4177 Congress Ave, Palm Springs, FL 33461
This meticulously renovated 10,880 square foot assisted living facility presents a unique investment opportunity in Palm Springs, Florida. Located at 4177 S Congress Ave #1, Palm Beach County, FL 33461, this single-story, 1987-built property sits on two acres of land and offers 29 individual units, each featuring modern amenities such as a washer/dryer, fully equipped kitchen, and spacious living areas with walk-in showers or baths. The facility boasts a fully equipped commercial kitchen, a communal dining room, a comfortable TV lounge, an inviting outdoor gazebo, and raised gardens. Ample parking is available with 30 spaces on-site. Safety and security are prioritized with a large generator, fire alarm system, and sprinkler system in place. Furthermore, each unit is equipped with an individual central HVAC system incorporating UVA light technology, designed to eliminate 99.9% of pathogens, ensuring a healthy and safe environment for residents. The property is zoned for its current use as an assisted living facility. This turnkey operation offers significant potential for a strong return on investment. The property's prime location in the tranquil ambiance of Lake Worth adds to its appeal. This is a rare opportunity to acquire a well-maintained and profitable assisted living facility in a desirable Florida market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.