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:
Active
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
- .
- ALPINE VILLAGE MHP
- AN IRREG 4.197 ACRE TRACT BEING 182 FT ALONG NELY
- ARBOR COVE
- BEAR HOLLOW UNREC SUB
- BREEZY POINT PARK
- CHILDS BAY
- DEEANN LAKEFRONT ESTATES
- FLAMINGO CLUB VILLAS
- HIGHLANDS PARK EST
- Highlands Park Estate
- Highlands Park Estate Sec C Rep
- HIGHLANDS PARK ESTATE SEC T
- HILLCREST ADD
- HILLSIDE LAKE ESTATES
- HORIZON EQUESTRIAN ESTATES
- LAKE BLUE ESTATES SUB
- LAKE JUNE POINTE PH 1
- LAKE JUNE SHORES SUB
- LAKE PLACID ESTATES
- LAKE PLACID SEC 5
- LEISURE LAKES
- LEISURE LAKES SEC 01
- LEISURE LAKES SEC 02
- LEISURE LAKES SEC 03
- LEISURE LAKES SEC 04
- LEISURE LAKES SEC 05
- LEISURE LAKES SEC 06
- LEISURE LAKES SEC 07
- LEISURE LAKES SEC 08
- LEISURE LAKES SEC 09
- LEISURE LAKES SEC 10
- LEISURE LAKES SEC 11
- LEISURE LAKES SEC 14
- LEISURE LAKES SEC 16
- LEISURE LAKES SEC 17
- LEISURE LAKES SEC 18
- LEISURE LAKES SEC 3
- LEISURE LAKES SEC 7
- MEADOWLAKE SUB
- NLY
- ORANGE BLOSSOM CCC
- PINES/LK HUNTLEY
- PLACID LAKES SEC 02
- PLACID LAKES SEC 06
- PLACID LAKES SEC 08
- PLACID LAKES SEC 09
- PLACID LAKES SEC 10
- PLACID LAKES SEC 11
- PLACID LAKES SEC 11 REP
- PLACID LAKES SEC 12
- PLACID LAKES SEC 13
- 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 OAKS
- PLACID PLAZA
- PLACID RIDGE ESTATE ADD 01
- REPLAT OF ROBERTS GROVE ADD
- RPLT ROBERTS GROVE ADD
- RURAL TRACTS
- 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
- SUNN LAKES ESTATES
- SYLVAN SHORES ESTATE SEC D
- TEMPLE TERRACE SUB
- VACATION ESTATES
- VENETIAN VILLAGE
- WOEPPEL LANDING
Market Summary
Current real estate data for Commercial in LAKE PLACID as of Jul 31, 2026
9
Commercial Listed
317
Avg DOM
264
Avg $ / SqFt
$1,322,089
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 2392986550.
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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