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3603 Placid Lakes Boulevard Lake Placid, FL $ 1,850,000
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$ 1,850,000 Get more info
3603 Placid Lakes Boulevard
$ 1,850,000
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Share Save

3603 Placid Lakes Boulevard

Lake Placid, FL
$ 1,850,000
Baths0.0 Sq 3,000

Monthly Estimate*

$ 11,681

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Studio

Single Family Home for sale in Lake Placid, FL

for $1,850,000. This 3,000 square foot home was built in 1967 on a lot size of 134.09.

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!

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Single Family Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 4,009

Style

Lot Size

134.09

Year Built

1967

Town/City

Lake Placid

County/Region

Highlands

MLS | Web ID

B26007766
Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir CeilingFans
Utilities ElectricityConnected SewerAvailable WaterConnected
Possession CloseOfEscrow
Roof Shingle
Security Features Other
Construction Materials Concrete
Year Built 1967
Electric Other
Property Subtype Business
Tax Year 2025
Accessibility AccessibilityFeatures
County Highlands
Property Type CommercialSale
Status Active
City Lake Placid
MLS Area 5940 - Other Florida County
Tax Annual Amount 4009.78
Virtual Tour https://www.propertypanorama.com/3603-Placid-Lakes-Boulevard-Lake-Placid-FL/unbranded
Standard Status Active
Property Sub Type Additional Business
Legal Description REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES
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Interior
Flooring Carpet Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 35
Lot Size Area 5840960.4
Building Area Total 3000
Lot Size Acres 134.09
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* Excluded Features
List By
Gregory S Karlson

Listing Agent

Affordability Calculator

$12,015
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,681
Monthly Property Taxes
$334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/4/2026$1,850,000 5.71% Price Up
3/27/2026$1,750,000 Listed Price

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3603 Placid Lakes Boulevard, Lake Placid, FL, is a Single Family Home for sale at $1,850,000 with 3,000 sqft and a lot size of 134.09. 3603 Placid Lakes Boulevard is a studio with 0.0 baths and was built in 1967. The property's zip code is which is in Lake Placid, FL

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