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    Lake Placid, FL
    Medical Premises

    Lake Placid, FL Medical Office Space for Sale

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    Sebring, FL Lorida, FL Venus, FL Avon Park, FL
    7 properties
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    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
    View Property Analytics
    Medical Office Campus with Highway Frontage
    Updated: Jan 19
    Medical Office Campus with Highway Frontage

    1346 Us 27 Highway N, Lake Placid, FL 33852

    $2,250,000
    7,874 sqft 10.08 AC lot
    Over 10 acres of frontage on US Highway 27 with a dedicated highway crossover and deceleration lanes in both directions
    Three existing buildings totaling 7,874 SF built as model homes; previously used as medical offices and maintained in good, clean condition
    Currently configured with 40 paved parking spaces across the site
    R3 zoning permits a wide range of uses including medical and professional offices, single- and multi‑family housing, apartments, condos, hotels/motels, and assisted living/nursing care
    Located adjacent to AdventHealth hospital, medical offices, and a Health & Rehabilitation Center to the south, with Tomoka Heights community adjacent to the north and west
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    Medical Office Land with Buildings
    Medical Office Land with Buildings

    1346 US 27, Lake Placid, FL 33852

    $2,250,000
    7,874 sqft

    More than 10 acres along US Highway 27 with three maintained buildings and paved parking for medical or professional use.

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    Medical Facility with Highway Exposure
    Medical Facility with Highway Exposure

    346 E Royal Palm Street, Lake Placid, FL 33852

    $1,200,000
    6,200 sqft 0.91 AC lot

    Turn-key medical facility with high traffic exposure in Lake Placid.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Two-Building Medical Office Campus
    Two-Building Medical Office Campus

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

    $2,400,000
    12,496 sqft

    Finished medical buildings total 12,496± SF, with one building portion vacant and the balance leased back.

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    Medical Office in Lake Placid
    Medical Office in Lake Placid

    204-206 W INTERLAKE BOULEVARD, Lake Placid, FL 33852

    $375,000
    1,800 sqft 0.33 AC lot

    Profitable location suitable for medical or dental practice.

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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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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 7 Active listings in Lake Placid, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 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.

    Corner Lot Medical Office Building
    Corner Lot Medical Office Building

    1659 Us Highway 27 N, Avon Park, FL 33825

    $799,000
    4,020 sqft 0.76 AC lot

    Two-unit medical or professional office building on US Highway 27 with one move-in-ready suite and one vacant suite for buildout.

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    Downtown Retail/Clinic Building
    Downtown Retail/Clinic Building

    15 S VERONA Avenue, Avon Park, FL 33825

    $147,500
    1,200 sqft 0.09 AC lot

    Former clinic building on a downtown high-traffic street with an attached 15-by-30 storage structure.

    View details
    Sebring Medical Office Opportunity
    Sebring Medical Office Opportunity

    3205 Physicians Way, Sebring, FL 33870

    Contact for pricing
    8,568 sqft

    Strategically located medical office space in Sebring, Florida for sale.

    View details
    Medical/Office Building Near HCA Hospital
    Medical/Office Building Near HCA Hospital

    3315-3345 Medical Hill Rd., Sebring, FL 33870

    Contact for pricing
    12,350 sqft

    Free-standing medical/office building near HCA Hospital with national tenant.

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    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.

    Prime Medical Corridor Acreage
    Prime Medical Corridor Acreage

    310 Medical Center Avenue, Sebring, FL 33870

    $185,000
    1.00 AC lot

    1-acre assemblage behind HCA Hospital, ideal for development.

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    Corner Commercial Development Lot
    Corner Commercial Development Lot

    203 EMERALD Avenue, Lake Wales, FL 33853

    $149,000
    0.22 AC lot

    Vacant corner lot with frontage on Emerald Ave and 2nd St, zoned C-2, with paved bonus area.

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    Commercial Vacant Lot For Sale
    Commercial Vacant Lot For Sale

    3104 CARDIFF St, Punta Gorda, FL 33983

    $95,000

    Prime commercial lot in growing Punta Gorda area.

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    CG Zoned Commercial Development Land
    CG Zoned Commercial Development Land

    Unnamed US17 I75 EXIT 164 Street, Punta Gorda, FL 33950

    $2,500,000
    2.57 AC lot

    Commercially zoned land offered for sale near a major corridor exit, sized for small commercial development.

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    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
    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
    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
    225 Us 27th S
    MEDICAL BUILDING

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

    $680,000
    Estimated value
    8,419 sqft 0.52 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 Medical Office Space Market Trends and Statistics

    Explore 30 medical office space for sale in Lake Placid, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 42,492 square feet of properties for sale, with an estimated market value of $12,075,000.

    Sale prices for medical spaces in Lake Placid, FL start at $375,000, averaging $1,725,000, 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

    Office Units 13
    Medical Office Space 8
    Office buildings 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 $1.2M

    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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