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!
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!
Property Details
Price:
$1,850,000
MLS #:
L4949447
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Business
Subdivision:
PLACID LAKES SEC 11 REP
Neighborhood:
33852lakeplacid
Listed Date:
Dec 16, 2024
Finished Sq Ft:
3,000
Total Sq Ft:
3,000
Lot Size:
5,840,960 sqft / 134.09 acres (approx)
Year Built:
1967
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Linoleum
Heating
Central
Exterior
Construction Materials
Concrete
Financial
Tax Year
2023
Taxes
$4,341
Map
Community
- Address3603 PLACID LAKES BOULEVARD LAKE PLACID FL
- SubdivisionPLACID LAKES SEC 11 REP
- CityLAKE PLACID
- CountyHighlands
- Zip Code33852
Subdivisions in LAKE PLACID
- DEEANN LAKEFRONT ESTATES
- DRIGGERS GROVE REP
- EAST SIDE ADD
- FLAMINGO CLUB VILLAS
- FLORAL HOMES REP
- HIGHLANDS PARK EST
- HIGHLANDS PARK ESTATE
- Highlands Park Estate Sec C Rep
- HIGHLANDS PARK ESTATE SEC T
- HIGHLANDS PARK ESTATES SECTION B
- HIGHWAY PARK ADD 03
- HORTONS LANDING SUB
- LAKE HENRY
- LAKE JUNE POINTE PH 03
- LAKE JUNE POINTE PH 1
- LAKE JUNE POINTE PH II
- LAKE JUNE SHORES SUB
- LAKE JUNE VISTA
- LAKE PERSIMMON
- LAKE PLACID SEC 5
- LAKEVIEW HEIGHTS SUB
- LANDINGS
- LEISURE LAKES SEC 01
- LEISURE LAKES SEC 02
- LEISURE LAKES SEC 03
- LEISURE LAKES SEC 04
- LEISURE LAKES SEC 05
- LEISURE LAKES SEC 07
- LEISURE LAKES SEC 08
- LEISURE LAKES SEC 11
- LEISURE LAKES SEC 14
- LEISURE LAKES SEC 16
- LEISURE LAKES SEC 17
- LEISURE LAKES SEC 18
- LEISURE LKS SEC FOURTEEN
- LIESURE LAKES SEC 03
- ORANGE BLOSSOM CCC
- PINES/LK HUNTLEY
- PLACID LAKES
- PLACID LAKES SEC 02
- PLACID LAKES SEC 05
- PLACID LAKES SEC 07
- PLACID LAKES SEC 10
- PLACID LAKES SEC 11 REP
- PLACID LAKES SEC 14
- PLACID LAKES SEC 15
- PLACID LAKES SEC 16
- PLACID LAKES SEC 17
- PLACID LAKES SEC 18
- PLACID LAKES SEC 19
- PLACID LAKES SEC 20
- PLACID LAKES SEC 20 TRB REP
- PLACID LAKES SEC 6
- PLACID LAKES SEC 7
- PLACID LAKES SUB
- PLACID LAKES UNITS 5
- PLACID LKS-SEC TWENTY
- PLACID OAKS
- PLACID PARK LAND ADD 01
- PLACID PLAZA
- PLACID RIDGE ESTATE ADD 01
- REPLAT OF ROBERTS GROVE ADD
- RURAL TRACTS
- SEBRING LAKES ACRES
- SMOAK BROTHERS ADD
- SOUTH BEAR POINTE RANCHES UNREC
- SUN N LAKE
- SUN N LAKE LP REP
- Sun N Lakes
- SUN N LAKES EST
- SUN N LAKES ESTATE SUB
- SUN N LAKES ESTATES
- SUN N LAKES ESTATES HOLIDAY COUNTRY CLUB SEC
- SUNN LAKES ESTATE
- SYLVAN SHORES ESTATE SEC D
- SYLVAN SHORES ESTATES SEC D
- TEMPLE TERRACE SUB
- TOMOKA HEIGHTS SEC 09
- TWIN LAKES ESTATES
- UNREC SUB
- VACATION ESTATES
- WATERSEDGE SUB
Market Summary
Current real estate data for Commercial in LAKE PLACID as of Oct 02, 2026
10
Commercial Listed
344
Avg DOM
255
Avg $ / SqFt
$1,259,870
Avg List Price
Property Summary
- Located in the PLACID LAKES SEC 11 REP subdivision, 3603 PLACID LAKES BOULEVARD LAKE PLACID FL is a Commercial for sale in LAKE PLACID, FL, 33852. It is listed for $1,850,000 To schedule a showing of MLS#l4949447 at 3603 PLACID LAKES BOULEVARD in LAKE PLACID, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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Courtesy of ADVANTAGE REALTY 1. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 3603 PLACID LAKES BOULEVARD
LAKE PLACID, FL