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    Lake Placid, FL Restaurants for Sale

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    Former 18-Hole Golf Course
    Updated: Jan 19, 2024
    Former 18-Hole Golf Course

    3603 Placid Lakes Boulevard, Lake Placid, FL 33852

    $1,850,000
    3,000 sqft 134.09 AC lot
    Former 18‑hole golf course in Lake Placid
    134.09‑acre property on Placid Lakes Boulevard
    Leased restaurant with patio
    Includes golf shop and maintenance facility
    3000 square feet of property improvements
    View details
    Golf Course with Leased Restaurant
    Updated: Apr 20
    Golf Course with Leased Restaurant

    3603 Placid Lakes Boulevard, Lake Placid, FL 33852

    $1,850,000
    139.00 AC lot
    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)
    Reported pro forma allocations: restaurant $400,000; 9‑hole golf course $325,000; 67 acres tied to 201 homesites + 48 townhomes
    Reported pro forma includes 48 townhomes on 4 acres, plus 201 homesites at $4,117 per homesite/unit
    View details
    Mixed-Use Property with Restaurant Space
    Mixed-Use Property with Restaurant Space

    808 S Main Avenue, Lake Placid, FL 33852

    $350,000

    Mixed-use property combining a residential unit with restaurant space.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Gas Station and Convenience Store
    Gas Station and Convenience Store

    244 County Road 621 East, Lake Placid, FL 33852

    Contact for pricing
    0.33 AC lot

    Operating Citgo gas station, convenience store, and Pizza café on a County Road 621 site with roadside visibility.

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    Turnkey Restaurant and Office Building
    Turnkey Restaurant and Office Building

    1506 US-27, Lake Placid, FL 33852

    Contact for pricing

    Restaurant seating for 150 with leased office, Quonset hut, and additional workspace within a single building.

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    Bar and Grill Restaurant
    Bar and Grill Restaurant

    633 Lake June Road, Lake Placid, FL 33852

    Contact for pricing

    Bar and grill for sale with indoor and outdoor seating for 90+ and a full package liquor license subject to approval.

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    Well-Established Restaurant with Patio
    Well-Established Restaurant with Patio

    341 E Interlake Boulevard, Lake Placid, FL 33852

    Contact for pricing

    Restaurant with seating for 50, patio at the rear, three storage rooms, and recent A/C and roof.

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    Gas Station, Store, Restaurant For Sale
    Gas Station, Store, Restaurant For Sale

    0 E Countty Rd 621, Lake Placid, FL 33852

    Contact for pricing

    Turnkey gas station, convenience store, and restaurant for sale.

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    Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 8 Active listings in Lake Placid, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Diner with Development Land
    Freestanding Diner with Development Land

    4040 US HIGHWAY 27 S, Sebring, FL 33870

    $3,495,000
    4,155 sqft 5.35 AC lot

    Operating restaurant with commercial kitchen equipment and adjoining parcels for additional commercial development, subject to zoning verification.

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    Commercial Land with Food Truck Site
    Commercial Land with Food Truck Site

    1600 Highway 70, Okeechobee, FL 34974

    $795,000
    27,181 sqft

    Operating food truck property with customer seating, bathrooms, and approval for multiple vendors.

    View details
    Golf Course Country Club Property
    Golf Course Country Club Property

    4800 Haw Branch Rd, Sebring, FL 33875

    Contact for pricing

    For sale country club includes a 6,500+ SF clubhouse, operating golf course, pro-shop, and a vacant restaurant space.

    View details
    Restaurant and Sports Bar Opportunity
    Restaurant and Sports Bar Opportunity

    4825 S U S 441 Hwy S, Okeechobee, FL 34974

    $1,200,000
    1.50 AC lot

    Operating restaurant and sports bar with licenses for alcohol sales.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Parcel
    Commercial Land Parcel

    651 Washington Boulevard, Lake Placid, FL 33852

    Contact for pricing
    0.32 AC lot

    Vacant land parcel in B-2 Community Business zoning, offered for sale in a Highlands Park area.

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    Zoned Vacant Land Parcel
    Zoned Vacant Land Parcel

    733 Cr 29, Lake Placid, FL 33852

    Contact for pricing
    0.20 AC lot

    Vacant land parcel zoned B-1 Neighborhood Business, offered for sale with owner financing available.

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    Vacant Land Lot in Neighborhood Business Zone
    Vacant Land Lot in Neighborhood Business Zone

    811 Cr 29, Lake Placid, FL 33852

    Contact for pricing
    0.20 AC lot

    Vacant land lot available for sale in a B-1 Neighborhood Business zoning district.

    View details
    B1-Zoned Commercial Lot
    B1-Zoned Commercial Lot

    949 COUNTY ROAD 29, Lake Placid, FL 33852

    $30,000
    0.20 AC lot

    Vacant commercial land with B1 zoning offers a development site along County Road 29.

    View details

    Off-Market Properties in Lake Placid, FL

    Consider similar Off-Market properties in Lake Placid, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    633 Lk June Rd
    RESTAURANT

    633 Lk June Rd, Lake Placid, FL 33852-5671

    $305,000
    Estimated value
    2,442 sqft 0.85 AC lot
    View details
    980 Us 27th S
    RESTAURANT

    980 Us 27th S, Lake Placid, FL 33852-9517

    $100,000
    Estimated value
    666 sqft 0.22 AC lot
    View details
    501 Us 27th N
    RESTAURANT

    501 Us 27th N, Lake Placid, FL 33852-7937

    $305,000
    Estimated value
    3,121 sqft 0.92 AC lot
    View details
    209 Main Ave
    RESTAURANT

    209 Main Ave, Lake Placid, FL 33852-2607

    $290,000
    Estimated value
    1,750 sqft 0.10 AC lot
    View details
    443 Lk June Rd
    NIGHTCLUB (COCKTAIL LOUNGE)

    443 Lk June Rd, Lake Placid, FL 33852-5667

    $965,000
    Estimated value
    1,447 sqft 0.26 AC lot
    View details
    702 Us 27th S
    RESTAURANT

    702 Us 27th S, Lake Placid, FL 33852-9515

    $1,445,000
    Estimated value
    2,240 sqft 0.66 AC lot
    View details
    1979 Placid Lks Blvd
    RESTAURANT

    1979 Placid Lks Blvd, Lake Placid, FL 33852-6625

    $465,000
    Estimated value
    2,624 sqft 1.00 AC lot
    View details
    502 Us 27th N
    DRIVE-THRU RESTAURANT, FAST FOOD

    502 Us 27th N, Lake Placid, FL 33852

    $430,000
    Estimated value
    3,265 sqft 1.52 AC lot
    View details
    133 Sun N Lks Blvd
    RESTAURANT

    133 Sun N Lks Blvd, Lake Placid, FL 33852

    $310,000
    Estimated value
    6,630 sqft 1.66 AC lot
    View details
    413 Us 27th N
    RESTAURANT

    413 Us 27th N, Lake Placid, FL 33852-7936

    $300,000
    Estimated value
    4,742 sqft 0.41 AC lot
    View details
    516 Main Ave
    NIGHTCLUB (COCKTAIL LOUNGE)

    516 Main Ave, Lake Placid, FL 33852-1816

    $290,000
    Estimated value
    2,016 sqft 0.06 AC lot
    View details
    15 Main Ave
    RESTAURANT

    15 Main Ave, Lake Placid, FL 33852-1806

    $265,000
    Estimated value
    3,444 sqft 0.21 AC lot
    View details
    Placid Cafe and Diner for Sale- Great Kitchen with Large Hood Lake Dr
    Restaurants

    Placid Cafe and Diner for Sale- Great Kitchen with Large Hood Lake Dr, Lake Placid, FL 33852

    Value Estimation by Request
    2,500 sqft
    View details
    101 Vision St
    RESTAURANT

    101 Vision St, Lake Placid, FL 33852-5547

    $260,000
    Estimated value
    1,747 sqft 0.08 AC lot
    View details
    195 Us 27th N
    DRIVE-THRU RESTAURANT, FAST FOOD

    195 Us 27th N, Lake Placid, FL 33852-7981

    $315,000
    Estimated value
    2,846 sqft 0.48 AC lot
    View details
    321 Us 27th S
    DRIVE-THRU RESTAURANT, FAST FOOD

    321 Us 27th S, Lake Placid, FL 33852-7922

    $460,000
    Estimated value
    3,771 sqft 0.96 AC lot
    View details

    Lake Placid, FL Restaurants Market Trends and Statistics

    Explore 28 restaurants for sale in Lake Placid, FL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $4,050,000.

    Sale prices for restaurant properties in Lake Placid, FL start at $350,000, averaging $1,350,000, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Bars & Pubs 1
    Breakfast & diners 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.0%
    Median Household Income $54,841
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

    Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33852 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.38%
    Property Tax per SF $22.67 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Highlands County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Highlands County

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