Commercial
Lake Placid
For Sale
COMMERCIAL
3603 Placid Lakes Boulevard, Lake Placid FL 33852
3603 Placid Lakes Boulevard, Lake Placid FL 33852
$1,850,000
₿≈ ₿28.1669
MLS B26007766
Commercial
Type
1967
Built
Overview
This commercial in Lake Placid is listed for sale at $1,850,000. Built in 1967.
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!
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #B26007766
Price$1,850,000
Year built1967
TypeCommercial
StatusFor Sale
Flood zoneX
Features & amenities
Electrical Utility Available
Has Cooling System
Has Heating System
Location
3603 Placid Lakes Boulevard, Lake Placid FL 33852
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