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    Finished Medical Office Building
    Updated: Sep 20, 2024
    Finished Medical Office Building

    344 E Royal Palm Street, Lake Placid, FL 33852

    $2,400,000
    12,496 sqft 1.70 AC lot
    12,496± SF of finished medical buildings—6247± SF per building
    Buyer use: 8,000± SF available (vacant); seller leasing back remaining 4,000± SF currently occupying
    Medical space divided into 3 areas, with prior uses including Cora Physical Therapy and pediatric physician space
    Built in 1996; concrete block construction
    Utilities/services include public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    344 E Royal Palm Street, Lake Placid, FL 33852

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $127K
      Annual

    • Mortgage

      $524K
      Recorded

    • 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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    Live-Work Log Cabin on Lakefront
    Live-Work Log Cabin on Lakefront

    2200 Us 27 Highway S, Lake Placid, FL 33852

    $399,000
    1,648 sqft 0.90 AC lot

    Zoned B3, featuring US Hwy 27 frontage and lakefront access with a property currently available under a 3-year lease.

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

    346 E Royal Palm Street, Lake Placid, FL 33852

    $1,200,000
    6,248 sqft 0.90 AC lot

    Mostly open medical-office building on US-27 with monument signage and paved parking on a C1-zoned site.

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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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    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 80 Potential Opportunities for your consideration. Besides 8 Active listings in Lake Placid, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    Sebring Medical Office Opportunity
    Sebring Medical Office Opportunity

    3205 Physicians Way, Sebring, FL 33870

    $1,222,600
    8,568 sqft

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

    View details
    Liberty Star Plaza Investment Opportunity
    Liberty Star Plaza Investment Opportunity

    7177 S George Blvd, Sebring, FL 33875

    $4,000,000
    18,600 sqft

    Value-add opportunity with income and upside potential in Central Florida.

    View details
    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.

    View details
    C-1 Zoned Commercial Development Land
    C-1 Zoned Commercial Development Land

    2000 Village Grove Boulevard, Sebring, FL 33870

    $4,750,000
    50.21 AC lot

    Large C-1 commercial parcel with US 27 frontage and an existing 3,177-sf structure.

    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.

    Vacant Land in Highlands Park
    Vacant Land in Highlands Park

    651 Washington BOULEVARD, Lake Placid, FL 33852

    Contact for pricing
    0.32 AC lot

    Vacant land suitable for residential or commercial use.

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    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.

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

    811 Cr 29, Lake Placid, FL 33852

    Contact for pricing
    0.20 AC lot

    Affordable commercial land in Sun N Lakes area, owner financing.

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

    1023 Cr 29, Lake Placid, FL 33852

    Contact for pricing
    0.20 AC lot

    Affordable commercial land in a desirable location. Owner financing available.

    View details

    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

    Value Estimation by Request
    520 sqft 0.07 AC lot
    View details
    124 Interlake Blvd
    OFFICE BUILDING (MULTI-STORY)

    124 Interlake Blvd, Lake Placid, FL 33852-9577

    Value Estimation by Request
    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

    Value Estimation by Request
    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
    $1,755,000
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    720 sqft 1.10 AC lot
    View details
    500 Main Ave
    OFFICE BUILDING (MULTI-STORY)

    500 Main Ave, Lake Placid, FL 33852-2609

    Value Estimation by Request
    2,470 sqft 0.21 AC lot
    View details
    6 Main Ave
    OFFICE BUILDING (MULTI-STORY)

    6 Main Ave, Lake Placid, FL 33852-1807

    Value Estimation by Request
    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

    Value Estimation by Request
    1,500 sqft 0.67 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
    165 Interlake Blvd
    OFFICE BUILDING (MULTI-STORY)

    165 Interlake Blvd, Lake Placid, FL 33852-9578

    Value Estimation by Request
    1,640 sqft 0.13 AC lot
    View details
    1110 Us 27th N
    OFFICE BUILDING

    1110 Us 27th N, Lake Placid, FL 33852-7946

    $630,000
    Estimated value
    1,012 sqft 0.27 AC lot
    View details
    342 Royal Palm St Ste, Unit 1
    OFFICE BUILDING (MULTI-STORY)

    342 Royal Palm St Ste, Lake Placid, FL 33852-5019

    Unit 1
    Value Estimation by Request
    3,000 sqft 0.62 AC lot
    View details
    42 Ranier Dr
    OFFICE BUILDING

    42 Ranier Dr, Lake Placid, FL 33852-2407

    Value Estimation by Request
    200 sqft 0.19 AC lot
    View details
    2 Hickory Ave
    OFFICE BUILDING (MULTI-STORY)

    2 Hickory Ave, Lake Placid, FL 33852-5620

    Value Estimation by Request
    1,600 sqft 0.14 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 8 active listings on our real estate platform. These investment opportunities span a total of 44,140 square feet of properties for sale, with an estimated market value of $10,074,000.

    Sale prices for office spaces in Lake Placid, FL start at $375,000, averaging $1,439,142, 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

    Medical Office Space 9
    Office Units 6
    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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