346 E Royal Palm ST, Lake Placid, FL 33852
346 E Royal Palm ST, Lake Placid, FL 33852
346 E Royal Palm ST, Lake Placid, FL 33852
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Listed by Gregory Karlson • ADVANTAGE REALTY #1
$1,200,000
Est. payment /mo
0.9 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 306742

Style One Story

Construction Status Good Condition

HOA Y/N No

Year Built 1996

Annual Tax Amount $13,076

Tax Year 2023

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Commercial

Property Description

Prime US-27 commercial/medical building in the heart of Lake Placid, Florida with excellent highway visibility, monument signage, and full median turn access.
This 6,248± SF former physical therapy facility sits on approximately 0.90 acres and offers an efficient mostly open floor plan that can be easily reconfigured for a variety of medical or professional uses including urgent care, dental, imaging, veterinary, specialty clinic, wellness center, or professional office.
The property features ample paved parking, strong daily traffic counts on US-27, and established site recognition with over 20 years of medical use at this location.
Offered at approximately $190–$200 per SF, this property is priced significantly below replacement cost, creating an excellent opportunity for an owner-user, investor, or medical group seeking a high-visibility location in Highlands County.
Building improvements include a newer roof (approx. 6 years), newer HVAC systems, and resealed parking. The current open layout allows new users to easily customize interior buildout.
Available for purchase at $1,200,000 or lease at $16 PSF gross. Owner will consider lease-purchase structure for qualified users.
Excellent opportunity for medical or professional users seeking highway exposure with direct access and monument signage on US-27.

Location

State FL

County Highlands

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Exterior

Exterior Feature Sprinkler/Irrigation

Parking Features Paved

Water Access Desc Public

Roof Type Rolled/Hot Mop

Building

Lot Description Corner Lot

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style One Story

Level or Stories One

Construction Status Good Condition

Others

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

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://youtu.be/L5RMmvpWx0g


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Steven Anderson

Steven Anderson

+1(863) 664-8900

Broker | License ID: BK3525802

Broker License ID: BK3525802

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