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1722 Madison St, Hollywood FL 33020

Business Opportunity

1722 Madison St

Hollywood, FL 33020

ML#:A11658449
List Price:$3,890,000
Status:Closed
Days on Market:365
Listing Brkr:Stoic Estates, LLC.
Subdivision:—
Bedrooms:0
Baths:0
SqFt (Liv):—
Lot Size:0 sqft
Year Built:1952
Stories:—

General Information

Type Property:Business Opportunity
Style:—
Pool:—
Garage Spaces:0
Parking:—

Location Information

County:Miami-Dade County
Zip:33020
Subdivision:—
Latitude:26.006655
Longitude:-80.141651

Additional Features

Flooring:Tile
Heating:Central Building A/C
Cooling:Central Building A/C
Construction:CBS Construction
Waterfront:No
Security:Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Fence, Security System

Financial Information

Annual Taxes (2024):$21,723
Original Price:$4,500,000
Days on Market:365

Remarks

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.

Listing Agent

Jason Davis

Stoic Estates, LLC.

IDX information is provided exclusively for 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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