Single-Story Rehabilitation
For Lease
$16 SF/Yr
346 E Royal Palm Street, Lake Placid, FL 33852
Commercial, Single Story, Lake Placid, FL
Space Size6,200 SF
Lot Size0.90 Acres
Days on Market359
Property Features for 346 E Royal Palm Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C1
Directions
US 27 & Hammock Rd south on US 27 to Lake Placid to big blue medical sign on right at the full median turn
Standard status
Active
APN
P-06-37-30-091-0030-00C0
Size
6,248 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
REPLAT OF ROBERTS GROVE ADD PB 3 PG 96 TR C BLK 3-LESS WLY 76.69 FT AS MEAS ALONG N LINE OF BLK C AND-LESS S 70 FT AND-LESS US 27 R/W
Tax Annual Amount
13943
Legal Description
REPLAT OF ROBERTS GROVE ADD PB 3 PG 96 TR C BLK 3-LESS WLY 76.69 FT AS MEAS ALONG N LINE OF BLK C AND-LESS S 70 FT AND-LESS US 27 R/W
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
1996
Floors in Building
1
Building materials
Concrete Block
Architectural style
Other
Listing Agency:
ADVANTAGE REALTY #1
(863) 386-0303
Listed By:
Gregory Karlson · License #F10542710
(863) 381-4932
Added: Sep 11, 2025
Changed: Sep 3
Last Checked: Sep 4 at 7:06PM
MLS# 317347
Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,248-square-foot, single-story rehabilitation center is configured as a finished medical facility and was previously used for physical therapy. The concrete-block building was constructed in 1996 and includes central electric heating and cooling, along with public sewer service. The property encompasses 0.9 acres and carries C1 zoning.
Positioned on US 27 in Lake Placid, the facility has full median-turn access and reported average daily traffic of 20,400. The site includes resealed parking, while the roof and air-conditioning system have been updated within the timeframes stated for the property. Its existing medical buildout and highway exposure support continued consideration for rehabilitation or related healthcare operations.
Positioned on US 27 in Lake Placid, the facility has full median-turn access and reported average daily traffic of 20,400. The site includes resealed parking, while the roof and air-conditioning system have been updated within the timeframes stated for the property. Its existing medical buildout and highway exposure support continued consideration for rehabilitation or related healthcare operations.
Key Highlights
- 6,248‑square‑foot finished rehabilitation facility on 0.9 acres
- Previously operated as a physical therapy facility
- US 27 exposure with full median‑turn access
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
Explore this area
Business Placement
Demographics for 33852, FL
21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Rehabilitation center - Finished medical space with central HVAC, public sewer, and direct US 27 exposure.
Where is this rehabilitation center located?
The property is located at 346 E Royal Palm Street Lake Placid, FL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 6,248‑square‑foot finished rehabilitation facility on 0.9 acres; Previously operated as a physical therapy facility; US 27 exposure with full median‑turn access
