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639 MICHIGAN BOULEVARD UNIT 1500

Commercial For Sale
$2,200,000

BTC: 73.33333333

ETH: 1,100.00000000

119 days
0 room(s)
2,336 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Amazing opportunity to own a licensed 8-bed Assisted Living Facility (ALF) in the heart of Dunedin, with a variance approved for up to 14 beds. This newly updated facility is being positioned as an APD (Agency for Persons with Disabilities) group home or day school model, offering low overhead and strong income potential. The property features 6 private bedrooms, each with its own full bathroom, a fully remodeled kitchen, updated flooring, accessible bathrooms, and ample on-site parking. The building meets current county codes and ALF/APD standards. Projected income is approximately $6,000 per bed/month. Patients are eligible for a $700/month food allowance, and the county provides transportation for residents to attend school (until 5pm on weekdays and 2pm on weekends), minimizing staffing needs. Staffing is only required between approximately 7am–7pm. Seller financing available with favorable terms. Sale is contingent upon seller stabilizing occupancy with 8 residents and providing financials upon stabilization. Minutes from downtown Dunedin and Honeymoon Island Beach. Perfect for investors or operators seeking a turnkey income-producing facility in one of Dunedin’s most desirable areas.

Location

Facts and features

Type:
Business Opportunity
Parking:
No Data
Year Built:
1956
Lot:
0.06 Acres
Heating:
Central
Price/sqft:
$942
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

  • Lot

    • Lot: 0.06 Acres

    Other Property Information

    • Parcel Number: 222815380570020010

  • Type and style

    • Property Type: Business Opportunity

    • Property Sub Type: Mixed Use

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $5,589

  • Source details

    • MLS ID: TB8415473

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 2336

    • Water Source: Public

    • Subdivision Name: HEATHERWOOD PLACE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. 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: MCBRIDE KELLY & ASSOCIATES