7051 N Seacrest Blvd, Lantana, FL 33462
Fully licensed detox and residential treatment center with approved bed-count increase for expansion in Palm Beach County.
Property Features for 7051 N Seacrest Blvd
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Investment Insights
Based on property information with market context.
Located at 7051 N Seacrest Blvd in Lantana, Florida, the campus includes 54 designated parking spaces plus unlimited open parking. The seller also notes Palm Beach County Zoning Department approval to increase the total allowable bed count to 180+ beds, elevating the entitlement from the prior 66-bed approval to the additional capacity described for this site.
Designed for behavioral health programming today, the facility’s existing licensed detox and residential setup can support SUD treatment and mental health services. With the stated zoning capacity increase and the described versatility of the site, the campus is also positioned for adaptive reuse pathways such as conversion to an assisted living facility, skilled nursing facility, or multi-family residential, subject to applicable approvals.
Key Highlights
- Fully licensed detox and residential treatment center in Lantana, FL; offering seller financing.
- Zoning approval increases allowable bed count to 180+ beds (from prior 66‑bed approval, plus 100+ additional beds).
- Currently licensed for 14 detox beds and 44 residential beds; 36,625 SF, 4‑story building on 1.34 acres.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.07M | $29.28 |
| − Vacancy | −$48.3k | −$1.32 |
| EGI | $1.02M | $27.96 |
| − OpEx | −$460.9k | −$12.58 |
| NOI | $563.3k | $15.38 |
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