Under contract
Active With Contract
1722 Madison St
Hollywood FL, 33020
$4,250,000
Under contract
Active With Contract
Commercial
Built in 1952
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.
A11658449
MLSⓇ ID
September 12, 2024
Listed
December 14, 2024
Updated
Map
1722 Madison St
Hollywood FL, 33020
Interior Features
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Building A/C
Heating
Yes
Heating Description
Central Building A/C
Exterior/Building Features
Sewer
Public Sanitation
Other Property Details
Taxes
$21,723
Tax Frequency
Annually
Days on Market
93
Garage
No
Parking
Other, On Street
Parking Total
4
View
No
County
Broward County
Water Source
Public
Pool
No
Zoning
FH-1
Listing History
Date | Event | Price |
|---|---|---|
12/14/2024 | Under contract | — |
9/20/2024 | Price change | $4,250,000 -6% |
Listed by: Stoic Estates, LLC.
Listing Contact: 786-356-7211
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Data last updated 11:48 PM UTC, 12/14/2024.