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1722 Madison St, Hollywood FL 33020

Commercial Active With Contract
$4,250,000

BTC: 44.29939722

ETH: 1,281.08901609

-$250K (2024/09/20)
93 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Hollywood Beach Retirement Home – Assisted Living Facility for Sale in Hollywood, Florida Asking Price: $4.5 million | Cap Rate: 10.56% 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

Florida • Hollywood • 33020 • Commercial • Active With Contract

Facts and features

Type:
Business Opportunity
Parking:
Other / On Street
Year Built:
1952
Lot:
No Data
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Parking

    • Other

    • On Street

    Other Property Information

    • Parcel Number: 514215021750

    • Zoning: FH-1

  • Type and style

    • Property Type: Business Opportunity

  • Green energy

    • Water Heater

    • Windows

  • Other financial information

    • Annual tax amount: $21,723

  • Source details

    • MLS ID: A11658449

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Clear Impact Glass / Complete Impact Glass

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Stoic Estates, LLC.