1722 Madison St Hollywood, FL 33020
FOR SALE - Active
$4,250,000
$4,500,000
(5.6%)
Overview
- Status: ActiveUnderContract
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 6,652 ft2/617.99 m2
- Price Per: $638.91 ft2/$6,877.13 m2
- Type: Business Opportunity
- Built: 1952
- HOA: No info
- MLS Number: A11658449
- View No info
- On Site: 115 days
- Updated: Listing Refreshed: 22 Days Ago
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.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 09/20/2024 | Price Reduced | $4,250,000.00 | 5.6% | $638.91 ft2/$6,877.13 m2 |
| 10/05/2024 | Listed | $4,500,000.00 | $676.49 ft2/$7,281.66 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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