It is about three-fourths of a mile across, covers 282 acres (1.14 km2) and has a maximum depth of 15 feet (4.6 m).

The lake is bounded on the south by the city limits of the city of Avon Park, Florida, on the west by a railroad and US 27 and on the north by a housing development and the River Greens Golf Course.

[1] Lake Damon is used for fishing and boating.

There is a public boat ramp located on the west side of the lake, off a road leading to US 27.

[2] U.S. Geological Survey Geographic Names Information System: Lake Damon