FL
Highlands
LAKE PLACID
33852
3603 PLACID LAKES BOULEVARD
3603 PLACID LAKES BOULEVARD, LAKE PLACID, FL 33852
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Listing Type
Commercial/Industrial
Listing Status
Active
30
$1,850,000

Home Details for 3603 PLACID LAKES BOULEVARD

Price
$1,850,000
Type
Commercial Sale
Square feet
3000
Year built
1967
Lot size acres
134.09
County
Highlands
Days on site
597
MLS Listing#
L4949447
Property Description

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!

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Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
Listing Courtesy: ADVANTAGE REALTY 1 - 863-386-1111
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-08-05 10:00:10
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EXIT COMPASS REALTY
19700 Cochran Blvd Ste C, Port Charlotte, FL 33948
Office
941 889 7299
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