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1722 Madison St

Hollywood, FL 33020
  • $4,250,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: A11658449
UPDATED: 16 min ago
$4,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
Built:
1952
County:

School Ratings & Info

Description

Hollywood Beach Retirement Home Assisted Living Facility for Sale in Hollywood, Florida Asking Price: $4.5 million | Cap Rate: 10.56% 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.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-12-02T15:51:58.213.
www.roseharrisgroup.com/homes/155105916
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1722 Madison St Hollywood, FL 33020

  • Price: $4,250,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 16 min ago
  • MLS #: A11658449
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1952
Built
County:
Broward
Property Description
Hollywood Beach Retirement Home Assisted Living Facility for Sale in Hollywood, Florida Asking Price: $4.5 million | Cap Rate: 10.56% 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.
Exterior Features

Construction Materials CBS Construction Fencing Fenced Inclusions EquipmentFurniture/FixturesLicenseTrade NameBusiness And BuildingBusiness; Building And Land Parking Features OtherOn Street Parking Total 4 Pool Private YN No Road Frontage Type City StreetOther Road Frontage View YN No Waterfront YN No

Interior Features

Cooling Central Building A/C Flooring Tile Heating Central Building A/C Heating YN Yes Window Features Clear Impact GlassComplete Impact Glass

Property Features

Association YN No Business Type BusinessMedical Cooling YN Yes Documents Available Financial StatementTraining Program Electric 101-200 Amps110 Volts Power Green Energy Efficient Water HeaterWindows Horse YN No Insurance Expense 1300 Listing Terms All CashConventional/Refinance New Construction YN No Public Survey Section 15 Security Features Smoke AlarmSmoke Detector(s)Fire Sprinkler SystemSecurity FenceSecurity System Sewer Public Sanitation Structure Type Free Standing Tax Annual Amount 21723 Tax Year 2024 Water Source Public Year Built Details Resale Zoning FH-1

Listing courtesy of Stoic Estates, LLC.: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-12-02T15:51:58.213.
 
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The Rose Harris Group | ONE Sotheby's International Realty
119 Washington Ave
Miami Beach FL, 33139