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344 E Royal Palm St Lake Placid, FL 33852

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For Sale
$2,400,000

Two medical buildings totaling 12,496 SF in Lake Placid.

Lot size:
0.82 Acres

Property Features for 344 E Royal Palm St

General Information

Standard status
Active
Lot size
0.82 Acres

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Listing Contact
Gregory S Karlson
Source: Exprealty

Listing Agency: Advantage Realty #1 Listing Agent: Gregory S Karlson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Medical Buildings in Lake Placid

Two finished medical buildings, each approximately 6,247 square feet, are available for purchase. Situated on a corner lot in Lake Placid, Florida, the property offers a potential business opportunity in a growing rural market. The configuration allows for an owner-occupier to utilize approximately 8,000 square feet, while the seller leases back the remaining 4,000 square feet. One building was previously occupied by Cora Physical Therapy. The other building is divided into three spaces; the front was previously occupied by RJB Physical Therapy, and the rear space is currently occupied by the owner’s partner as a pediatric physician, who will lease back the space at fair market value. Approximately 8,000 square feet is currently vacant and easily accessible for showings. Note that the sale is confidential, and a confidentiality agreement is required prior to viewing the occupied space.
Location Intelligence

Current Use by Public Records

Heartland Pediatrics-Lake Plcd: ... Pediatrician Dr. Maria Belina ... Pediatrician RJB Cardiac & Physical ... Physical Therapist Heartland Pediatrics of Lake ... Pediatrician

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

James P. Waller, Jr., DVM, Altvater Leah C DVM, Waltman Jennifer H DVM, Citrus Animal Clinic

Location Insight

  • Map
  • Local Demand
City
Lake Placid
County
Highlands
State
Florida
Longitude
-81.3594689
Latitude
27.2950925

FAQs

What type of property is this?
Medical office - Two medical buildings totaling 12,496 SF in Lake Placid.
Where is this medical office located?
The property is located at 344 E Royal Palm St Lake Placid, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: - Two buildings totaling 12,496 SF, ideal for medical practices.; - Occupy 8,000 SF and generate income from existing tenants.; - Located on a full median turn corner in Lake Placid, FL.
More about this property
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