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12 E Grove Ave Lake Wales FL 33853 MLS #A11675602

12 E Grove Ave
Lake Wales, FL, 33853
$6,900,000
Beds
0 Baths
0 SqFt
0 Acres
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$6,900,000
12 E Grove Ave
Lake Wales, FL, 33853
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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!

Property Details

Price:
$6,900,000
MLS #:
A11675602
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Special Purpose
Listed Date:
Oct 14, 2024
Total Sq Ft:
25,666
Special Purpose

Schools

Interior

Cooling
Central Building A/C
Heating
Central Building A/C

Exterior

Financial

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Albert Wilk

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Current real estate data for Commercial in Lake Wales as of Oct 25, 2025
1
Commercial Listed
376
Avg DOM
$6,900,000
Avg List Price

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Property Summary

    12 E Grove Ave Lake Wales FL is a Commercial for sale in Lake Wales, FL, 33853. It is listed for $6,900,000
disclosure
Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Wilk Real Estate LLC include the name of the listing broker. Neither the listing company nor Wilk Real Estate LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
Rover IDX
12 E Grove Ave
Lake Wales, FL

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