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Property profile & analytics
OFF-MARKET Estimated value $1,575,000
Turn key restaurants

3208 Frst Hl Blvd Palm Springs, FL 33406-5801

5,563 SF 1.25 ac lot Built 1974
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US19-0668467
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Construction WOOD
Total area 5,563 SF
Lot 1.25 ac (54,602 SF)
Zoning code CG
APN 70-43-44-07-01-001-0020
UPID US19-0668467
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
$1.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.58M
Owner & transaction history
Al 18 Properties LLC · 1 yrs held
Al 18 Properties LLC
since 2025
Last sale
$1.5M
7 recorded transactions
2025
$1.8M
2021
$1.5M
2016
Price N/A
2016
$1.1M
2013
$650,000
2006
$1.2M
2000
$750,000
Zoning & alternative use
CG · Palm Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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