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344 E Royal Palm Street, Lake Placid, FL 33852 (MLS# F10471638)

344 E Royal Palm Street, Lake Placid, FL 33852

$2,400,000
Property Type: Commercial Sale Status: Active
Current Price: $2,400,000 List Date: 11/15/2024 Last Modified: 4/30/2026

Overview

Description

12,496+-SF of Finished Medical Bld(s)/6247SF Ea. Located at a full median turn corner in Lake Placid, FL! Bring your medical practice to this growing rural market using 8,000+-SF for yourself with the seller leasing back the remaining 4,000 currently occupying. Front Bld was previously occupied by Cora Physical Therapy with the other bld divided into 3 spaces: front past use was RJB Physical Therapy and the rear remaining space used by owner’s partner as Pediatric Physician to lease back at FMV. Sale is to be confidential as partner tenant does not wish to be disturbed. Please have all buyer’s sign a confidentiality agreement prior to requesting showings of this occupied space. Remaining 8,000+-SF can be shown easily as it is vacant.

Listing Details MLS# F10471638

General Property Information

Property Sub Type
Business
Year Built
1996
Lot Size Area
35754
Lot Size Acres
0.82

Property Features

Business Type: Commercial Flooring: Carpet; Tile; Other Heating: Central Building Construction Materials: Block Cooling: Central Building Listing Terms: Cash; Conventional Roof: Other Sewer: Public Sewer Structure Type: Warehouse Water Source: Public Showing Requirements: Appointment Only; Showing Service

Contract Information

Comp Sale YN
No
Original List Price
2400000

Location and Legal

Country
United States
County Or Parish
Highlands
County Parish Name
Highlands
Street Number
344
Street Direction Prefix
E
Street Name
Royal Palm
Street Suffix
Street
City Name
Lake Placid
State Or Province
FL
Postal Code
33852
Postal Code +4
5020
Area
5940 - Other Florida County
Geographic Area
Other
Parcel Number
P063730091003000C2
Zoning
C1
Directions
From 743 US Highway 27, Head South on US 27 for 16 Miles, Turn Right onto E Royal Palm, Property on Left.

Financial Information

Tax Annual Amount
10812
Tax Year
2023
Tax Assessed/SOH Value
619990
Tax Legal Description
RPLT ROBERTS GROVE ADD 3-96 WLY 76.69 FT AS MEAS ALONG N LINE TR C BLK 3-LESS S 70 FT + ROBERTS GROVE ADD 2-116 LOT 7 BLK 3-LESS S 70 FT + J
Assessor Market Value
619990

Status Change Information

Major Change Timestamp
2024-11-15T04:06:59Z
Major Change Type
New Listing
Status Change Date
2024-11-14

More Information

Section Details

Parcel Number MLX
00C2

Originating Details

Originating System Key
590099019
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Flooring

Carpet
Yes
Tile
Yes
Other
Yes

Structure Type

Warehouse
Yes

Sewer

Public Sewer
Yes

Business Type

Commercial
Yes

Heating

Central Building
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Water Source

Public
Yes

Cooling

Central Building
Yes

Showing Requirements

Appointment Only
Yes
Showing Service
Yes
Listing Office: Advantage Realty #1
IDX
Last Updated: April - 30 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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