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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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3603 Placid Lakes Boulevard , Lake Placid, FL 33852
$1,850,000
Est. Payment: $4,111.11/mo
0 Bed
0 Bath
3000 Sqft
Status: Pending | Days on site: 128
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FLL262500091 - FLL264500055
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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!
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Highlights

Listed by Gregory S Karlson , 863-381-4932 Advantage Realty #1 , 863-386-0303.

Property Type

Commercial Sale
Lot/Acreage
134.09

Year Built

1967

County

Highlands

Area

5940 Florida Other

Listing ID

B26007766

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Carpet,Vinyl
Water:Public

Exterior Features

Garage Capacity:35
Zoning:AU
Roof:Composition,Shingle
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$4,111
Taxes
$334

Home Price

$1,850,000

Loan Details

30 yrs
%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,111.11 $334.08 $0.00 $4,445.19
Yearly $49,333.33 $4,009.00 $0.00 $53,342.33
Total $1,480,000.00 $120,270.00 $0.00 $1,600,270.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Placid, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.