Sylvan Shores median real estate price is $86,729, which is less expensive than 95.2% of Florida neighborhoods and 87.9% of all U.S. neighborhoods.
The average rental price in Sylvan Shores is currently $880, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.4% of Florida neighborhoods.
Sylvan Shores is a rural neighborhood (based on population density) located in Lake Placid, Florida.
Sylvan Shores real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Sylvan Shores neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Sylvan Shores. The current real estate vacancy rate here is 36.4%. This is higher than the rate of vacancies in 96.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.