3603 PLACID LAKES BLVDLAKE PLACID, FL 33852PLACID LAKES SEC 11 REP · Business
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…
Description as provided by the listing brokerage.
The details
Where it sits
Approximate location shown. Exact address available on request per listing brokerage.
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