10921 5th St ,Business for Sale

10921 5th St for Sale

Price $3,000,000.00

  • Lot size 0
  • Year Build 1977
  • Waterfront
  • Zip 33174
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

In the center of the Florida International University community is a remarkable duplex property, boasting an impressive cap rate exceeding 9%. This unique investment is not just a piece of real estate; it's a turnkey business operation with a fully licensed Assisted Living Facility. Fully operational and compliant, offering peace of mind and a seamless transition, with attractive earnings of $2,800 per bed being collected from Social Security and Medicare. There are 12 beds on site, full kitchen, staff, food, and all the traditional services offered at the location.

Operation has been active for over 10 years, this is a burgeoning industry in South Florida with population growth, demand increasing for senior housing solutions, rise in health care, this is driving demand for alternative products like this making this a secure investment with great returns. Owner finance is available at an attractive 10 year term, giving investors leverage on an already lucrative opportunity. Contact us now and make your bid.

J.L.L.P. SUB PB 94-16 LOT 13 BLK 2 LOT SIZE 6190 SQ FT OR 15482-2673 0492 1 COC 22687-3596 01 2004 4

In the center of the Florida International University community is a remarkable duplex property, boasting an impressive cap rate exceeding 9%. This unique investment is not just a piece of real estate; it's a turnkey business operation with a fully licensed Assisted Living Facility. Fully operational and compliant, offering peace of mind and a seamless transition, with attractive earnings of $2,800 per bed being collected from Social Security and Medicare. There are 12 beds on site, full kitchen, staff, food, and all the traditional services offered at the location.

City:Sweetwater,Zoning:6480,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.7642824,List Price:3000000,Listing Id:A11584800,Longitude:-80.3731978,Mls Status:Active,Year Built:1977,Inclusions:Business And Building,Postal Code:33174,Street Name:5th St,Coordinates:1:25.7642824,Photos Count:39,Building Name:Assisted Living Facility,Days On Market:8,Lot Size Units:Square Feet,M I A M I R E_ Area:40,On Market Date:2024-05-01,Parcel Number:25-40-06-008-0350,Property Type:Business Opportunity,Street Number:10921,Public Remarks:In the center of the Florida International University community is a remarkable duplex property, boasting an impressive cap rate exceeding 9%. This unique investment is not just a piece of real estate; it's a turnkey business operation with a fully licensed Assisted Living Facility. Fully operational and compliant, offering peace of mind and a seamless transition, with attractive earnings of $2,800 per bed being collected from Social Security and Medicare. There are 12 beds on site, full kitchen, staff, food, and all the traditional services offered at the location.,Structure Type:1:Other Building Type,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Private Remarks:Operation has been active for over 10 years, this is a burgeoning industry in South Florida with population growth, demand increasing for senior housing solutions, rise in health care, this is driving demand for alternative products like this making this a secure investment with great returns. Owner finance is available at an attractive 10 year term, giving investors leverage on an already lucrative opportunity. Contact us now and make your bid.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1321,Special Licenses:1:Occupational License,2:Other,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:12766,Unparsed Address:10921 SW 5th St, Sweetwater FL 33174,Year Established:1997,Insurance Expense:3600,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Original List Price:3000000,Public Survey Range:40,I D X Participation Y N:1,Syndication Remarks:In the center of the Florida International University community is a remarkable duplex property, boasting an impressive cap rate exceeding 9%. This unique investment is not just a piece of real estate; it's a turnkey business operation with a fully licensed Assisted Living Facility. Fully operational and compliant, offering peace of mind and a seamless transition, with attractive earnings of $2,800 per bed being collected from Social Security and Medicare. There are 12 beds on site, full kitchen, staff, food, and all the traditional services offered at the location.,Listing Contract Date:2024-05-01,Originating System I D:miamire,Public Survey Section:6,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:10921,Tax Legal Description:J.L.L.P. SUB PB 94-16 LOT 13 BLK 2 LOT SIZE 6190 SQ FT OR 15482-2673 0492 1 COC 22687-3596 01 2004 4,Public Survey Township:40,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,M I A M I R E_ Internet Remarks:Visit Fausto Commercial for more information and investment opportunities.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-05-01,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Number Of Full Time Employees:6,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $3,000,000.00
  • Price Change: 2024-05-09
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1977
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Business Opportunity
  • Status Active
  • Listed 2024-05-09
  • Days on Market 19
  • Furnished
  • City Sweetwater
  • Zip 33174
  • State Florida
  • Subdivision
  • Development Name Assisted Living Facility
  • HOA Fees
  • Taxes 12766
  • Taxes Year 2023