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Active - Office for sale

346 E ROYAL PALM STREET, Lake Placid, FL

6,248 sqft

Facts & features

Office Property type
795 days on Beycome
1996 Year built
$192 Price/Sqft.
39,794 sqft Lot size

Why you’ll love it

6200+-SF Medical Finished Facility (Previously Physical Therapy) 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.

Translating description...

Listings courtesy of ADVANTAGE REALTY 1 as distributed by MLS GRID.

Listed by: Gregory Karlson • gregadvantagerealty@gmail.com • ADVANTAGE REALTY 1

Co-listed by: ADVANTAGE REALTY 1

Source: Stellar MLS as distributed by MLS GRID, MLS#: L4947621 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$780,000$1,620,000
1%20%
0%90%
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Estimated monthly payment

$7,158/mo

  • Mortgage$6,068
  • Property tax$1,090
  • HOA fee
  • Homeowners insurance
Due at closing$954,000
Down payment held in escrow$240,000
Closing costs$18,000
beycome credit Est.$24,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$24,000 Credit back

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Travel times

About Replat Of Roberts Grove Add

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,200,000 Listed price

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$24,000 Credit back

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