$1,200,000
346 E Royal Palm Street
Lake Placid, FL 33852
Explore the area: Lake Placid homes for sale · Highlands County real estate
Price Check
How this price compares
- List price
- $1,200,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 732
This commercial property in ZIP 33852 is listed at $1,200,000. It has been on the market for 732 days.
Estimated monthly payment
$6,307 /mo
Principal and interest only, based on $240,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,200,000
- Days on Site
- 732 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.91 Acres
- Year Built
- 1996
- Property Type
- Commercial
- MLS #
- F10453688
- Property Tax
- $13,076 (2023)
- County
- Highlands
- Status
- Active
About This Property
6200+-SF Medical Finished Facility (Previously Physical Theropy) w/ Prime US 27 Hwy Exposure at Full Median Turn Lake Placid, FL.! Use as your Physical Theropy Facility with 20 years of Site Recognition. Average Daily Traffic Count is the highest in Lake Placid 20,400. Don't miss out on this turn key medical property/ opportunity! Priced to sell at only $194 per sq/ft substantially less than it's replacement value and is well maintained with roof only 6 years new, A/C also 1+-year new, resealed parking, etc. Cora Physical Theropy tenant is moving so subject property is being sold as vacant.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1996
- Lot Size (Acres)
- 0.91
- Structure Type
- Warehouse
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- C1
Interior Features
- Cooling
- Central Air
- Heating
- Central
Community & HOA
- Financing Terms
- Cash / Conventional
- MLS Area
- 5940 - Other Florida County
About the Area
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
Frequently Asked Questions
- How do I schedule a tour of 346 E Royal Palm Street, Lake Placid, FL 33852?
- Use the Tour button on this listing to request a showing of 346 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 346 E Royal Palm Street, Lake Placid, FL 33852 still available?
- 346 E Royal Palm Street, Lake Placid, FL 33852 is currently listed as Active, and has been on the market 732 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 346 E Royal Palm Street, Lake Placid, FL 33852?
- With 20% down ($240,000) on the $1,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 346 E Royal Palm Street, Lake Placid, FL 33852 is about $6,307/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 346 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 346 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 346 E Royal Palm Street, Lake Placid, FL 33852?
- Often, yes. The right offer on 346 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.
$1,200,000
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Listed by Gregory S Karlson, Advantage Realty 1
Map & Location
Cities in Highlands County
Zip Codes in Highlands County
Property Types
Recent Sales
Recently sold homes in ZIP 33852
These are the last 6 recorded closings in ZIP 33852, with the price each home actually sold for rather than what it was listed at. They closed at a median of $186 per square foot. The most recent closed on September 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$10,000
Sold · September 23, 2026
1508 Poplar Street
0 bed · 0 bath
$3,990 under the asking price
Sold$270,000
Sold · September 22, 2026
112 Bimini Street NE
3 bed · 0 bath · 1,449 sqft · $186/sqft
$5,000 under the asking price
Sold$84,000
Sold · September 14, 2026
125 PERSIMMON Trail
0 bed · 0 bath
$1,500 under the asking price
Sold$200,000
Sold · September 8, 2026
1515 Spring Lane
4 bed · 2 bath · 1,800 sqft · $111/sqft
$5,000 over the asking price
Sold$9,500
Sold · September 4, 2026
126 Blue Horizon
0 bed · 0 bath
$1,500 under the asking price
Sold$34,000
Sold · September 4, 2026
1012 Wildflower Street
0 bed · 0 bath
$5,900 under the asking price
See every recorded sale in ZIP 33852 or find out what your ZIP 33852 home is worth.