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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
0.91Lot (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 Therapy 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 lease at only $16 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.

Property Information

Property Type

Commercial Lease

Sub-Type

Office

Year Built

1996

Stories

1

Living Area

6,248 sq ft

Lot Size

0.91 acres

Lot Dimensions

202x197

Zoning

C1

MLS® Listing#

L4955796

Property Features

Cooling

Central Air

Heating

Central

Construction

Block

Foundation

Block

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$13,943

Tax year 2024

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

$19,841

Estimated monthly payment

$528/mo

Principal $79,363 · Est. interest $110,719 over 30 yrs

Neighborhood Market Statistics

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

$340,417
Median Listing Price
81
Median Days on Market
1,620
Median Sq Ft
$202
Median Price / Sq Ft
2,456
Active Listings
  • This home’s price is 71% below the area median.
  • Its price per sq ft is 92% below the area median.

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

Location

Map showing the location of 346 E ROYAL PALM STREET, LAKE PLACID, FL 33852

Points of Interest in LAKE PLACID, FL

Showing the LAKE PLACID area map.

Nearby Schools

  • Lakeview Christian School

    School · 0.5 mi away

  • Lake Placid Montessori Academy

    Elementary · 0.6 mi away

  • Lake Placid Elementary School

    Elementary · 0.6 mi away

  • Lake Placid High School

    Secondary · 0.8 mi away

  • Lake Placid Middle School

    Secondary · 0.9 mi away

  • Lake Country Elementary School

    Elementary · 2.7 mi away

  • Cracker Trail Elementary School

    Elementary · 10.3 mi away

  • My School An Academy of Early Lrng

    School · 12.6 mi away

  • The Academy at Youth Care Lane

    School · 13.3 mi away

  • Fred Wild Elementary School

    Elementary · 13.6 mi away

  • Heartland Christian School

    Secondary · 13.8 mi away

  • Highlands University Prep School

    School · 13.8 mi away

  • Busy Kids Creative Learning Center

    School · 14.0 mi away

  • Kenilworth School

    School · 14.0 mi away

  • Sebring High School

    Secondary · 14.0 mi away

  • St Catherine Catholic School

    School · 14.3 mi away

  • Sebring Middle School

    Secondary · 14.8 mi away

  • Woodlawn Elementary School

    Elementary · 15.6 mi away

  • Hill Gustat Middle School

    Secondary · 18.0 mi away

  • Sun 'n Lake Elementary School

    Elementary · 19.2 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in LAKE PLACID

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: 2025-09-11

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#L4955796. © 2026EXIT Realty®. All rights reserved.