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Property profile & analytics
OFF-MARKET Estimated value $1,530,000
Assisted living facilities

602 Melton Ave Auburndale, FL 33823-4428

33,676 SF 1.29 ac lot Built 1957
Individually Owned 29-yr Hold ~ Est. High Equity
Property ID
US18-4720630
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1957
Total area 33,676 SF
Lot 1.29 ac (56,410 SF)
Zoning code RIO
APN 252811336500021010
UPID US18-4720630
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
Current use
Occupant on record · Public records
  • The Auburndale Bridge Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.53M
Owner & transaction history
Christian Prison Ministries · 29 yrs held
Christian Prison Ministries
since 1997
1 recorded transaction
1997
$325,000
Zoning & alternative use
RIO · Auburndale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 5.6.8. RIO - RESIDENTIAL, INSTITUTIONAL AND OFFICE. 5.6.8.1. STATEMENT OF INTENT. This district is intended for mixed residential, institutional, office, cultural, and allied uses. The primary uses in the district are not commercial in nature, but limited commercial activities are permitted in support of office and institutional uses as well as certain…

Zone name Residential Institutional And Office
General category CIVIC_INSTITUTIONAL
Zone area 104.41 ac
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