Technical
Financial
Distress signals
Property profile

3108 Congress Ave Palm Springs, FL 33461

OFF-MARKET
Turn key restaurants
Property ID
US18-0914769
2,199 SF 0.71 ac lot Built 1950
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction WOOD
Total area 2,199 SF
Lot 0.71 ac (31,006 SF)
Zoning code CG
APN 70-43-44-20-01-015-0010
UPID US18-0914769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3108 Congress Ave Palm Springs, FL 33461-2552
Palm Springs metro Census 4500 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$855k

Owner & transaction history

since 2020
Last sale
$600,000
5 recorded transactions
2025
Price N/A
2020
$600,000
2014
Price N/A
2012
$550,000
2001
$150,000

Zoning & alternative use

CG · Palm Springs, FL
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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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