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Former 18-Hole Golf Course Property

3603 Placid Lakes Boulevard Lake Placid, FL 33852

Claim this Listing
For Sale
Under Contract
$1,850,000

COMMERCIAL - Lake Placid, FL

Property size:
3,000 SF
Lot size:
134.09 Acres
Price / SF:
$616.67/SF
Added:
Jan 19, 2024
Days on Market:
907
Last Refresh:
Jul 14 at 11:06 am

Property Features for 3603 Placid Lakes Boulevard

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
AU
Patio and Porch features
Patio
Exterior features
Other Irrigation, Patio, Shed/Workshop, Stucco, Well Irrigation
Standard status
Active Under Contract
APN
C-14-37-29-112-00D0-0000
Size
3,000 SF
Lot size
134.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 139+- ACRES
Tax Annual Amount
10116

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air

Building Details

Year built
1967
Floors in Building
1
Flooring type
Linoleum
Building materials
Concrete Block
Architectural style
Other
Additional Structures
Workshop, Other

Listing agent Mary C. Birge

Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL

Listing date Jan 19, 2024

MLS# 300855

Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering is a former 18-hole golf course property that includes an on-site restaurant, golf shop, and maintenance facility. The restaurant includes a liquor license and is currently leased. The listing also indicates the asset is under AU zoning.

The course is described as the only golf course in Lake Placid. The property’s size is presented as 139+/- acres in the remarks.

The sale is described as subject to approvals. The listing notes that the restaurant tenant should not be disturbed, and that showings and access to the detail package require a confidentiality agreement.

Key Highlights

  • Former 18‑hole golf course with restaurant, golf shop, and maintenance facility on 139+- acres
  • Restaurant with liquor license is leased
  • Past business income reports: 8% cap rate (2021) and 9% cap rate (2022)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Golf courses & driving ...

Suggested Use

Real Estate Agency Building Supply Restaurant Pharmacy Big Box & Wholesale Store Grocery & Convenience Store Garden Center Cafe & Coffee Shop Carpet & Flooring Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Golf course & driving range - Former 18-hole golf course with an on-site restaurant (liquor license) leased, plus golf shop and maintenance facilities.
Where is this golf course & driving range located?
The property is located at 3603 Placid Lakes Boulevard Lake Placid, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Former 18‑hole golf course with restaurant, golf shop, and maintenance facility on 139+- acres; Restaurant with liquor license is leased; Past business income reports: 8% cap rate (2021) and 9% cap rate (2022)
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