344 Royal Palm StLake Placid, FL 33852

This exceptional investment opportunity presents a 12,496+-square-foot medical office building situated on a high-visibility corner lot in Lake Placid, Florida. The property, constructed in 1996, comprises two buildings totaling 12,496 square feet, with each building offering approximately 6,247 square feet of finished space. One building, previously occupied by Cora Physical Therapy, is currently vacant and readily available for immediate occupancy. The second building is currently partially occupied by a pediatric physician and a physical therapy practice, both leasing back from the seller at fair market value. This arrangement provides a built-in income stream for the new owner. The seller is leasing back approximately 4,000 square feet, leaving over 8,000 square feet available for a new tenant or owner-occupancy. The property's location in a growing rural market makes it an ideal setting for a variety of medical practices. Due to tenant confidentiality, a signed confidentiality agreement is required before showings of the occupied portion of the building. The asking price for this turnkey medical facility is $2,400,000. The property is located at 344 E Royal Palm Street, Lake Placid, FL 33852. This is a rare opportunity to acquire a well-established medical office building in a thriving community.