Performance indicators for the Lake Placid short-term rental market based on reliable data.
Listings
Reliable / Active
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Middle-Earners Gross Yield
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Middle-Earners Revenue
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Middle-Earners Occupancy
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The highest-performing listings in Lake Placid.
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Very Investor friendly
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
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.