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$1,750,000 Just Listed
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Property Description
18 Hole Golf Course with Restaurant, Golf Shop & Maintenance Facility all on 139+-Acres priced at Only $12,589 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 acres (on restaurant site). 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 @ $4,779 +/- per acre, $325,000; 67 acres with 201 homesites+48 Townhomes at $4,117 per homesite/unit, $1,025,000. Do Not Disturb restaurant tenant! Sale is confidential and buyer Must sign confidentiality agreement before showings & getting detail package.
Full Property Details
Full Property Details for 3603 Placid Lakes Blvd
General
- Price: $1,750,000
- Taxes: $4,009 (2025)
- Status: Active
- Type: Business
- Source: Regional
- MLS ID: B26007766
- Updated: 3/27/2026
- Added to Site: 6 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Other
Parking
- Total Spaces: 35
Location
- County: Highlands
Community
- Community Name: 5940 - Other Florida County
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Connected
Structural Information
- Construction: Concrete
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 3000
- Year Built: 1967
Lot Features
- Lot Size (Acres): 134.09
- Zoning: AU
Financial Considerations
- Assessment Amount: $292,106
- Tax Amount: $4,009.78
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Other
- Legal Description: REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES
- Property ID: C14372911200d00000
Listed by Advantage Realty #1
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Schools
Schools serving 3603 Placid Lakes Blvd
School District:Highlands County School District
| Name | Grades | Distance |
|---|---|---|
Lake Placid High School 202 Green Dragon Drive, Lake Placid, FL 33852 | 9-12 | 3.1 mi |
Lake Placid Elementary School 101 Green Dragon Drive, Lake Placid, FL 33852 | PK-5 | 3.3 mi |
Lake Placid Middle School 201 South Tangerine Avenue, Lake Placid, FL 33852 | 6-8 | 3.3 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
Date
Details
Price
Change
Source
3/27/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3603 Placid Lakes Blvd
3603 Placid Lakes Boulevard, Lake Placid, FL (MLS# B26007766) is a Business property. 3603 Placid Lakes Boulevard is currently listed for $1,750,000 and was received on March 27, 2026. 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.

