Lake Placid Home Foreclosures in Lighthouse Point FL Lake Placid is a lovely waterfront subdivision in Lighthouse Point that features single-family homes that are ranch and Mediterranean-style. Some of the older homes have been updated but most feature garages, French doors, vaulted ceilings, walk-in closets, carpet and wooden floors, open porches, screened patios, swimming pools and outdoor kitchens. The lots for many homes are less than a quarter of an acre but boast gorgeous water views and lush tropical landscaping. Amenities include tennis courts and access to boating ramps. Located off of Lake Placid, this development is near many shopping areas and restaurants.