Great deal for first time buyers or investors!! SELLER MOTIVATED. Lake Placid, Florida is known for being the "Caladium Capital of the World," where nearly all the world's caladiums are grown. It's also called the "Town of Murals" due to its many outdoor murals. Additionally, Lake Placid was named "America's Most Interesting Town" by Reader's Digest in 2013. This city offers fishing, boating, and hiking opportunities on its many lakes and nearby state parks. Don't wait to invest on this affordable lot while you can!