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346 E ROYAL PALM STREET, LAKE PLACID, FL 33852

REPLAT OF ROBERTS GROVE ADD · Highlands County

Key Facts

6,248Sq Ft
1996Year Built
0.90Lot (acres)
1Stories

Description

6200+-SF Medical Finished Facility (Previously Physical Therapy) 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.

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Year Built

1996

Stories

1

Living Area

6,248 sq ft

Lot Size

0.90 acres

Lot Dimensions

202x197

Ownership

Other

Zoning

C1

Days on Market

343

MLS® Listing#

L4947621

Property Features

Cooling

Central Air

Heating

Central

Construction

Block

Foundation

Block

Roof

Other

Financial Details

Annual Taxes

$13,076

Tax year 2023

Parcel Number

P-06-37-30-091-0030-00C0

Directions

US 27 & Hammock Rd south on US 27 to Lake Placid to big blue medical sign on right at the full median turn

Affordability Calculator

$240,000

Estimated monthly payment

$6,387/mo

Principal $960,000 · Est. interest $1,339,285 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in LAKE PLACID, FL

$341,842
Median Listing Price
83
Median Days on Market
1,620
Median Sq Ft
$203
Median Price / Sq Ft
2,457
Active Listings
  • This home’s price is 251% above the area median.
  • Its price per sq ft is 5% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in LAKE PLACID, FL.

Location

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Listing Courtesy: ADVANTAGE REALTY 1 - 863-386-1111

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2024-09-10

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Lakeland. MLS® Listing#L4947621. © 2026EXIT Realty®. All rights reserved.