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    291 Awin Cir Palm Bay, FL 32909

    For Lease
    $20 SF/Yr

    Lease this 6-bed ALF in quiet SE location.

    Lot size:
    2,065 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,065 sq. ft. special purpose property presents a unique leasing opportunity for healthcare entrepreneurs. Currently vacant, this fully certified assisted living facility is licensed for six residents and boasts a convenient location in a peaceful residential neighborhood. The property includes a sprinkler system and fire alarm, ensuring a safe and secure environment for residents and staff. A private office provides administrative space, and a two-car garage offers ample parking. The facility is ready for immediate occupancy, allowing for a swift start to operations. While the property is equipped with essential safety features, the lessee is responsible for patient acquisition, providing and maintaining necessary furniture and equipment, including a portable generator, and adhering to all relevant care standards. This flexible 6-patient accommodation model offers a scalable platform for specialized care services. The property's compliance with all assisted living regulations ensures a smooth transition for new operators. This is an ideal investment for those seeking a turnkey solution in a thriving market. Don't miss this chance to establish your assisted living business in a desirable setting.

    Property Features for 291 Awin Cir

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,065 SF

    Unit(s) available at that property

    Space
    Size
    2,065 SF
    Rate per SF
    $20

    HighLights

    • 2,065 SF Special Purpose building, single‑tenant occupancy.
    • Vacant, certified assisted living facility licensed for six beds.
    • Features a sprinkler system and fire alarm, private office, and two‑car garage.
    • Ideal for healthcare entrepreneurs seeking a ready‑to‑use facility.
    • Lessee responsible for patient acquisition, providing/securing a generator and furniture, and maintaining care standards.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Nail Salon Clothing Store Building Supply Auto Repair Shop Pharmacy Skin Care Clinic Daycare Center Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6696988
    Latitude
    27.9667495

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    FAQs

    What type of property is this?
    Specialty property - Lease this 6-bed ALF in quiet SE location.
    Where is this specialty property located?
    The property is located at 291 Awin Cir Palm Bay, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 2,065 SF Special Purpose building, single-tenant occupancy.; Vacant, certified assisted living facility licensed for six beds.; Features a sprinkler system and fire alarm, private office, and two-car garage.
    Request Owner's contact information
    291 Awin Cir Palm Bay, FL 32909
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    Palm Bay, FL 32909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    291 Awin Cir Palm Bay, FL 32909
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