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  3. 3603 Placid Lakes Boulevard Lake Placid, FL -
  • MLS® #: B26007766
  • 3603 Placid Lakes Boulevard
  • Lake Placid, FL
  • $1,750,000
  • 134.09 Acres
  • Commercial Sale

18 Hole Golf Course with Restaurant, Golf Shop & Maintenance Facility all on 139+-Acres priced at Only $12,589 per acre for Fast Sale /Offering Tremendous Upside Potential to develop 1/2 of the course into 201+-Homesites Plus 48 Unit Townhomes on 4 acres (on restaurant site). The restaurant with liquor license is leased. Past income of this business produced 8% Cap Rate 2021 & 9% Cap Rate 2022. This course is the Only Golf Course in Lake Placid. Allocation of values / Proforma Metrics: Restaurant, $400,000; 9-hole golf course @ $4,779 +/- per acre, $325,000; 67 acres with 201 homesites+48 Townhomes at $4,117 per homesite/unit, $1,025,000. Do Not Disturb restaurant tenant! Sale is confidential and buyer Must sign confidentiality agreement before showings & getting detail package.

Essential Information

  • MLS® #B26007766
  • Price$1,750,000
  • Acres134.09
  • Year Built1967
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive

Community Information

  • Address3603 Placid Lakes Boulevard
  • Area5940 - Other Florida County
  • CityLake Placid
  • CountyHighlands
  • StateFL

Interior

  • HeatingCentral Building
  • CoolingCentral Air, Ceiling Fan(s)
  • # of Stories1

Exterior

  • RoofShingle
  • ConstructionConcrete

Additional Information

  • Date ListedMarch 27th, 2026
  • Days on Website19
  • ZoningAU
  • Office: Advantage Realty #1

Property Location

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3603 Placid Lakes Boulevard on www.jupiterabacoahomes.uswww.jupiterabacoahomes.us

Offered at the current list price of $1,750,000, this home for sale at 3603 Placid Lakes Boulevard features bedrooms and 0 bathrooms. This real estate listing is located in of Lake Placid, FL . 3603 Placid Lakes Boulevard is listed under the MLS ID of B26007766 and has been available through www.jupiterabacoahomes.uswww.jupiterabacoahomes.us for the Lake Placid real estate market for 19 days.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2026 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 17th, 2026 at 5:29am CDT.