Golf Course with Leased
For Sale
Contact for pricing
3603 Placid Lakes Boulevard, Lake Placid, FL 33852
Former 18-hole course includes golf shop and maintenance facilities, plus a leased restaurant with liquor license.
Property Size3,000 SF
Lot Size139.00 Acres
Price / SF$616.67
Days on Market127
Property Features for 3603 Placid Lakes Boulevard
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
35
Lot size
139.00 Acres
Property subtype
Land
Zoning
AU
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1967
Listing Agency:
Advantage Realty #1
(863) 381-4932
Listed By:
Greg Karlson · License #CQ1035802
Source:
Crexi
Added: Apr 6
Changed: Aug 8
Last Checked: Aug 8 at 12:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Realty #1
Investment Insights
Based on property information with market context.
This offering features a former 18-hole golf course with associated improvements, including a restaurant, golf shop, and maintenance facility, all located on approximately 139+ acres. The restaurant is leased and includes a liquor license. The property is offered with allocations of value provided in the remarks, covering the restaurant, golf course acreage, and an allocation related to contemplated residential development of portions of the property.
The property is located at 3603 Placid Lakes Boulevard in Lake Placid, Florida. According to the provided materials, it has been the only golf course in Lake Placid. Access and visibility details beyond the site address are not provided in the information received. Sale is described as confidential, and the buyer must sign a confidentiality agreement before showings and receiving the detail package.
For operators, buyers, or developers evaluating golf and food-and-beverage uses, the current configuration provides on-site support facilities through the golf shop and maintenance building, along with an income-producing leased restaurant as described. For residential development considerations, the remarks reference a concept to develop roughly half of the course into homesites and townhomes, with the restaurant site associated with a portion of that concept. Buyers should rely on their own diligence and the confidentiality materials for additional specifics.
The property is located at 3603 Placid Lakes Boulevard in Lake Placid, Florida. According to the provided materials, it has been the only golf course in Lake Placid. Access and visibility details beyond the site address are not provided in the information received. Sale is described as confidential, and the buyer must sign a confidentiality agreement before showings and receiving the detail package.
For operators, buyers, or developers evaluating golf and food-and-beverage uses, the current configuration provides on-site support facilities through the golf shop and maintenance building, along with an income-producing leased restaurant as described. For residential development considerations, the remarks reference a concept to develop roughly half of the course into homesites and townhomes, with the restaurant site associated with a portion of that concept. Buyers should rely on their own diligence and the confidentiality materials for additional specifics.
Key Highlights
- Former 18‑hole golf course on 139+ acres, with golf shop and maintenance facilities
- Includes a leased restaurant with a liquor license on the restaurant site
- Past restaurant business income showed an 8% cap rate (2021) and 9% cap rate (2022)
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,907 visits/mo
0.5 miles
Demographics for 33852, FL
21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Golf course & driving range - Former 18-hole course includes golf shop and maintenance facilities, plus a leased restaurant with liquor license.
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 on 139+ acres, with golf shop and maintenance facilities; Includes a leased restaurant with a liquor license on the restaurant site; Past restaurant business income showed an 8% cap rate (2021) and 9% cap rate (2022)
