105- Bed Assisted Living Facility

For Sale

100 Assisted Living St., Hollywood, FL 33020

This Hollywood property for sale is located at 100 Assisted Living St.. The general use of 105- Bed Assisted Living Facility is office and it incorporates 27,270 square feet of class B office space. The current listed sale price for 105- Bed Assisted Living Facility is $13,250,000.

Contacts

broker

John DeMarco

RE/MAX 5 Star Realty

Property Details

  • Property Type Office - General Office
  • Property Size 27,270 SF
  • Additional Rent Contact for pricing
  • Building Class B
  • Date Updated Aug 20, 2024
Discover the dynamic potential of Hollywood, FL, where the allure of vibrant culture meets the promise of commercial opportunity. Nestled amidst world-famous beaches and an eclectic arts scene, the area boasts an irresistible blend of leisure and business. From the historic downtown with its quaint shops and trendy cafes to the renowned ArtsPark at Young Circle and the Hollywood Beach Broadwalk, the location beckons with its unique charm and modern infrastructure. With its proximity to major highways and airports, the area is a strategic gateway to the global marketplace, making it an enticing prospect for prospective Office / Office Building investors seeking a prime location to establish their next venture.Presenting an exceptional opportunity in the heart of Downtown Hollywood, Florida, this licensed 105-bed Assisted Living Facility offers a total of 27,270 SF of space on a well-situated 23,707 SF lot. With a proven track record of success, the facility operates at a historic occupancy of 95%-99% and generates $3,049,562 in gross revenue, with a net income of $970,096.89. Upon reaching full capacity, projected gross revenue is expected to increase to $3,888,000, with a net income of $1,808,534.54, providing the investor with a robust 13.65% capitalization rate at full asking price. This rare investment opportunity in a market with limited inventory promises strong returns and the assurance of an experienced staff remaining post-closing.

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Highlights

  • - 27,270 SF modern building
  • - Prime location in Hollywood, FL
  • - Versatile and adaptable spaces
  • - Strategic opportunity for investment
  • - Potential for custom design and innovation
  • - Ideal for Office / Office Building investor
  • - Well-maintained and move-in ready
  • - Proximity to major highways and airports

Getting around

  • 59/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 53/100

    Bike Score ®

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Location

  • City Hollywood, FL
  • Neighborhood North Central Hollywood
  • Zip Code 33020
  • Market Fort Lauderdale

Points of Interest

  • River House

    6.96 miles

  • Esplanade Park

    7.05 miles

  • Shell

    0.46 miles

  • BP

    1.00 miles

  • Cumberland

    1.03 miles

  • Chevron

    1.05 miles

  • Marathon

    1.08 miles

  • Shell

    1.15 miles

  • Chevron

    1.30 miles

  • Shell

    1.43 miles

  • Exxon

    1.47 miles

  • Shell

    1.52 miles

  • Hollywood Park and Ride

    0.67 miles

  • Sheridan Square

    1.86 miles

  • Home Depot

    3.30 miles

  • Palm Garage

    3.80 miles

  • Hibiscus Garage

    3.85 miles

  • Cypress Garage

    3.89 miles

  • Cell Phone Waiting Lot

    4.00 miles

  • Parking Lot B

    4.57 miles

  • Park 'N Fly

    4.61 miles

  • Parking Lot C

    4.71 miles

  • Lubo

    0.32 miles

  • Ramada by Wyndham Hollywood Downtown

    0.99 miles

  • Rodeway Inn near Hollywood Beach

    1.08 miles

  • Days Inn Fort Lauderdale - Hollywood / Airport South

    1.20 miles

  • Holiday Inn Ft. Lauderdale-Airport

    1.20 miles

  • Econo Lodge

    1.21 miles

  • La Quinta Inn & Suites by Wyndham Ft. Lauderdale Airport

    1.36 miles

  • Shell Motel

    1.59 miles

  • Palms Inn

    1.62 miles

  • Deluxe Inn

    1.67 miles

  • Hollywood Hills Plaza

    0.95 miles

  • Target

    1.01 miles

  • Save-A-Lot

    1.15 miles

  • Publix

    1.16 miles

  • Young Circle Shopping Center

    1.24 miles

  • Publix

    1.55 miles

  • World Market & Café

    1.63 miles

  • Europa Gourmet

    1.68 miles

  • Marshalls

    1.75 miles

  • Oakwood Plaza

    1.79 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

John DeMarco

RE/MAX 5 Star Realty