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We are thrilled to announce exciting zoning advancements that dramatically boost the already exceptional potential of this premier behavioral healthcare campus in Lantana, Florida.
Offering SELLER FINANCING, this fully licensed detox and residential treatment center offers a rare, high-upside investment in thriving Palm Beach County. The 100-room, turnkey facility is ideally suited for SUD treatment, mental health services, behavioral health growth—or flexible adaptive reuse.
The Palm Beach County Zoning Department has approved a major increase, elevating the total allowable bed count to 180+ beds (from the prior 66-bed approval, plus 100+ additional beds). This unlocks tremendous scalability, revenue growth, and long-term value far beyond current operations. Currently licensed for 14 detox beds and 44 residential beds, the 36, 625 SF, 4-story building on 1. 34 acres features abundant extra space and flexible design to scale efficiently towardand potentially exceedthe full 180+ bed entitlement.
Its versatile zoning further amplifies upside: proven as a behavioral health center, it's well-positioned for conversion to an Assisted Living Facility (ALF), skilled nursing facility, or multi-family residentialmultiple paths to strong returns in Florida's booming markets.
The fully enclosed campus includes premium amenities: 18 admin offices, executive suite, waiting rooms, common areas, bathrooms, utility/laundry rooms, network room, storage, backup generator, outdoor pool, exam rooms, 54 designated + unlimited open parking.
This standout multi-use healthcare campus is poised for substantial appreciation as beds expand and uses evolve. Don't miss this licensed, prime-location gem with proven infrastructure and remarkable growth ahead.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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$12,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $10,000,000 | $10,000,000 | $10,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.247% | 6.183% |
| Monthly Tax Payment | $8,440 | $8,440 | $8,440 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $59,154 | $60,761 | $84,386 |
| Total Monthly Payment | $67,719 | $69,326 | $92,951 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.