3603 Placid Lks Blvd
lake placid, FL$1,850,000
- Contract signed
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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!
Details
3,000 Sq Ft
134.09 Private Acres Lot Size
commercial
$334 Monthly Tax
Built in 1967
MLS/Listing ID B26007766
Amenities & Features
Accessibility Features
Construction - Concrete
Cooling - Central Air
Cooling - Ceiling Fans
Carpet
Vinyl
Shingle
Public Sewer
Public Water
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