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3603 Placid Lakes Boulevard, Lake Placid, FL

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$1,850,000
229 Days On Site

3603 Placid Lakes Boulevard
Lake Placid, FL

Business For Sale|Pending
0
Beds
0
Total Baths
3,000
SqFt
$617
/SqFt
1967
Built
County:
Highlands

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3603 Placid Lakes Boulevard3603 Placid Lakes Boulevard3603 Placid Lakes Boulevard3603 Placid Lakes Boulevard
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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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Listing Snapshot
Price 
$1,850,000
Days On Site 
229 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
134.09 Acres
Year Built 
1967
MLS Number 
B26007766
Status 
Pending
Property Tax 
$4,009.78
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
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What's This?
Private
Recent Activity
3 months agoListing updated with changes from the MLS
3 months agoStatus changed to Pending
5 months agoPrice changed to $1,850,000
8 months agoListing first seen on site
General Features
Acres 
134.09
Number Of Stories 
1
Parking Spaces 
35
Property Sub Type 
Business
Security 
Other
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3000
Utilities 
Electricity ConnectedSewer AvailableWater Connected
Water Source 
Public
Zoning 
AU
Interior Features
Cooling 
Central AirCeiling Fan(s)
Flooring 
CarpetVinyl
Heating 
Central
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Exterior Features
Construction Details 
Concrete
Roof 
Shingle
Community Features
MLS Area 
5940 - Other Florida County
Financing Terms Available 
CashConventional
Listing courtesy of Advantage Realty 1



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-11-12 02:11 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Powered by Showcase IDX, a Constellation1 Company
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