- MLS® #: A11675602
- 12 E Grove Ave
- Lake Wales, FL 33853
- $6,100,000
- Business
Rare opportunity to own this Prime 51-bed Assisted Living Facility (ALF) located at 12 E Grove Ave in Lake Wales, FL. This sale includes real estate, the business, required licenses, and a generator. Currently operating at 65% occupancy at a 5.4% Cap Rate, this facility offers significant potential for increased profitability by filling vacancies and optimizing expenses to operate at a whopping 17% Cap Rate! This property also have the license to operate at 60 beds! Full staff and management in place! ALFs of this caliber rarely come to market—don’t miss out on this highly desirable investment opportunity!
View Virtual TourEssential Information
- MLS® #A11675602
- Price$6,100,000
- CAD Dollar$8,724,092
- UK Pound£4,721,095
- Euro€5,650,265
- Bathrooms0.00
- Acres0.00
- TypeBusiness
- Sub-TypeSpecial Purpose
- StatusActive
Community Information
- Address12 E Grove Ave
- Area5940 Florida Other
- CityLake Wales
- CountyPolk
- StateFL
- Zip Code33853
Interior
- HeatingCentral
- CoolingCentral Air
- Office: Fausto Commercial Realty Consultants Inc
Property Location
12 E Grove Ave on www.jupiteroceanfrontcondos.us
Offered at the current list price of $6,100,000, this home for sale at 12 E Grove Ave features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Lake Wales, FL 33853 . 12 E Grove Ave is listed under the MLS ID of A11675602 and has been on the Lake Wales real estate market for 169 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of April 2nd, 2025 at 9:02pm CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2025 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing