Property Attributes
- MLS#L4949447
- TypeCommercial
- Listing Status Active
- CountyHighlands
- CityLAKE PLACID
- AreaLake Placid
- NeighborhoodPLACID LAKES SEC 11 REP
- Zip33852
- StyleBusiness
- Year Built1967
- Taxes$ 4341
- Price$ 1,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3000
- Lot Size134.09 Acres
Data Source:
Stellar MLS
Property Description
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!
| Price History | |
|---|---|
| 12/19/2025 | Listed $1,850,000 |
| 1/12/2026 | 5$1,750,000 |
| 5/13/2026 | 6$1,850,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Possession | Close Of Escrow |
| Zoning | AU |
| Construction Materials | Concrete |
| Year Built | 1967 |
| Property Subtype | Business |
| Tax Year | 2023 |
| Ownership | Other |
| County | Highlands |
| New Construction | false |
| Property Type | Commercial Sale |
| Subdivision Name | PLACID LAKES SEC 11 REP |
| Status | Active |
| Directions | US 27 & Hammock Rd south to Lake Placid to Interlake Blvd to Catfish Cr Rd to Placid Lakes Blvd to Golf course on right. |
| City | LAKE PLACID |
| MLS Area | 33852 - Lake Placid |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5840960 |
| Listing Terms | Cash,Owner May Carry |
| Tax Annual Amount | 4341.12 |
| Additional Parcels Y/N | false |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/L4949447 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 46-18 |
| Legal Description | REV OF RESUB OF PORTION OF SEC 11 PLACID LAKES 8/77 TRACT D -GOLF COURSE- 134 ACRES |
| Water Access Type | Pond |
| Water Access Y/N | true |
| Water View Y/N | false |
| Flood Zone Code | X |
| Flood Zone Code X | Yes |
Interior Features
| Flooring | Linoleum |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| LivingAreaSource | Estimated |
Exterior Features
| Lot Size Area | 134.09 |
|---|---|
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 3000 |
| Lot Size Acres | 134.09 |
| Road Surface Type | Paved |
| Waterfront Y/N | false |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on September 27, 2026 10:51 AM UTC The listing information on this page last changed on Last updated on September 27, 2026 10:51 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 27, 2026 10:51 AM UTC
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
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© 2026 Greater Alabama MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Numen Realty Advisors. Data last updated: September 27, 2026 10:29 AM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating