Medical Facility with Hwy Median
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 Market353
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
Electric, Central Air
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 #569759
(863) 381-4932
Added: Sep 11, 2025
Changed: Aug 19
Last Checked: Aug 29 at 9:06PM
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 finished medical facility offers a turnkey interior layout previously used as a physical therapy setting. The property is described as well maintained, with a roof reported to be approximately 6 years old and HVAC reported to be approximately 1 year old or newer, along with resealed parking.
Located at 346 E Royal Palm Street, the site provides exposure to US 27 with a full median turn. The published average daily traffic count is 20,400.
The property is listed under C1 zoning and is available for lease as a healthcare use consistent with the existing medical finish.
Located at 346 E Royal Palm Street, the site provides exposure to US 27 with a full median turn. The published average daily traffic count is 20,400.
The property is listed under C1 zoning and is available for lease as a healthcare use consistent with the existing medical finish.
Key Highlights
- 6200+-SF medical finished facility previously used for physical therapy
- Prime US 27 Hwy exposure with full median turn in Lake Placid, FL
- Average daily traffic count reported at 20,400
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Finished medical space with prior physical therapy buildout, roof (6 years) and AC (1+ years), on a US 27 median turn.
Where is this medical 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: 6200+-SF medical finished facility previously used for physical therapy; Prime US 27 Hwy exposure with full median turn in Lake Placid, FL; Average daily traffic count reported at 20,400
