Property
ActiveCommercial
1/30
$1,850,000

3603 PLACID LAKES BOULEVARD

Lake Placid, FL 33852
0
Beds
0
Baths
3,000
SqFt
134.09
Acres
STELLAR
#L4949447
Updated: Jun 24, 2026, 3:23pm

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 Details

Interior
Building Area Total
3000
Cooling
Central Air
Flooring
Linoleum
Heating
Central
Living Area
3000
Construction
Building Area Source
Estimated
Building Area Units
Square Feet
Construction Materials
Concrete
Foundation Details
Slab
Living Area Source
Estimated
Living Area Units
Square Feet
Stories Total
Yes
Year Built
1967
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
134.09
Lot Size Area
134.09
Lot Size Square Feet
5840960
Lot Size Units
Acres
Public Survey Range
29E
Public Survey Section
14
Road Frontage Type
City Street
Road Surface Type
Paved
Total Acreage
100 to less than 200
Water Access
Yes
Zoning
AU
Financials
Calculated List Price By Calculated Sq Ft
616.67
Contract Status Change Date
2024-12-16
Current Price
1850000
Feed Types
BBO
Owner Name
OWNER OF RECORD
Ownership
Other
Parcel Number
C14372911200D00000
Public Survey Township
37S
Tax Annual Amount
4341.12
Tax Block
143
Tax Legal Description
REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES
Tax Lot
46-18
Tax Year
2023

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33852 - Lake Placid
Subdivision Name
PLACID LAKES SEC 11 REP
Listing provided courtesy of STELLAR via IDX. Updated: Jun 24, 2026, 3:23pm.
Gregory Karlson

Listing Agent

ADVANTAGE REALTY 1

Call Agent