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Investment Highlights

  • Group home facility that can accommodate up to 90 residents
  • Convenient access to major thoroughfares (US-92 and Polk Parkway) and multiple public transit lines
  • In-place commercial kitchen
  • Price significantly below replacement cost

Executive Summary

Assisted Living/Group Home – Owner-User at 602 W Melton Avenue, Auburndale, FL 33823 presents a rare opportunity to acquire a substantial special purpose facility in the heart of Central Florida.? Formerly operated as a group home, the property features approximately 33,676 SF on 1.29 acres and is designed to accommodate up to 90 residents.? Positioned for an owner-user or specialized operator, the facility includes an in-place commercial kitchen and a functional layout suited for assisted living, group home, institutional, or other creative uses.? RIO (Residential, Institutional and Office) zoning adds flexibility, while the property’s accessibility to Magnolia Avenue, Polk Parkway, and multiple public transit lines enhances daily operations for staff, residents, and visitors.? Located near major employers, retail amenities, and established residential neighborhoods, this Auburndale asset offers both convenience and long-term potential.? Offered at $4,250,000, the property is priced significantly below replacement cost, creating an attractive value proposition for buyers seeking scale, utility, and upside in a growing Polk County market.?

Property Facts

Price $4,250,000
Price Per Bed $47,222
Sale Type Owner User
Property Type
Health Care
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 1.30 AC
Building Size 33,676 SF
No. Beds 90
No. Stories 1
Year Built 1957
Zoning RIO
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
25-28-11-336500-021010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$965,263
  • Listing ID: 41047447

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 602 Melton Ave, Auburndale, FL 33823

Contact the Sale Advisor

602 Melton Ave

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