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344 E Royal Palm Street, Lake Placid, FL 33852
Active
581 Days on Market
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$2,400,000

344 E Royal Palm Street

Lake Placid, FL 33852

Explore the area: Lake Placid homes for sale · Highlands County real estate

How this price compares

List price
$2,400,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
581

This commercial property in ZIP 33852 is listed at $2,400,000. It has been on the market for 581 days.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1996
Year Built

Estimated monthly payment

$12,613 /mo

Principal and interest only, based on $480,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$2,400,000
Days on Site
581 Days
Bedrooms
0
Total Baths
0
Lot Size
0.82 Acres
Year Built
1996
Property Type
Commercial
MLS #
F10471638
Property Tax
$10,812 (2023)
County
Highlands
Status
Active

About This Property

12,496+-SF of Finished Medical Bld(s)/6247SF Ea. Located at a full median turn corner in Lake Placid, FL! Bring your medical practice to this growing rural market using 8,000+-SF for yourself with the seller leasing back the remaining 4,000 currently occupying. Front Bld was previously occupied by Cora Physical Therapy with the other bld divided into 3 spaces: front past use was RJB Physical Therapy and the rear remaining space used by owner’s partner as Pediatric Physician to lease back at FMV. Sale is to be confidential as partner tenant does not wish to be disturbed. Please have all buyer’s sign a confidentiality agreement prior to requesting showings of this occupied space. Remaining 8,000+-SF can be shown easily as it is vacant.

Virtual Tour

General Features

Property Type
Commercial
Status
Active
Year Built
1996
Lot Size (Acres)
0.82
Structure Type
Warehouse
Sewer
Public Sewer
Water Source
Public
Zoning
C1

Interior Features

Cooling
Central Air
Heating
Central
Flooring
Carpet / Other / Tile

Exterior Features

Construction
Block
Roof
Other

Community & HOA

Financing Terms
Cash / Conventional
MLS Area
5940 - Other Florida County

Browse Lake Placid homes for sale across every neighborhood and price point in Highlands. Available homes span single-family, townhome, and condo segments throughout the city. Lake Placid includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Highlands, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Highlands market data, see Florida Realtors' monthly statistics. Browse the latest Lake Placid listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
336
Median List Price
$350,000
Median $/Sq Ft
$218
Avg Days on Market
159
View all 336 homes for sale in Lake Placid →
How do I schedule a tour of 344 E Royal Palm Street, Lake Placid, FL 33852?
Use the Tour button on this listing to request a showing of 344 E Royal Palm Street, Lake Placid, FL 33852. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 344 E Royal Palm Street, Lake Placid, FL 33852 still available?
344 E Royal Palm Street, Lake Placid, FL 33852 is currently listed as Active, and has been on the market 581 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 344 E Royal Palm Street, Lake Placid, FL 33852?
With 20% down ($480,000) on the $2,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 344 E Royal Palm Street, Lake Placid, FL 33852 is about $12,613/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 344 E Royal Palm Street, Lake Placid, FL 33852?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 344 E Royal Palm Street, Lake Placid, FL 33852. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 344 E Royal Palm Street, Lake Placid, FL 33852?
Often, yes. The right offer on 344 E Royal Palm Street, Lake Placid, FL 33852 depends on how it's priced against comparable commercial sales in Lake Placid, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Advantage Realty #1

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$2,400,000

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Listed by Gregory S Karlson, Advantage Realty #1

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