3603 Placid Lakes Boulevard, Lake Placid, FL
Listing Snapshot
| List Price | $1,850,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 134.09 acres |
| Year Built | 1967 |
| Property Tax | $4,009.78/yr |
| MLS # | 1156076792 |
| Status | Active |
| Days on Market | 86 |
About This Home
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!
General Features
- Property Type
- CommercialSale
- Sub-type
- Business
- Stories
- 1
- Parking Spaces
- 35
- Zoning
- AU
- Security
- Other
- Utilities
- ElectricityConnected,SewerAvailable,WaterConnected
Interior Features
- Flooring
- Carpet,Vinyl
- Heating
- Central
- Cooling
- CentralAir,CeilingFans
Exterior Features
- Construction
- Concrete
- Roof
- Shingle
Community Features
- MLS Area
- 5940 - Other Florida County
Map
Virtual Tour
View Virtual TourMLS# 1156076792 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $1,480,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.