3603 Placid Lakes Boulevard Lake Placid, FL 33852

$1,850,000

Total Square Feet

3,000
Lot Size

134.09 acre(s)

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...

Property Summary

MLS Number: L4949447

Status: Active

Days on Market: 560

Subdivision: PLACID LAKES

County: Highlands

Bedrooms: 0

Total Square Feet: 3,000

Price Per Sq. Ft.: $617

New Constuction: No

Waterfront: No

Property Type: Commercial -

Cooling: Central Air

Heating: Central

Lot Size: 134.09 Acres

Stories: 1.0

Taxes: $4,341

Year Built: 1967

Property Details

Days on Site: 560

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.

Exterior: Concrete

Flood Zone Code: X

Flooring: Linoleum

Foundation: Slab

Home Warranty Y/N: No

Listing Terms: Cash, Owner Financing

Lot Dimensions: 134.09

Ownership: Other

Property Attached Y/N: No

Property Sub-Type: Business

Showing Instructions: ShowingTime

Special Sale Provisions: None

Special View Info: Water

Water Access: Pond

Water Access Y/N: Yes

Zoning: AU

Construction: Concrete

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Courtesy of

Agency Name: ADVANTAGE REALTY 1
Agency Contact: 863-386-1111
Agent Name: Gregory Karlson

Presented by

Agent Name: Simon Peter Thomas PA
Agent Phone: 561.406.3653
Agency Title: Illustrated Properties
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Simon Peter Thomas PA

ipre.com

Agent Cell:

561.406.3653

Office Phone:

561.746.0008

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