Improved Mixed-Use Land for Sale in Lake Placid, Florida
3603 Placid Lakes Blvd, Lake Placid, FL 33852
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
- Street address
- 3603 Placid Lakes Blvd
- County
- Highlands County
- Zip code
- 33852
- Elevation
- 91 feet
Directions
US 27 & Hammock Rd south to Lake Placid to Interlake Blvd to Catfish Cr Rd to Placid Lakes Blvd to Golf course on right.
Property details
- Acreage
- 134.09 acres
- Zoning
- AU
- MLS #
- HMLS 300855
- Posted
Property taxes
- 2025
- $10,116
Expenses
- Homeowner Association Fee
- $25 annually
Parcels
- C-14-37-29-112-00D0-0000
Legal description
REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 139+- ACRES
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Pool
- Patio
- Structures
- Workshop
- Features
- Shed/Workshop, Stucco, Well Irrigation
Structure
- Stories
- 1
- Sewer
- Public Sewer
- Heating
- Central, Electric
- Cooling
- Central Air
- Materials
- Concrete Block
Interior
- Flooring
- Linoleum
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 14, 2026 | New listing | $1,850,000 | — | HMLS |