344 E ROYAL PALM STREET #1 Lake Placid, FL $ 2,400,000
344 E ROYAL PALM STREET #1
$ 2,400,000
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344 E ROYAL PALM STREET #1

Lake Placid, FL, 33852
$ 2,400,000
Bedrooms-- Baths-- Sq 12,496

Monthly Estimate*

$ 14,973

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Commercial Property for sale in Lake Placid, FL

for $2,400,000. This 12,496 square foot building was built in 1996 on a lot size of 1.7.

12,496+-SF of Finished Medical Bld(s)/6247SF Ea. Located at a full median turn corner in Lake Placid, FL! Bring your medical practice to this growing rural market using 8,000+-SF for yourself with the seller leasing back the remaining 4,000 currently occupying. Front Bld was previously occupied by Cora Physical Theropy with the other bld divided into 3 spaces:front past use was RJB Physical Theropy and the rear remaining space used by owner’s partner as Pediatric Physician to lease back at FMV. Prime medical blds don’t come available often so secure these today before they are SOLD! Sale is to be confidential as partner tenant does not wish to be disturbed. Please have all buyer’s sign a confidentiality agreement prior to requesting showings of this occupied space. Remaining 8,000+-SF can be shown easily as it is vacant.

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Commercial Active

Price

$ 2,400,000

Property Type

Commercial

Taxes

$ 10,812

Style

Office

Lot Size

1.7

Year Built

1996

Town/City

Lake Placid

County/Region

Highlands

MLS | Web ID

L4948862

Features
General
Sewer public sewer
Heating central
Cooling central air
Possession close of escrow
Zoning c1
Construction Materials block concrete
Year Built 1996
Unit Number 1
Property Subtype office
Tax Year 2023
Ownership other
County highlands
New Construction no
Property Type commercial sale
HOA N
Subdivision Name rplt roberts grove add
Status active
Directions from 743 us highway 27 head south on us 27 for 16 miles turn right onto e royal palm property on left.
City lake placid
MLS Area 33852 - lake placid
Lot Size Units acres
Lot Size Square Feet 74052
Listing Terms cash conventional
Tax Annual Amount 10812.15
Additional Parcels Y/N no
Virtual Tour https://www.propertypanorama.com/instaview/stellar/l4948862
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 7
Legal Description rplt roberts grove add 3-96 wly 76.69 ft as meas along n line tr c blk 3-less s 70 ft + roberts grove add 2-116 lot 7 blk 3-less s 70 ft + j m andrews sub 1-106b all lots 1-2 blk 2 + lots 11-12 blk 2
Water Access Y/N no
Water View Y/N no
Flood Zone Code x
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Interior
Flooring carpet linoleum tile
Total Stories 1
Air Conditioning Y/N yes
Heating Y/N yes
Total Baths 0
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Exterior
Water Source public
Lot Size Area 1.7
Foundation Details concrete perimeter
Number of Buildings 2
Building Area Total 12496
Lot Dimensions 200 x 370
Lot Size Acres 1.7
Road Surface Type paved
Waterfront Y/N no
Road Frontage Type highway
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Internal Only
Street Number 1 344
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* Excluded Features
List By
Advantage Realty 1

Broker

gregadvantagerealty@gmail.com

Email

Affordability Calculator

$15,874
Per Month
94%
6%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
$901
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2024$2,400,000 Listed Price

Map


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344 E ROYAL PALM STREET #1, Lake Placid, FL, 33852 is a Commercial Property for sale at $2,400,000 with 12,496 sqft and a lot size of 1.7. 344 E ROYAL PALM STREET #1 was built in 1996. The property's zip code is 33852 which is in Lake Placid, FL