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Listing Details
- $12,200,000
- MLS# A11858544
- Type Commercial - Investment
- Status Active
Description
Outstanding investment or owner-user opportunity in the heart of Margate. This free-standing commercial property is purpose-built and fully licensed for 111 beds assisted living, offering a rare combination of scale, functionality, and location.Set on a 1.3855-acre lot and boasting 23,382 sq. ft. of living space, this well-maintained facility is thoughtfully designed to provide comfort, safety, and operational efficiency, spacious common areas, shared, private, and semi-private rooms, and commercial-grade kitchen facilities. The propertys size and layout allow for a substantial resident capacity while maintaining an intimate, home-like atmosphere.... Read more
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All Property Features
- Property Type: Commercial - Investment
- Accessibility: Accessible Parking
- Cooling: Central Building A/C
- Crops Included Y/N: No
- Days on Site: 263
- Exterior: CBS Construction
- Fenced: Yes
- Flooring: Tile
- Heating: Central Electric, Central Building A/C
- Home Warranty Y/N: No
- Lease Considered Y/N: No
- Listing Terms: All Cash, Conventional/Refinance
- Parcel#: 494101091770
- Parking: Additional Spaces Available, Free Parking
- Parking Notes: Additional Spaces Available, Free Parking
- Property Attached Y/N: No
- Property Sub-Type: Commercial
- Security: Smoke Detector(s), Fire Sprinkler System, Security Fence, Security Gate
- Security: yes
- Taxes: $142,488
- Water: Public
- Year Built: 1972