Address
3603 Placid Lakes Boulevard, Lake Placid, FL
Price
$ 1,850,000
Property Attributes
- MLS#B26007766
- TypeSingle Family
- Listing Status Pending
- CountyHighlands
- CityLake Placid
- Area5940 - Other Florida County
- Zip
- Style
- Year Built1967
- Taxes$ 4009
- Price$ 1,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3000
- Lot Size134.09 Acres
Data Source:
Beaches MLS (FL)
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!
| Price History | |
|---|---|
| 3/27/2026 | Listed $1,750,000 |
| 6/4/2026 | 6$1,850,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central |
| Cooling | CentralAir,CeilingFans |
| Utilities | ElectricityConnected,SewerAvailable,WaterConnected |
| Possession | CloseOfEscrow |
| Roof | Shingle |
| Security Features | Other |
| Construction Materials | Concrete |
| Year Built | 1967 |
| Electric | Other |
| Property Subtype | Business |
| Tax Year | 2025 |
| Accessibility | AccessibilityFeatures |
| County | Highlands |
| Property Type | CommercialSale |
| Contingency | Appraisal |
| Status | Pending |
| City | Lake Placid |
| MLS Area | 5940 - Other Florida County |
| Tax Annual Amount | 4009.78 |
| MLS Area Minor | Other |
| Virtual Tour | https://www.propertypanorama.com/3603-Placid-Lakes-Boulevard-Lake-Placid-FL/unbranded |
| Standard Status | Pending |
| Property Sub Type Additional | Business |
| PostalCity | Lake Placid |
| Legal Description | REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES |
Interior Features
| Flooring | Carpet,Vinyl |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 35 |
| Lot Size Area | 5840960.4 |
| Building Area Total | 3000 |
| Lot Size Acres | 134.09 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
These listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than Sellstate Mac Realty Group are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
