CCN 105125 · Palm Beach County, Florida
Terraces of Lake Worth Care Center and Rehab
1711 6th Avenue South, Lake Worth, FL 33460
Terraces of Lake Worth Care Center and Rehab is a 91-bed for-profit nursing home in Lake Worth, Florida, first certified for Medicare or Medicaid in 1979. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 92.3 residents a day, about 101% of its certified beds. HUD's healthcare database shows 2 FHA-insured Section 232 loans for a project matching this facility, most recently $8.2 million in December 2012 (223(f) refinance or purchase), and none of them appears in HUD's active-loan file.
Facility facts
- Certified beds
- 91
- Average residents per day
- 92.3 (101.4% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Terraces Nursing and Rehab LLC
- Certified since
- Jan 1, 1979
- Chain or affiliated group
- Fl SNF Trust (10 facilities, chain average 3.4 stars)
- Location
- Urban
Ratings and staffing
Star ratings run from 1 to 5. Staffing is nurse hours per resident per day from CMS Payroll Based Journal data; turnover is the CMS annual nursing staff turnover rate. Occupancy is CMS's average daily census divided by certified beds.
| Measure | This facility | Florida median | US median |
|---|---|---|---|
| Overall rating | 4 of 5 | State spread: 89 at 1, 143 at 2, 125 at 3, 156 at 4, 178 at 5 | |
| Health inspections | 3 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 3.37 | 3.63 | 3.68 |
| RN hours per resident per day | 0.65 | 0.62 | 0.58 |
| Weekend nurse hours per resident per day | 3.25 | ||
| Nursing staff turnover | 18.5% | 41.9% | 44.9% |
| Occupancy (residents / beds) | 101.4% | 92.2% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 10 (Jun 6, 2025) | ||
HUD 223(f) Express Lane: the CMS part
HUD gives 223(f) applications queue priority when the facility has CMS overall and health inspection ratings of at least 2 stars and no abuse icon, among other tests (ORCF criteria of March 31, 2026). Terraces of Lake Worth Care Center and Rehab meets that part today: 4 stars overall, 3 on health inspections, no abuse icon. The loan-to-value, coverage and operator tests depend on the deal. All the criteria.
Who owns and operates it
These are the owners and operators the facility reported to CMS: anyone with a 5% or greater direct or indirect stake, and any organization with operational or managerial control.
| Name | Role | Share | Since |
|---|---|---|---|
| Terraces Nursing Holdco LLCOrganization | Direct Ownership Interest | 100% | 08/01/2023 |
| Fl Master Opco Holdco II LLCOrganization | Indirect Ownership Interest | n/a | 08/01/2023 |
| Fl SNF Trust IOrganization | Indirect Ownership Interest | n/a | 08/01/2023 |
| Fl SNF Trust IIOrganization | Indirect Ownership Interest | n/a | 08/01/2023 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Jul 31, 2023 | Terraces Nursing and Rehab LLC | Terraces Facility Inc |
HUD Section 232 loans
HUD's Office of Healthcare Programs lists these FHA-insured loans for a project we matched to this facility by name, city and bed count. Status, rate and balance come from HUD's insured-mortgage files as of September 30, 2026. Check the FHA number against the loan documents before relying on the match.
| Endorsed | Program | Original amount | Status | FHA number |
|---|---|---|---|---|
| Dec 19, 2012 | 223(f) refinance or purchaseHUD project name: TLMgt30-Terraces of Lake Worth Rehab Health Center, 99 beds. Lender at endorsement: Housing & Healthcare Finc | $8,233,700 | Ended Apr 30, 2025Prepayment | 06622063 |
| Feb 28, 2001 | 223(f) refinance or purchaseHUD project name: Terraces of Lake Worth. Lender at endorsement: Heartland Capital Corp | $4,588,000 | Ended Aug 31, 2007Prepayment | 06622006 |
Sources and dates
Facility, rating, staffing and ownership data: CMS Provider Information and CMS Ownership, processing date September 2026. Private equity, REIT and mortgage-interest flags and changes of ownership: CMS Skilled Nursing Facility All Owners and Change of Ownership files (2026-10-01). FHA-insured loans: HUD Office of Healthcare Programs endorsement database, data run July 8, 2026. How we join them, and what the join can get wrong: methodology.
SNF Register is independent. It is not affiliated with or endorsed by CMS, HUD or FHA. Spotted an error? Write to hello@hudskillednursing.loan.