Business in 3603 Placid Lakes Boulevard, Lake Placid, FL for sale with MLS# B26007766
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!
3603 Placid Lakes Boulevard, Lake Placid, FL
- Price:
- $1,850,000.00
- Original List Price:
- $1,750,000.00
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Pending
- Special Sale Conditions:
- Standard
- Listing Category:
- Commercial Sale
- Property Type:
- Business
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- August 5, 2026 3:47 pm
- Built-Up Area:
- 3,000 Sqft
- Building Area Source:
- Other
- Lot Size Acres:
- 134.09
- Security:
- Other
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Heating
- Heating System:
- Central Building
- Year Built:
- 1967
- Roof:
- Shingle
- Construction Materials:
- Concrete
- Flooring:
- Carpet, Vinyl
- Number of stories:
- 1
- Flood Zone Code:
- A,X
- Tax Annual Amount:
- $4,009.78
- Tax Year:
- 2025
- Tax Assessed Value:
- $292,106.00
- Parking Total Spaces:
- 35
- Sewer:
- Public Sewer
- Electric:
- Other
- Utilities Available:
- Sewer Available, Electricity Connected, Water Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Other Available Information
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES
- Real Estate Folio Number (Parcel Number):
- C14372911200d00000
- Zoning:
- AU
- Active on the market since:
- June 4, 2026
- Listing Agreement executed on:
- March 27, 2026
- Purchase Contract Date:
- August 5, 2026
- Price change occurred on:
- June 4, 2026 5:12 pm
- Listing Status Last Changed On:
- August 5, 2026 3:47 pm
- Photos updated on:
- June 4, 2026 5:14 pm
- Last Modified:
- August 5, 2026 3:47 pm
- Courtesy of:
- Advantage Realty #1
- Attribution:
- Not provided
- Street Name:
- Placid Lakes
- Street Number:
- 3603
- City:
- Lake Placid
- State:
- Florida
- County:
- Highlands
- Latitude:
- N27° 15' 19.5''
- Longitude:
- W82° 35' 53.7''
- Street Suffix:
- Boulevard
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Ver la propiedad 3603 Placid Lakes Boulevard, Lake Placid, FL
