$1,850,000
3603 Placid Lakes Boulevard
Lake Placid, FL 33852
Listing updated: June 24, 2026 at 12:42 PM ET
Listing courtesy of Advantage Realty 1 · Gregory Karlson · MLS #L4949447 · Active · 863-386-1111Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history445 days on market
- Status: ActiveJan 2, 2026
- Listed$1,850,000Dec 16, 2024
- Price increased$1,850,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Business
- Status
- Active
- Days on market
- 445
- Subdivision
- Placid Lakes Sec 11 Rep
- County
- Highlands
- Year built
- 1967
- Living area
- 3,000 sq ft
- Price/sq ft
- $617
- Lot size
- 5,840,960 sq ft
- Lot category
- 100 to less than 200
- Flood zone
- X
- Annual taxes
- $4,341 (2023)
- Parcel #
- C-14-37-29-112-00D0-0000
- Zoning
- AU
- MLS #
- L4949447
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Interior Details
- Flooring
- Linoleum
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Owner Financing
- Ownership
- Other
Exterior & Construction
- Construction materials
- Concrete
- Foundation
- Slab
- Water access
- Yes
- Road surface
- Paved
Listing Details
- Listing date
- 2024-12-16
- On market date
- 2024-12-16
- Original list price
- $1,850,000
- MLS area
- 33852 - Lake Placid
- Listing AOR
- Lakeland
- Status changed
- 2026-01-02
- Tax legal description
- REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 24, 2026 at 12:42 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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