Lake Placid, Florida, is a charming small town in Highlands County, known as the "Caladium Capital of the World" for its vibrant caladium bulb production, which supplies over 95% of the world’s demand. Nestled amidst rolling hills and surrounded by nearly 30 lakes, the town offers a serene, nature-rich environment with opportunities for fishing, boating, and outdoor recreation. Its historic downtown features quaint shops, local eateries, and over 40 colorful murals depicting the area’s history and culture, earning it the title of "Florida’s Outstanding Rural Community" in 2000. With a population of around 2,400, Lake Placid maintains a tight-knit, welcoming atmosphere, blending agricultural heritage with scenic beauty and a relaxed, small-town lifestyle.

Lake Placid currently has 35 single family homes for sale with an average list price of $435,476.86, 3 condos for sale with an average list price of $180,663.33, and 534 lots for sale with an average list price of $52,313.41. The average annual property tax for Lake Placid is $2,073.05.