3603 Placid Lakes Boulevard, Lake Placid, Florida
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$1,850,000 USD

Commercial for Sale, 3603 Placid Lakes Boulevard, Lake Placid, Florida

  • MLS#B26007766

Listed By Advantage Realty #1

The Commercial Property for Sale located at 3603 Placid Lakes Boulevard, Lake Placid, Florida is currently for sale. 3603 Placid Lakes Boulevard, Lake Placid, Florida is listed for $1,850,000.

Date Updated : Jun 25, 2026
Gregory Karlson
Advantage Realty #1

Property features

Construction

  • Year built: 1967
  • Roofing: Shingle

Interior Features

  • Floors: VinylCarpet

Heating and Cooling

  • Heating System: Central (building)
  • Cooling System: Central AC

Utilities

  • Other utilities: PublicSewer Available Off SitePublic Sewer

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!

Location

3603 Placid Lakes Boulevard, Lake Placid, Florida

3603 Placid Lakes Boulevard, Lake Placid, Florida