For Sale
$4,750,000

4177 Congress AvePalm Springs, FL 33461

29-Bed Assisted Living Facility, $4.75M

Overview

Added:
Dec 11, 2024
Days on market:
115
This meticulously renovated 10,880 square foot assisted living facility presents a unique investment opportunity in Palm Springs, Florida. Located at 4177 S Congress Ave #1, Palm Beach County, FL 33461, this single-story, 1987-built property sits on two acres of land and offers 29 individual units, each featuring modern amenities such as a washer/dryer, fully equipped kitchen, and spacious living areas with walk-in showers or baths. The facility boasts a fully equipped commercial kitchen, a communal dining room, a comfortable TV lounge, an inviting outdoor gazebo, and raised gardens. Ample parking is available with 30 spaces on-site. Safety and security are prioritized with a large generator, fire alarm system, and sprinkler system in place. Furthermore, each unit is equipped with an individual central HVAC system incorporating UVA light technology, designed to eliminate 99.9% of pathogens, ensuring a healthy and safe environment for residents. The property is zoned for its current use as an assisted living facility. This turnkey operation offers significant potential for a strong return on investment. The property's prime location in the tranquil ambiance of Lake Worth adds to its appeal. This is a rare opportunity to acquire a well-maintained and profitable assisted living facility in a desirable Florida market.

Highlights

  • $4,750,000 asking price.
  • Mixed-use property.
  • 1987 construction.
  • One-story building.
  • 10,880 square foot assisted living facility (zoning approved) with 29 beds.
  • Located at 4177 S Congress Ave #1, Palm Springs, FL 33461.

Property Details for 4177 Congress Ave

Property type
Mixed-use properties
Year Built
1987
Stories
1

Location Insight

City
Palm Springs
County
Palm Beach
State
Florida
Latitude
26.6146206
Longitude
-80.0907413
4177 Congress Ave, Palm Springs, Florida

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4177 Congress Ave
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