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Property profile & analytics
OFF-MARKET
Turn key restaurants

3001 Congress Ave Palm Springs, FL 33461-2131

1,700 SF 0.29 ac lot Built 1972
Entity Owned ~ Est. High Equity
Property ID
US18-2997222
Property summary
AI-generated overview

This exceptional 1,700 square foot retail property, located at 3001 S Congress Avenue in Palm Springs, Florida, presents a compelling investment opportunity. The free-standing building, constructed in 1972 and recently renovated in 2024, boasts 11 individual units, ideally suited for a variety of retail businesses. Its prime location on busy Congress Avenue, with an average annual daily traffic count of 46,000 vehicles, ensures high visibility and accessibility. The property benefits from its proximity to numerous national retail chains, including Dunkin' Donuts, Denny's, Walgreens, CVS, AutoZone, McDonald's, Chili's, Wingstop, Bank of America, and Publix Supermarket, creating a strong synergy and attracting a substantial customer base. Ample parking is available on-site. The asking price for this well-positioned retail investment is $1,600,000. The property's strategic location and established tenant base make it an attractive prospect for investors seeking a stable and potentially high-return investment in a thriving commercial area. The building was originally designed as a salon suite, offering versatile space adaptable to various retail uses. This property is situated in Palm Beach County, Florida, with a zip code of 33461.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction WOOD
Total area 1,700 SF
Lot 0.29 ac (12,759 SF)
Zoning code CG
APN 70-43-44-18-02-000-0510
UPID US18-2997222
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Congress Office Center LLC
Congress Office Center LLC
since 2025
Last sale
$1.5M
2 recorded transactions
2025
$1.5M
2019
$405,000
Zoning & alternative use
CG · Palm Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

It is the purpose of the CG commercial general land development district to provide lands within the village for a wide range of goods and commercial services that serve a consumer market that may extend beyond municipal limits. Such areas shall be located convenient to major roads and automotive traffic. However, it is not the intent of this land developmen…

Zone name Commercial General
General category COMMERCIAL
Zone area 601.31 ac
Source Realmo
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