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$1,200,000 - 346 E Royal Palm Street, LAKE PLACID

-
Bedrooms
-
Baths
6,248
SQ. Feet
0.9
Acres

Under contract-accepting backup offers. 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.

Essential Information

  • MLS® #:
    L4947621
  • Price:
    $1,200,000
  • Square Footage:
    6,248
  • Acres:
    0.90
  • Year Built:
    1996
  • Type:
    Commercial Sale
  • Sub-Type:
    Office
  • Status:
    Pending

Community Information

  • Address:
    346 E Royal Palm Street
  • Area:
    Lake Placid
  • Subdivision:
    REPLAT OF ROBERTS GROVE ADD
  • City:
    LAKE PLACID
  • County:
    Highlands
  • State:
    FL
  • Zip Code:
    33852-5055

Interior

  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    1

Exterior

  • Roof:
    Other
  • Foundation:
    Block

Additional Information

  • Days on Market:
    679
  • Zoning:
    C1

Listing Details

  • Listing Office:
    Advantage Realty 1

Listing information courtesy of Advantage Realty 1.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on August 16th, 2026 at 9:07am EDT.