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$1,750,000

  • For Sale
  • Active
  • Business
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Owner Financing 1/2 Down 7% int/2yr Bal. 18 Hole Golf Course with Restaurant, Golf Shop & Maintenance Facility with Equipment all on 139+-Acres priced at Only $13,309 per acre for Fast Sale /Offering Tremendous Upside Potential to develop 1/2 of the course into 201+-Homesites Plus 48 Unit Townhomes on 4 acre (on restaurant site) while retaining the balance of the course as 9 Hole Golf Course, add pickle ball courts & add a spa on the extra commercial lot for even more potential profit! 60 Golf Carts & equipment are included in sale & the restaurant with liquor license is leased. Past income of this business produced 8% Cap Rate 2021 & 9% Cap Rate 2022. This course is the Only Golf Course in Lake Placid. Allocation of values / Proforma Metrics: Restaurant, $400,000; 9-hole golf course @ $4,105 +/- per acre, $275,000; 67 acres with 201 homesites+48 Townhomes at $4,117 per homesite/unit, $1,025,000; golf cart and equipment, $150.000. Do Not Disturb restaurant tenant! Sale is confidential and buyer Must sign confidentiality agreement before showings & getting detail package of information!

Full Property Details for 3603 Placid Lakes Blvd

General

  • Price: $1,750,000
  • Taxes: $4,341 (2023)
  • Status: Active
  • Type: Business
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4949447
  • Updated: 1/12/2026
  • Added to Site: 472 day(s) ago

Interior

  • Flooring: Linoleum

Location

  • Area: 33852 - Lake Placid
  • County: Highlands
  • Development Name: 33852 - Lake Placid
  • Subdivision: PLACID LAKES SEC 11 REP
  • Driving 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.

Community

  • Community Name: 33852 - Lake Placid

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • # Buildings: 1
  • Exterior Const.: Concrete
  • Square Feet: 3,000
  • Sq. Ft. Source: Estimated
  • Year Built: 1967

Lot Features

  • Lot Size (Acres): 134.09
  • Lot Size (Sq. Ft.): 5,840,960
  • Lot Size: 134.09
  • Frontage: City Street
  • Street/Road Desc.: Paved

Water Features

  • Water Access: Yes
  • Water Access Desc: Pond

Financial Considerations

  • Tax Amount: $4,341.12
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Other
  • Special Conditions: None
  • Legal Description: REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES
  • Flood Zone Info: X
  • APN: C14372911200D00000
  • Property ID: C14372911200D00000
  • Block/Lot/Section: 143

Listed by Advantage Realty 1

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— 3603 Placid Lakes Blvd —

  • Advantage Realty 1

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3603 Placid Lakes Blvd

School District:Highlands County School District
NameGradesDistance
Lake Placid High School
202 Green Dragon Drive, Lake Placid, FL 33852
9-123.1 mi
Lake Placid Elementary School
101 Green Dragon Drive, Lake Placid, FL 33852
PK-53.3 mi
Lake Placid Middle School
201 South Tangerine Avenue, Lake Placid, FL 33852
6-83.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3603 Placid Lakes Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$1,750,000
-5.41%
MLS
12/16/2024
Listed
$1,850,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3603 Placid Lakes Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$959
—
$292,106
-2%
2024
$959
-56%
$299,074
-1%
2023
$2,203
—
$302,938
7%
2021
$2,214
6%
$283,295
-3%
2022
$2,091
-6%
$291,997
3%
2021
$2,214
-59%
$282,126
-20%
2019
$5,455
-21%
$351,739
-20%
2018
$6,893
1%
$442,313
—
2017
$6,831
-3%
$441,917
—
2016
$7,024
-2%
$441,967
—
2015
$7,145
-1%
$442,492
—
2014
$7,183
10%
$441,524
—
2013
$6,536
—
$440,680
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Advantage Realty 1

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3603 Placid Lakes Boulevard, Lake Placid, FL 33852 (MLS# L4949447) is a Business property. 3603 Placid Lakes Boulevard is currently listed for $1,750,000 and was received on December 16, 2024. Want to learn more about 3603 Placid Lakes Boulevard? Do you have questions about finding other Business real estate for sale in Lake Placid? You can browse all Lake Placid real estate or contact a Coldwell Banker agent to request more information.

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