$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
3,176 SqFt
SOLD DATE : 12/21/2021
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 3,176 sqft
Price per Sqft $314
MLS Listing ID A11067078
Sold Date 12/21/21
HOA Y/N No
Year Built 1959
Annual Tax Amount $10,004
Lot Size 0.999 Acres
Property Description
This 7 unit/14 Bed Assisted Living Facility is located in close proximity to Griffin Road. This property is currently an ALF licensed for 14 beds. The physical property is in good condition with updated central air, sprinkler system, generator, and fire alarm. Additionally, there is a separate building that has its own washing facility. The building sits on an oversized 1-acre lot. An investor can build 8 additional units, increasing the bed count up to 30 ALF beds.
The property is zoned RM-1 which allows for multifamily redevelopment. A total of 15 units is allowed by right.
For additional information please contact John DeMarco. All showings are by appointment only.
Location
State FL
County Broward County
Area 3880
Others
Tax ID 504230030030
Financing Cash
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Bought with EXP Realty LLC
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