3603 PLACID LAKES BLVD, Lake Placid, FL 33852
3603 PLACID LAKES BLVD, Lake Placid, FL 33852
3603 PLACID LAKES BLVD, Lake Placid, FL 33852
3603 PLACID LAKES BLVD, Lake Placid, FL 33852
3603 PLACID LAKES BLVD, Lake Placid, FL 33852
3603 PLACID LAKES BLVD, Lake Placid, FL 33852

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
$ 1,850,000
Est. payment | /mo

3,000 SqFt


$ 1,850,000
Est. payment | /mo

3,000 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $616

Subdivision Placid Lakes Sec 11 Rep

MLS Listing ID L4949447

HOA Y/N No

Year Built 1967

Annual Tax Amount $4,341

Lot Size 134.090 Acres

Acres 134.09

Property Sub-Type Business

Source Stellar MLS

Property Description

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!

Location

State FL

County Highlands

Community Placid Lakes Sec 11 Rep

Area 33852 - Lake Placid

Zoning AU

Interior

Heating Central

Cooling Central Air

Flooring Linoleum

Exterior

Water Access Yes

Water Access Desc Pond

Building

Story 1

Foundation Slab

Lot Size Range 100 to less than 200

Structure Type Concrete

New Construction false

Others

Ownership Other

Acceptable Financing Cash, Owner Financing

Listing Terms Cash, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4949447

Stellar MLS
Listed by Gregory Karlson ADVANTAGE REALTY 1

NEARBY SCHOOLS & PROPERTIES

Round Table Realty

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

 

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL, 32259

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3603 PLACID LAKES BLVD