Basic Information

  • MLS # A11658449
  • Status Active
  • Year Built 1952
  • Total Sqft 6,652
  • Date Listed 09/12/2024
  • Days on Market 283
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Other, On Street
  • Exterior Features Security High Impact Doors

Interior Features

  • Adjusted Sqft 6,652Sq.Ft
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 6,652 Sq.Ft

Property Features

  • Address 1722 Madison St
  • Aprox. Lot Size 6,652
  • City Hollywood
  • Construction Materials Block
  • County Broward
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Parking Features Other, On Street
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Hollywood
  • Sewer Description Public Sewer
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $21,723
  • Tax Legal desc H O L L Y W O O D1-21 B L O T21,22 B L K62
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Water Source Public
  • Window Features Impact Glass
  • Year Built Details Resale

1722 Madison St

Hollywood, FL 33020

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Stoic Estates, LLC.. tel: 786-528-8786

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