Franks Place 2211 SE 3rd St 10 Unit Apartment Building $6,500,000 ($650,000/Unit) Boynton Beach, FL 33435

Property Overview
Investment Opportunity: Multi Family Single Family Homes / Sober Living Homes 
- Property Type: Seven Single-Family Homes and One Duplex
- Location: Delray Beach and Boynton Beach, Florida
- Current Use: Operating as Sober Living Facilities
Key Features
- Residential Neighborhoods: Attractive settings in desirable areas, enhancing the appeal for tenants.
- Established Business: The property has been successfully operating as a sober living business for over 19 years, demonstrating stability and a solid track record.
- Licenses in Place: All necessary licenses and permits to operate the business are current and available for the buyer, ensuring a smooth transition.
- Flexible Options: The homes can be delivered as a turnkey business or vacant for individual sales, accommodating various investment strategies.

Investment Highlights
- Diverse Revenue Streams: With eight single-family homes and one duplex, this property provides multiple income-generating opportunities.
- Market Demand: The sober living model meets a critical need in today’s housing landscape, with consistent demand in Florida’s growing real estate market.
- Potential for Growth: The option to deliver homes vacant allows for potential conversion to traditional rentals or other residential uses, catering to a wider tenant base.
- Strong Community Ties: Located in areas with supportive communities for sober living, ensuring a nurturing environment for residents.

Why Invest in Delray Beach and Boynton Beach?
- Thriving Real Estate Market: Both cities boast a robust real estate market with ongoing development, increasing property values, and a strong rental demand.
- Proximity to Amenities: Residents enjoy access to shopping, dining, parks, and beaches, enhancing the quality of life and attractiveness of the locations.
- Ideal Climate: With Florida’s warm weather, these cities offer year-round appeal for both residents and investors alike.

Conclusion
This is a unique opportunity for investors looking to expand their portfolio or enter the thriving market of sober living facilities. With a long-standing business model, flexible ownership options, and a prime location in Florida, this property presents a promising investment for the future.
For more information or to schedule a viewing, please contact us today!
Scott Pressman
Keyes Company Realtors
21065 Powerline Rd., Suite C7
Boca Raton, FL 33433
561.601.7774
scottpressman@hotmail.com