Assisted Living
New
For Sale
$1,195,000
13415 Barwick Road, Delray Beach, FL 33445
The sale combines the operating care business with its Delray Beach property.
Property Size4,185 SF
Price / SF$285.54
Days on Market4
Property Features for 13415 Barwick Road
General Information
Standard status
Active
Size
4,185 SF
Property subtype
Business
Building Details
Year Built
1990
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Tavionne Robinson · License #3494933
(561) 255-4328
Source:
Lehmannflorida
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The assisted living property was built in 1990 and includes 8 bedrooms and 4 bathrooms. The seller reports capacity for 14 residents, full occupancy over the past two years, and a waiting list. The operating business is offered together with the real estate, not as a separate sale. Current staff may be interested in continuing, and transition assistance is open for discussion. Buyers should verify operating, financial, licensing, and ownership-transfer details.
Key Highlights
- Seller‑reported capacity for 14 residents
- 8 bedrooms and 4 bathrooms
- Seller reports full occupancy over the past two years and a waiting list
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,362
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,287,240
$1.3M
Cap Rate 7%
$919,457
$919.5K
Cap Rate 9%
$715,133
$715.1K
Market Conditions
NOI Build-Up for 4,185 SF
Gross rent
$122.5K $29.28/SF
− Vacancy
−$5.5K −$1.32/SF
EGI
$117.0K $27.96/SF
− OpEx
−$52.7K −$12.58/SF
NOI
$64.4K $15.38/SF
Area
Palm Beach County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,287,240
Cap Rate 7%
$919,457
Cap Rate 9%
$715,133
Alternative Uses
Best Use
Apartment 5plus
$919.5K
$804.5K – $1.07M
NOI $64,362 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.95M
$2.58M – $3.44M
NOI $206,312 @ 7.0% cap · market cap 17.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33445, FL
32,265
Population
17,584
Households
1.8
Avg Household Size
51
Median Age
39%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
3,983
Density / Sq Mi
$70,748
Median Household Income
$41,169
Median Earnings
$1,991
Median Rent
$282,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Adult Family Care — 3624 Ave De Gien, Delray Beach, FL 33445
- The Villa of Delray LLC — 13415 Barwick Rd, Delray Beach, FL 33445
Frequently Asked Questions
What type of property is this?
Assisted living facility - The sale combines the operating care business with its Delray Beach property.
Where is this assisted living facility located?
The property is located at 13415 Barwick Road Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Seller‑reported capacity for 14 residents; 8 bedrooms and 4 bathrooms; Seller reports full occupancy over the past two years and a waiting list
