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4100 Carter Creek Dr - Highlands Ridge Golf Course 5,843 SF Sports & Entertainment Building Offered at $4,950,000 at a 14.28% Cap Rate in Avon Park, FL 33825
Investment Highlights
- 14.28% cap rate - Award-winning 18-hole golf course located in Central FL, designed by world renowned architect, Dave Harmon
- Upscale clubhouse including pro shop and the recently remodeled Highlands Pub
- More information for the Development Land can be found at: www.northco.com/properties/FLdevelopmentland
- Turn-key operation on 243 acres and plays over 7,100 yards with extensive practice facilities
- Additionally available at a separate sale price is 123 acres of adjacent development land
- Broker of Record: Mark Bodnar at Mark Bodnar Realty
Executive Summary
SVN | Northco is pleased to present the listing of Highlands Ridge Golf Course ("Property"), an exquisite 18-hole golf course nestled in the scenic beauty of Avon Park, Florida. Spread across 243 acres of lush landscape, this premier golfing destination offers a picturesque setting for golf enthusiasts of all levels. The Property is a turn-key operation with a clubhouse including pro shop, Highlands pub, practice facilities and maintenance buildings & equipment. Known as "One of the Best-Designed Courses" in Central Florida, the course plays over 7,100 yards and has 5 tee boxes with wide open fairways, offering challenges to golfers of all abilities. The sellers have made many recent capital improvements making this a great opportunity for the next owner to step into.
Property Facts
| Price | $4,950,000 | Building Class | B |
| Price Per SF | $847.17 | Lot Size | 243.00 AC |
| Sale Type | Investment | Building Size | 5,843 SF |
| Cap Rate | 14.28% | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built | 1990 |
| Property Subtype | Golf Course/Driving Range | ||
| Zoning | AU - Agricultural Residential Zoning: lands devoted to agricultural pursuits and single-family residential development of spacious character | ||
| Price | $4,950,000 |
| Price Per SF | $847.17 |
| Sale Type | Investment |
| Cap Rate | 14.28% |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | B |
| Lot Size | 243.00 AC |
| Building Size | 5,843 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Zoning | AU - Agricultural Residential Zoning: lands devoted to agricultural pursuits and single-family residential development of spacious character |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $75,232 | |
| Land Assessment | $287,622 | Total Assessment | $362,854 |
Property Taxes
Parcel Numbers
Land Assessment
$287,622
Improvements Assessment
$75,232
Total Assessment
$362,854
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4100 Carter Creek Dr - Highlands Ridge Golf Course
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