USAFLLake PlacidPlacid Lakes3603 Placid Lakes Blvd
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3603 Placid Lakes Blvd, Lake Placid, FL

House

For Sale

Listed price in listed location currency (USD).
$1,750,000

0035

MLS® B26007766

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $4,010
Days Active 42
Lot Size 
Approx. Age 1967
MLS® Number B26007766

Property Address: 3603 Placid Lakes Blvd, LAKE PLACID, FL, 33852-6653

Average square foot calculated using Size range provided by listing agent.

Description

18 Hole Golf Course with Restaurant, Golf Shop & Maintenance Facility all on 139+-Acres priced at Only $12, 589 per acre for Fast Sale /Offering Tremendous Upside Potential to develop 1/2 of the course into 201+-Homesites Plus 48 Unit Townhomes on 4 acres (on restaurant site). The restaurant with liquor license is leased. Past income of this business produced 8% Cap Rate 2021 & 9% Cap Rate 2022. This course is the Only Golf Course in Lake Placid. Allocation of values / Proforma Metrics: Restaurant, $400, 000; 9-hole golf course @ $4, 779 +/- per acre, $325, 000; 67 acres with 201 homesites+48 Townhomes at $4, 117 per homesite/unit, $1, 025, 000. Do Not Disturb restaurant tenant! Sale is confidential and buyer Must sign confidentiality agreement before showings & getting detail package.
MLS® NumberB26007766
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1967
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$1,750,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2024List Date
$1,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
3603 Placid Lakes Blvd, Lake Placid, FL

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