Active346 ROYAL PALM STREET
LAKE PLACID, FL 33852
About this home
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.
Facts & features
Interior
- Living area
- 6,248 sqft
- Heating
- Central
- Cooling
- Central Air
- Stories
- 1
Exterior & lot
- Lot size
- 39,794 sqft (0.9 ac)
- Roof
- Other
- Construction
- Block
Financial
- Annual tax
- $13,076 (2023)
- Price / sqft
- $192/sqft
Property
- Property type
- Single Family
- Year built
- 1996
- Subdivision
- REPLAT OF ROBERTS GROVE ADD
- County
- Highlands
Listing
- Status
- Active
- Days on market
- 343 days
- MLS #
- MFR736727006
- Source
- Stellar MLS
Listed by Gregory Karlson · ADVANTAGE REALTY 1
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 18 comparable sales within 1 mile of LAKE PLACID, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $6,068/mo
- Property tax
- $1,090/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 10, 2024 | Listed | $1,200,000 | — |
NeighbourhoodSample data
Reference scores for LAKE PLACID, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Similar homes nearby
Homes for sale in LAKE PLACID within the same price band.

