$1,850,000
3603 Placid Lakes Boulevard
Lake Placid, FL
Explore the area: Lake Placid homes for sale · Highlands County real estate
Price Check
How this price compares
- Asking price
- $1,850,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 128
This commercial property went under contract with an asking price of $1,850,000. It spent 128 days on the market before going under contract.
Estimated monthly payment
$9,723 /mo
Principal and interest only, based on $370,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,850,000
- Days on Site
- 128 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,000 sqft
- Lot Size
- 134.09 Acres
- Year Built
- 1967
- Property Type
- Commercial
- MLS #
- B26007766
- Property Tax
- $4,010 (2025)
- County
- Highlands
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
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!
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Under Contract
- Year Built
- 1967
- Number of Stories
- 1
- Lot Size (Acres)
- 134.09
- Total Sq Ft
- 3,000
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- AU
Interior Features
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Vinyl
Exterior Features
- Construction
- Concrete
- Roof
- Shingle
Community & HOA
- Security
- Other
- Utilities
- Electricity Connected / Sewer Available / Water Connected
- Financing Terms
- Cash / Conventional
- MLS Area
- 5940 - Other Florida County
About the Area
Browse Lake Placid homes for sale across every neighborhood and price point in Highlands. Available homes span single-family, townhome, and condo segments throughout the city. Lake Placid includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Highlands, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Highlands market data, see Florida Realtors' monthly statistics. Browse the latest Lake Placid listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 347
- Median List Price
- $350,000
- Median $/Sq Ft
- $218
- Avg Days on Market
- 154
Frequently Asked Questions
- How do I schedule a tour of 3603 Placid Lakes Boulevard, Lake Placid, FL?
- Use the Tour button on this listing to request a showing of 3603 Placid Lakes Boulevard, Lake Placid, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3603 Placid Lakes Boulevard, Lake Placid, FL still available?
- 3603 Placid Lakes Boulevard, Lake Placid, FL is currently listed as Under Contract, and has been on the market 128 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3603 Placid Lakes Boulevard, Lake Placid, FL?
- With 20% down ($370,000) on the $1,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3603 Placid Lakes Boulevard, Lake Placid, FL is about $9,723/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3603 Placid Lakes Boulevard, Lake Placid, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3603 Placid Lakes Boulevard, Lake Placid, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 3603 Placid Lakes Boulevard, Lake Placid, FL?
- Often, yes. The right offer on 3603 Placid Lakes Boulevard, Lake Placid, FL depends on how it's priced against comparable commercial sales in Lake Placid, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Advantage Realty 1
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,850,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Gregory S Karlson, Advantage Realty 1
Map & Location
Cities in Highlands County
Zip Codes in Highlands County
Property Types
