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    Lake Placid, FL
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    Lake Placid, FL Healthcare Properties for Sale

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    Sebring, FL Lorida, FL Venus, FL Avon Park, FL
    Medical Office Building with Signage
    Updated: Jul 25, 2024
    Medical Office Building with Signage

    346 E Royal Palm Street, Lake Placid, FL 33852

    $1,200,000
    6,248 sqft 0.90 AC lot
    6,248+/- SF former physical therapy facility on approx. 0.90 acres in Lake Placid, FL
    US‑27 commercial/medical building with monument signage and full median turn access
    Mostly open interior floor plan that can be reconfigured for medical or professional uses
    Ample paved parking and strong daily traffic counts on US‑27
    Building built in 1996 with concrete block construction and stucco exterior; public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    346 E Royal Palm Street, Lake Placid, FL 33852

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $909K
      Suggested

    • Last Sold

      Apr 2010
      $755K

    • Property Type

      Medical Building
      Built 1996
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    Two-Building Medical Office Campus
    Updated: Nov 14, 2024
    Two-Building Medical Office Campus

    344 E ROYAL PALM STREET #1, Lake Placid, FL 33852

    $2,400,000
    12,496 sqft
    12,496+-SF of finished medical buildings in Lake Placid, FL (2 building portions).
    One portion is vacant with 8,000+-SF available for a new medical practice.
    Seller leasing back the remaining 4,000+-SF currently occupied by a tenant.
    Second building is divided into 3 spaces: previously Cora Physical Therapy, RJB Physical Therapy, and pediatric physician space.
    Vacant 8,000+-SF portion is available for easy showings.
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    Medical Buildings in Lake Placid
    Medical Buildings in Lake Placid

    344 E Royal Palm Street, Lake Placid, FL 33852

    $2,400,000
    12,496 sqft 0.82 AC lot

    Two medical buildings totaling 12,496 square feet in Lake Placid.

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    Multi-Building Medical Center
    Multi-Building Medical Center

    1-344 E Royal Palm St, Lake Placid, FL 33852

    $2,400,000

    Two finished medical buildings totaling about 12,496 SF, with space available for an owner-operator to occupy.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 4 Active listings in Lake Placid, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sebring Commercial Building For Sale
    Sebring Commercial Building For Sale

    343 S Commerce Avenue, Sebring, FL 33870

    $399,000
    2,886 sqft 0.17 AC lot

    Commercial building in downtown Sebring, an excellent investment opportunity.

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    Absolute NNN Medical Office Portfolio
    Absolute NNN Medical Office Portfolio

    1148 E. Gibson Street, Arcadia, FL 34266

    $22,595,000
    72,964 sqft

    Nine-unit medical office portfolio fully leased to MCR Health under an absolute NNN structure.

    View details
    Veterinarian Office with Expansion Potential
    Veterinarian Office with Expansion Potential

    2865 SE HIGHWAY 31, Arcadia, FL 34266

    $355,000
    0.57 AC lot

    Versatile property suitable for veterinary or medical practices.

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    Two-Story Medical Office Building
    Two-Story Medical Office Building

    2237 Us 27 Highway S, Sebring, FL 33870

    $2,500,000
    10,326 sqft 1.04 AC lot

    Fully leased Heart Center medical office building anchored by AdventHealth, located directly on US Highway 27.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B1 Zoned Commercial Land Parcel
    B1 Zoned Commercial Land Parcel

    731 COUNTY ROAD 29, Lake Placid, FL 33852

    Contact for pricing
    0.20 AC lot

    Small commercial land parcel in B1 zoning, permitting a range of retail, personal service, medical, and certain institutional uses.

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    Little Lake Jackson Development Opportunity
    Little Lake Jackson Development Opportunity

    136-142 West Lake Dr Boulevard, Sebring, FL 33875

    $999,000
    56,628 sqft 2.00 AC lot

    Prime 2+-acre lots next to Harder Hall Resort Club.

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    Prime Corner Acreage For Sale
    Prime Corner Acreage For Sale

    1596 US Hwy 27, Avon Park, FL 33825

    Contact for pricing
    2.50 AC lot

    2.5+-acre hard corner ideal for commercial development near Walmart.

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    Commercial Land with Major Road Frontage
    Commercial Land with Major Road Frontage

    891 W Hickpochee Avenue, Labelle, FL 33935

    $624,900
    1.95 AC lot

    Commercial land offering approximately 275 feet of State Road 80 frontage and B-2 zoning for a range of uses.

    View details

    Off-Market Properties in Lake Placid, FL

    Consider similar Off-Market properties in Lake Placid, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    312 Dal Hall Blvd
    MEDICAL BUILDING

    312 Dal Hall Blvd, Lake Placid, FL 33852-5405

    Value Estimation by Request
    1,716 sqft 0.25 AC lot
    View details
    125 Tomoka S Blvd
    HOMES (RETIRED, NURSING)

    125 Tomoka S Blvd, Lake Placid, FL 33852-8123

    $2,725,000
    Estimated value
    61,410 sqft 5.00 AC lot
    View details
    13 Main Ave
    MEDICAL BUILDING

    13 Main Ave, Lake Placid, FL 33852-2603

    Value Estimation by Request
    1,415 sqft 0.07 AC lot
    View details
    93 Balmoral Dr
    HOMES (RETIRED, NURSING)

    93 Balmoral Dr, Lake Placid, FL 33852-7000

    $3,190,000
    Estimated value
    62,102 sqft 3.68 AC lot
    View details
    1297 Us 27th N
    HOMES (RETIRED, NURSING)

    1297 Us 27th N, Lake Placid, FL 33852-7907

    $7,665,000
    Estimated value
    42,890 sqft 5.59 AC lot
    View details
    211 Us 27th S
    MEDICAL BUILDING

    211 Us 27th S, Lake Placid, FL 33852-7920

    Value Estimation by Request
    3,150 sqft 0.40 AC lot
    View details
    316 Interlake Blvd
    MEDICAL BUILDING

    316 Interlake Blvd, Lake Placid, FL 33852-9653

    Value Estimation by Request
    2,000 sqft 0.43 AC lot
    View details
    1346 Us 27th N
    HOSPITAL - PRIVATE

    1346 Us 27th N, Lake Placid, FL 33852-7950

    $695,000
    Estimated value
    2,777 sqft 10.07 AC lot
    View details
    208 Interlake Blvd
    MEDICAL BUILDING

    208 Interlake Blvd, Lake Placid, FL 33852-9639

    Value Estimation by Request
    1,800 sqft 0.30 AC lot
    View details
    150 Dal Hall Blvd
    MEDICAL BUILDING

    150 Dal Hall Blvd, Lake Placid, FL 33852-6596

    Value Estimation by Request
    1,826 sqft 0.57 AC lot
    View details
    346 Royal Palm St
    MEDICAL BUILDING

    346 Royal Palm St, Lake Placid, FL 33852-5055

    $630,000
    Estimated value
    6,248 sqft 0.91 AC lot
    View details
    77 Us 27th N
    MEDICAL BUILDING

    77 Us 27th N, Lake Placid, FL 33852-9571

    Value Estimation by Request
    2,854 sqft 0.55 AC lot
    View details
    511 Interlake Blvd
    MEDICAL BUILDING

    511 Interlake Blvd, Lake Placid, FL 33852-0703

    Value Estimation by Request
    2,622 sqft 0.42 AC lot
    View details
    408 Interlake Blvd
    MEDICAL BUILDING

    408 Interlake Blvd, Lake Placid, FL 33852-0700

    Value Estimation by Request
    4,123 sqft 0.34 AC lot
    View details
    401 Interlake Blvd
    MEDICAL BUILDING

    401 Interlake Blvd, Lake Placid, FL 33852-0701

    Value Estimation by Request
    4,500 sqft 0.42 AC lot
    View details
    201 Us 27th S
    MEDICAL BUILDING

    201 Us 27th S, Lake Placid, FL 33852-7904

    Value Estimation by Request
    3,920 sqft 0.40 AC lot
    View details
    225 Us Hwy
    Medical Office Space

    225 Us Hwy, Lake Placid, FL 33852

    Value Estimation by Request
    2,995 sqft
    View details
    225 Us Hwy
    Medical Office Space

    225 Us Hwy, Lake Placid, FL 33852

    Value Estimation by Request
    0.46 AC lot
    View details
    225 Us Hwy
    Medical Office Space

    225 Us Hwy, Lake Placid, FL 33852

    Value Estimation by Request
    1,450 sqft
    View details
    120 Us Hwy
    Medical Office Space

    120 Us Hwy, Lake Placid, FL 33852

    Value Estimation by Request
    3,500 sqft
    View details

    Lake Placid, FL Healthcare Properties Market Trends and Statistics

    Explore 31 healthcare properties for sale in Lake Placid, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 31,240 square feet of properties for sale, with an estimated market value of $8,400,000.

    Sale prices for medical real estate in Lake Placid, FL start at $1,200,000, averaging $2,100,000, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 3
    Rehabilitation centers 1
    Spa & wellness properties 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.0%
    Median Household Income $54,841
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

    Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33852 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.38%
    Property Tax per SF $22.67 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Highlands County

    New Delisted

    Total CRE Inventory on Market (SF)

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