346 E Royal Palm Street Lake Placid, FL $ 1,200,000
346 E Royal Palm Street
$ 1,200,000
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346 E Royal Palm Street

Lake Placid, FL, 33852
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Lake Placid, FL

for $1,200,000. This building was built in 1996 on a lot size of 0.91.

6200+-SF Medical Finished Facility (Previously Physical Theropy) w/ Prime US 27 Hwy Exposure at Full Median Turn Lake Placid, FL.! Use as your Physical Theropy Facility with 20 years of Site Recognition. Average Daily Traffic Count is the highest in Lake Placid 20,400. Don't miss out on this turn key medical property/ opportunity! Priced to sell at only $194 per sq/ft substantially less than it's replacement value and is well maintained with roof only 6 years new, A/C also 1+-year new, resealed parking, etc. Cora Physical Theropy tenant is moving so subject property is being sold as vacant.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 13,076

Style

Lot Size

0.91

Year Built

1996

Town/City

Lake Placid

County/Region

Highlands

MLS | Web ID

F10453688

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Year Built 1996
Property Subtype Business
Tax Year 2023
Business Type Commercial
County Highlands
Property Type Commercial Sale
Status Active
Directions US 27 & Hammock Rd south on US 27 to Lake Placid to big blue medical sign on right at the full median turn
City Lake Placid
MLS Area 5940 - Other Florida County
Tax Annual Amount 13076
Virtual Tour https://www.propertypanorama.com/346-E-Royal-Palm-St-Lake-Placid-FL-33852/unbranded
Standard Status Active
Property Sub Type Additional Business
Legal Description REPLAT OF ROBERTS GROVE ADD PB 3 PG 96 TR C BLK 3-LESS WLY 76.69 FT AS MEAS ALONG N LINE OF BLK C AND-LESS S 70 FT AND-LESS US 27 R/W
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 39794
Lot Size Acres 0.91
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* Excluded Features
List By
Gregory S Karlson

Listing Agent

Affordability Calculator

$8,478
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$1,090
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/14/2026$1,200,000 Listed Price

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346 E Royal Palm Street, Lake Placid, FL, 33852 is a Commercial Property for sale at $1,200,000 with a lot size of 0.91. 346 E Royal Palm Street was built in 1996. The property's zip code is 33852 which is in Lake Placid, FL