3208 Frst Hl Blvd Palm Springs, FL 33406-5801
This exceptional freestanding retail building, located at 3208 Forest Hill Boulevard in Palm Springs, Florida, presents a rare investment opportunity. Boasting 5,563 square feet on a 1.25-acre lot, this 1974-constructed CBS building enjoys a prominent position with approximately 200 feet of frontage on Forest Hill Boulevard, experiencing a daily traffic count exceeding 47,000 vehicles. Its strategic location is less than 1.5 miles west of I-95, ensuring high visibility and accessibility. The property features a substantial 216-seat capacity, a separate bar area, a large commercial kitchen, and ample parking with 88 spaces. Recent upgrades include a new roof, six new commercial train A/C units, and a new walk-in cooler. Adding significant value, a liquor license is included in the sale. The asking price for this turnkey operation is $2,150,000. This property is ideal for a variety of retail uses and represents a strong investment in a thriving Palm Beach County location. The zip code is 33406.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CG · Palm Springs, FLPalm Springs. Always verify with local authorities before improvements.
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.