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$3,890,000

Est. payment - /mo

6,652 SqFt

Price Dropped by $100K

1722 Madison St Hollywood, FL 33020

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Sammy Hernandez

sammysellsmiami@gmail.com +1(786) 203-8671

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,652 sqft

Price per Sqft $584

MLS Listing ID A11658449

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $21,723

Tax Year 2024

Property Description

Hollywood Beach Retirement Home – Assisted Living Facility for Sale in Hollywood, Florida
Asking Price: $3,995,000 million | Cap Rate: 12%

Key Features:
Generac generator for uninterrupted power supply
Impact windows for enhanced safety
Newly installed roof

With an impressive and attractive 10.56% cap rate, this facility promises solid and consistent returns. It houses more middle-aged long-term residents. Hollywood, known for its beautiful coastal environment, is a highly desirable location for retirees, making this investment an excellent opportunity in the assisted living market.

Location

State FL

County Broward

Area 3010

Interior

Heating Central

Cooling Central Air

Flooring Tile

Window Features Impact Glass

Exterior

Exterior Feature Security/High Impact Doors

Total Parking Spaces 4

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Construction Status Resale

Others

Tax ID 514215021750

Security Features Security System,Fenced,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11658449

Listed by Stoic Estates, LLC.

+1(786) 203-8671

sammysellsmiami@gmail.com

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