123 Assisted Living Dr. — Office for Sale

  • Price: $4M
  • Listing type: For sale
  • Asset type: Office

Description

John DeMarco proudly presents the sale of a fully licensed 35-bed Assisted Living Facility in the desirable Marina Mile neighborhood of Fort Lauderdale, Florida. This property consists of two buildings totaling 5,507 SF, situated on a spacious 15,565 SF lot. With 16 rooms accommodating 35 beds, the facility is currently 100% occupied with a waiting list. Experienced staff will remain post-closing, and the facility is projected to generate increased gross revenue and net income in 2023. This opportunity offers a strong 12.8% capitalization rate at full asking price, making it an excellent investment in a market with limited inventory. Showings are by appointment only; call for additional information.

Market Context

This office is listed for sale at $3,999,000. It has been on the market for 73 days. Compare it against other office listings for sale — view the full market.

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