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Offered at $1,200,000Active
beds
—
baths
0
sq ft
—
Built
1996

346 E Royal Palm Street

Lake Placid, FL 33852

About this home

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.

Listing last checked: Listing updated:

Listed by Gregory S Karlson · Advantage Realty 1 · MLS #F10453688

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Details at a glance

Interior2 property facts
Heating
Central
Cooling
Central Air
Building2 property facts
Style
Business
Year built
1996
Land & utilities4 property facts
Lot size
0.91 acres
Water
Public
Sewer
Public Sewer
Zoning
C1
Financial2 property facts
Annual taxes
$13,076
Assessment year
2023

Location

Estimated monthly cost

Explore costs at the $1,200,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$7,158 / monthAdjust
Principal & interest
$6,068
Property tax
$1,090
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $13,076. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 346 E Royal Palm Street

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Request a tour of 346 E Royal Palm Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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