$1,850,000

3603 PLACID LAKES BLVD, LAKE PLACID FL, 33852

Price per sqft$616.67

Built in1967

Property size3,000 sqft

Property typeCommercial

Courtesy of ADVANTAGE REALTY 1, Gregory Karlson Listing Contact: 863-386-1111

Overview

Pending

Listed Dec 16, 2024

Updated Aug 6

Former 18 Hole Golf Course with Restaurant, Golf Shop & Maintenance Facility all on 139+-Acres priced at Only $13,310 per acre for Fast Sale /Offering Tremendous Upside Potential! Open it all back up or explore many alternative potential uses. All Subject to Approvals of course. The restaurant with liquor license is leased. Past income of this business produced was 8% Cap Rate 2021 & 9% Cap Rate 2022. This course is the Only Golf Course in Lake Placid. Allocation of values: Restaurant, $400,000(4+-acres) then 134+-acres @ $10,486 per acre(w/valuable wells,pumps/barn), 3 residential lots($45k) Do Not Disturb restaurant tenant! Sale is confidential and buyer Must sign confidentiality agreement before showings & getting detail package of information!

Additional information

MLS^® ID: L4949447

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 134.09 Acres

Other Property Details

Taxes: $4,341
Tax Frequency: Annually
Association Fee Frequency: Monthly
Municipality: 37S

Listings courtesy of Stellar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 11:38 AM UTC on 11/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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