346 Royal Palm StLake Placid, FL 33852

This exceptional 6,200+ square foot medical office building is ideally situated at 346 E Royal Palm Street in Lake Placid, Florida, 33852. Boasting prime visibility on US Highway 27, this property benefits from a full median turn and exceptionally high daily traffic counts – the highest in Lake Placid, averaging 20,400 vehicles. Previously occupied by a physical therapy practice for over 20 years, the building offers established site recognition and is ready for immediate occupancy. The property is being sold vacant, presenting a unique opportunity for a new owner to establish their own practice or adapt the space to suit other medical or professional uses. The building is well-maintained and features a recently replaced roof (less than 6 years old) and a newly updated air conditioning system (less than 1 year old). The parking lot has also been recently resealed. Priced competitively at $1,200,000 ($194 per square foot), this represents a significant value compared to replacement cost. This turnkey property offers a rare chance to acquire a high-visibility, well-maintained commercial building in a thriving location. Don't miss this opportunity to own a piece of Lake Placid's commercial landscape. The building was constructed in 1996 and sits on a lot with no recorded square footage.