Price Reduced Listing
$3,990,000
( $599.82Per Sq Foot )
$21,419 est/mo Sourced by Back At You1722 Madison St , Hollywood, FL 33020
Hollywood, FL 33020
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.
Details
| MLS# | A11658449 |
|---|---|
| Listing Type | For Sale |
| Building Name | Hollywood Beach Retirement |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 217 |
| Listing Provided By | Stoic Estates, LLC. | Jason Davis |
Features
| SQ Feet | 6,652 |
|---|---|
| Zoning | FH-1 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3010 |
| Subarea | Hollywood East (3010 3050) |
| Listing VS Median (In 33020) | |
Price: $3,990,000 low | high Med: $158,500 SqFt: 6,652 low | high Med: 728 $ / SqFt: $600 low | high Med: $227 On site: 217 low | high Med: 5.000000 | |
Listing Updated: April 17, 2025 at 9:38:32 AM PDT