346 E Royal Palm St, photo 1
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Overview

0 ba6,248 sqftOffice
TypeOffice
HOANone listed
Built1996
Lot39,794 sqft
Living area6,248 sqft
Price / sqft$192

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About this home

346 E Royal Palm St is a 1996-built home in Replat Of Roberts Grove Add, Lake Placid. Listed at $1,200,000 (about $192/sqft), 763 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

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The essentials

Built
1996
Price / sqft
$192
On market
763 days
Annual tax
$13,076
Flood zone
X · Low risk
Lot
39,794 sqft
Type
Office

At a glance

Single family
Built 1996
0.90 acres
Lot size
6,248 sqft
Living area

Payment

Est. monthly payment
$7,948/mo
Down payment (20%)
$240,000
Property taxes
$1,090/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Office
Year Built
1996
Lot
39,794 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
763
Flood Zone X
Annual Tax (2023)
$13,076
Parcel #
P-06-37-30-091-0030-00C0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Replat Of Roberts Grove Add
County
Highlands
MLS Area
33852 - Lake Placid
Lot Size
39,794 sqft

Price history

Date
Event
Price
9/10/2024
Listed for sale
Source: Stellar MLS #L4947621
$1,200,000
$192/sqft

Neighborhood

346 E Royal Palm St
Lake Placid, FL, 33852 · 33852 - Lake Placid

Market insights

Offer Insights

Choose an offer strength

List price: $1,200,000
$1.11M – $1.20M
92.6% – 100% of listTops out right at the list price
80% of listList price
34 of the last 66 home closings in 33852 landed at this number or higher (52%). The median one sat 46 days before it went under contract, and this one is on day 763.

Sample: 66 closed home sales in 33852 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$7,948/mo
Principal & interest$6,258
Property taxes$1,090
Insurance$600
Down payment20% · $240,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,200,000

$192 per sq ft

Size

6,248 sq ft

Time on market

763 days

Year built

1996

Monthly payment

About $7,948/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $13,076 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byADVANTAGE REALTY 1Listing agent: Gregory KarlsonListing data from Stellar MLS, MLS# L4947621.

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