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Medical Facility with Hwy Median Turn

346 E Royal Palm Street Lake Placid, FL 33852

Claim this Listing
For Lease
$8,267/Mo $15.88 SF/Yr (calc)

COMMERCIAL - Lake Placid, FL

Property size:
6,248 SF
Lot size:
0.90 Acres
Added:
Sep 11, 2025
Days on Market:
307
Last Refresh:
Jul 14 at 10:06 am

Property Features for 346 E Royal Palm Street

General Information

Property type
Commercial Lease
Property subtype
Other
Zoning
C1
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

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air

Building Details

Year built
1996
Floors in Building
1
Building materials
Concrete Block
Architectural style
Other

Listing agent Gregory Karlson License #3229372

Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL

Listing date Sep 11, 2025

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.

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 Location Intelligence

Current Use by Public Records

Sandi M. Holmes, ... Physician

Suggested Use

Electrical Service Butcher Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Cosmetic Store Pet Grooming Service

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

FAQs

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 $8,267 /Mo.
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
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More about this property
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