus. The property is conveniently situated near Highway 27, providing easy access to shopping, dining, services, and surrounding communities, while remaining in an established residential neighborhood. For those who enjoy the outdoors, being only a few blocks from Lake Henry offers convenient access to the area's freshwater lifestyle, including fishing, boating, kayaking, paddleboarding, and other recreational activities, subject to applicable regulations and access provisions. Lake Henry's connection to Lake June adds even more appeal for water enthusiasts. Whether you're looking for a family home, a multigenerational living arrangement, a Florida retreat, a property with private guest accommodations, or a home with room to adapt to future needs, this property offers possibilities that are hard to match. Three-bedroom main home, two full bathrooms, large bedrooms, open living space, independent studio apartment, two separate laundry areas, detached 600 sq. ft. garage, convenient Highway 27 location, and close proximity to Lake Henry and Lake June. This is a property with space, flexibility, location, and potential-all in one of Lake Placid's established residential settings. Schedule your showing and discover the possibilities for yourself!
