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    Single-Story Medical Office Building
    Updated: Jul 25, 2024
    Single-Story Medical Office Building

    346 E Royal Palm Street, Lake Placid, FL 33852

    $1,200,000
    6,248 sqft 0.90 AC lot
    6,248+/- SF medical office building on approximately 0.90 acres
    Mostly open floor plan suitable for medical or professional office reconfiguration
    Direct full median turn access from US‑27
    Monument signage and paved parking
    C1 zoning with more than 20 years of medical use history
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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
    Storefront Retail Space
    Updated: Aug 25
    Storefront Retail Space

    60 Tower St, Lake Placid, FL 33852

    $199,900
    1,000 sqft 0.04 AC lot
    Approximately 1,000 square feet of commercial building area
    Strip‑mall storefront setting just off U.S. Highway 27
    0.04‑acre site in Lake Placid
    Built in 1995 with stucco construction and an asphalt roof
    Forced‑air and electric heating systems
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    Commercial Land with Existing Buildings
    Commercial Land with Existing Buildings

    1346 Us 27 Highway N, Lake Placid, FL 33852

    $2,250,000
    7,874 sqft 10.08 AC lot

    R3-zoned property includes existing improvements and paved parking.

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    Medical Facility on US 27
    Medical Facility on US 27

    346 E ROYAL PALM St, Lake Placid, FL 33852

    $1,200,000
    6,200 sqft 0.90 AC lot

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Entitled Commercial Land
    Entitled Commercial Land

    317 Dal Hall Boulevard, Lake Placid, FL 33852

    $249,900
    52,272 sqft

    Approved plans support development of a professional office building on a deed-restricted office site.

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    Highway Frontage Development Opportunity
    Highway Frontage Development Opportunity

    1346 US 27, Lake Placid, FL 33852

    $2,250,000
    10.07 AC lot

    Prime highway frontage property with existing buildings and development potential.

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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
    6,248 sqft

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

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    Mixed-Use Property with Restaurant Space
    Mixed-Use Property with Restaurant Space

    808 S Main Avenue, Lake Placid, FL 33852

    $350,000

    Mixed-use property combining a residential unit with restaurant space.

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    Medical Building For Sale
    Medical Building For Sale

    344 E Royal Palm Street, Lake Placid, FL 33852

    Contact for pricing
    12,496 sqft

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

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    Medical Facility with Highway Exposure
    Medical Facility with Highway Exposure

    346 E Royal Palm Street, Lake Placid, FL 33852

    Contact for pricing
    6,200 sqft

    Turn-key medical facility with prime highway exposure in Lake Placid.

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    Turnkey Restaurant and Office Building
    Turnkey Restaurant and Office Building

    1506 US-27, Lake Placid, FL 33852

    Contact for pricing

    Restaurant seating for 150 with leased office, Quonset hut, and additional workspace within a single building.

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    Single-Story Office Building
    Single-Story Office Building

    801 Us 27 N, Lake Placid, FL 33852

    Contact for pricing

    The property includes multiple offices, a reception area, and prior retail and real estate office use.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Lake Placid, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Warehouse with Office and Roll-Up Doors
    Warehouse with Office and Roll-Up Doors

    600 State Road 66, Sebring, FL 33875

    Contact for pricing
    15,900 sqft 4.60 AC lot

    Fenced industrial property with high clear span warehouse, air-conditioned offices, and multiple roll-up doors for flexible distribution.

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    Sebring Industrial Warehouse with Offices
    Sebring Industrial Warehouse with Offices

    250 DEER E TRAIL, Sebring, FL 33876

    $1,276,800
    9,600 sqft 1.83 AC lot

    9,600+/- SF warehouse with offices on 1.8+ acres.

    View details
    Office Building With Residential Unit
    Office Building With Residential Unit

    7177 S George Boulevard, Sebring, FL 33875

    $4,000,000

    Multi-tenant office property with an upstairs apartment, surface parking, monument signage, and central utilities.

    View details
    Medical Office Complex with Exam Rooms
    Medical Office Complex with Exam Rooms

    3750 Emergency Ln, Sebring, FL 33870

    Contact for pricing

    Multi-unit medical complex near Highlands Regional Medical Center with reception, treatment, office, storage, and support areas.

    View details

    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.

    Commercial Land Parcel
    Commercial Land Parcel

    651 Washington Boulevard, Lake Placid, FL 33852

    Contact for pricing
    0.32 AC lot

    Vacant land parcel in B-2 Community Business zoning, offered for sale in a Highlands Park area.

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    Vacant Land Lot in Neighborhood Business Zone
    Vacant Land Lot in Neighborhood Business Zone

    811 Cr 29, Lake Placid, FL 33852

    Contact for pricing
    0.20 AC lot

    Vacant land lot available for sale in a B-1 Neighborhood Business zoning district.

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    B1-Zoned Commercial Lot
    B1-Zoned Commercial Lot

    949 COUNTY ROAD 29, Lake Placid, FL 33852

    $30,000
    0.20 AC lot

    Vacant commercial land with B1 zoning offers a development site along County Road 29.

    View details
    Vacant Land in Sun N Lakes
    Vacant Land in Sun N Lakes

    1015 Cr 29, Lake Placid, FL 33852

    Contact for pricing
    0.20 AC lot

    Vacant land in Sun N Lakes area, great for building.

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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.

    188 Interlake Blvd
    OFFICE BUILDING (MULTI-STORY)

    188 Interlake Blvd, Lake Placid, FL 33852-9577

    $200,000
    Estimated value
    520 sqft 0.07 AC lot
    View details
    124 Interlake Blvd
    OFFICE BUILDING (MULTI-STORY)

    124 Interlake Blvd, Lake Placid, FL 33852-9577

    $130,000
    Estimated value
    1,606 sqft 0.03 AC lot
    View details
    401 Dal Hall Blvd
    OFFICE BUILDING (MULTI-STORY)

    401 Dal Hall Blvd, Lake Placid, FL 33852-5484

    $50,000
    Estimated value
    4,836 sqft 1.21 AC lot
    View details
    125 Tower St Bldg, Unit 6
    OFFICE BUILDING (MULTI-STORY)

    125 Tower St Bldg, Lake Placid, FL 33852-6836

    Unit 6
    $1,855,000
    Estimated value
    7,664 sqft 1.55 AC lot
    View details
    312 Dal Hall Blvd
    MEDICAL BUILDING

    312 Dal Hall Blvd, Lake Placid, FL 33852-5405

    $325,000
    Estimated value
    1,716 sqft 0.25 AC lot
    View details
    124 County Rd 29
    OFFICE BUILDING (MULTI-STORY)

    124 County Rd 29, Lake Placid, FL 33852-9210

    $330,000
    Estimated value
    720 sqft 1.10 AC lot
    View details
    500 Main Ave
    OFFICE BUILDING (MULTI-STORY)

    500 Main Ave, Lake Placid, FL 33852-2609

    $280,000
    Estimated value
    2,470 sqft 0.21 AC lot
    View details
    6 Main Ave
    OFFICE BUILDING (MULTI-STORY)

    6 Main Ave, Lake Placid, FL 33852-1807

    $270,000
    Estimated value
    1,664 sqft 0.09 AC lot
    View details
    1175 County Rd 29
    OFFICE BUILDING (MULTI-STORY)

    1175 County Rd 29, Lake Placid, FL 33852-9301

    $2,390,000
    Estimated value
    912 sqft 3.83 AC lot
    View details
    27 Ranier Dr
    OFFICE BUILDING (MULTI-STORY)

    27 Ranier Dr, Lake Placid, FL 33852-2408

    $305,000
    Estimated value
    1,500 sqft 0.67 AC lot
    View details
    13 Main Ave
    MEDICAL BUILDING

    13 Main Ave, Lake Placid, FL 33852-2603

    $265,000
    Estimated value
    1,415 sqft 0.07 AC lot
    View details
    165 Interlake Blvd
    OFFICE BUILDING (MULTI-STORY)

    165 Interlake Blvd, Lake Placid, FL 33852-9578

    $185,000
    Estimated value
    1,640 sqft 0.13 AC lot
    View details

    Lake Placid, FL Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Lake Placid, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 98,538 square feet of properties for sale, with an estimated market value of $8,899,800.

    Sale prices for office spaces in Lake Placid, FL start at $199,900, averaging $1,112,475, and reaching up to $2,250,000 — 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

    Medical Office Space 9
    Office Units 6
    Office buildings 2

    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 $1M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Highlands County

    Retail

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