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    1141 Royal Palm Blvd Royal Palm Beach, FL 33411

    For Sale
    $421,000

    Profitable Medical/Executive Office in Florida

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1141 ROYAL PALM BLVD property presents a unique investment opportunity in Royal Palm Beach, Florida (33411), Palm Beach County. Priced at $421,000, this office building is ideally suited for medical or executive office use, offering a versatile space adaptable to various professional needs. Currently operating as a thriving adult daycare center, the property boasts modern and fully equipped facilities, ready for immediate occupancy. The business enjoys a strong client base of approximately 30 patients, demonstrating consistent demand and profitability. Its strategic location ensures easy accessibility within a community that highly values elder care. The building's operational success, coupled with its prime location and established clientele, makes this a compelling investment prospect with significant return potential. The property's functionality extends beyond its current use, offering flexibility for a variety of office configurations. This turnkey operation minimizes disruption and allows for seamless transition and immediate revenue generation. The property's modern amenities and established reputation contribute to its overall value and attractiveness to potential buyers. This is an exceptional opportunity to acquire a profitable and well-established business in a desirable location.

    Property Features for 1141 Royal Palm Blvd

    General Information

    Property type
    Medical offices

    HighLights

    • Exceptional investment opportunity: 1141 Royal Palm Blvd, Royal Palm Beach, FL 33411. Priced at $421,000.
    • Modern, fully equipped office building ideal for medical or executive office use.
    • Currently operating as a successful adult daycare center with ~30 patients, offering immediate revenue potential.
    • Prime location in Royal Palm Beach with strong demand for elder care services.
    • Turnkey operation allows for seamless transition and immediate revenue generation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Royal Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.232061
    Latitude
    26.703518

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    FAQs

    What type of property is this?
    Medical office - Profitable Medical/Executive Office in Florida
    Where is this medical office located?
    The property is located at 1141 Royal Palm Blvd Royal Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $421,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: 1141 Royal Palm Blvd, Royal Palm Beach, FL 33411. Priced at $421,000.; Modern, fully equipped office building ideal for medical or executive office use.; Currently operating as a successful adult daycare center with ~30 patients, offering immediate revenue potential.
    Request Owner's contact information
    1141 Royal Palm Blvd Royal Palm Beach, FL 33411
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    Royal Palm Beach, FL 33411
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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
    1141 Royal Palm Blvd Royal Palm Beach, FL 33411
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