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Financial
Distress signals
Property profile

1946 S Congress Ave Palm Springs, FL 33406

FOR SALE
Strip malls
Property ID
US18-9339072
22,862 SF 1.68 ac lot Built 1973
Last sale Apr 2018 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1946 S Congress Ave, Palm Springs, FL 33406 For Sale
$149,000 22,862 SF
1946 S Congress Ave, Palm Springs, FL 33406
View Listing

Property summary

AI-generated overview

Corner Mart & Deli is a convenience store and deli located in Palm Springs, Florida. The premises occupy approximately 2,000 square feet and are positioned on a corner, contributing to exposure in a high-traffic area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$53k
Tax billed · 2023
Assessed value$2.42M
Assessed land$763k
Assessed improvement$1.66M
Effective rate2.19%

Value estimate

· Oct 2026
$3.00M
$2.70M – $3.30M
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 22.70% cap applied$34k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$294/SF
Submarket average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$198 – $417

Cap rate analysis

How does the asset earn?
22.70%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
It is the purpose of the CG commercial general land development district to provide lands within the village for a wide range of goods an...
General categoryCOMMERCIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.5
Parking Facility15.8
Clothing Store13.6

Location

1946 S Congress Ave Palm Springs, FL 33406
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2669 Frst Hl, Palm Springs, FL 33406-5938 $8,000,000 Feb 2026 35,108 SF
834 Congress, Palm Springs, FL 33406-4119 $1,400,000 Dec 2023 4,961 SF
2991 Frst Hl, Palm Springs, FL 33406-5921 $1,350,000 Mar 2022 3,103 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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