New Listing - 09/12/2024 Price Reduced 5.56%

$4,250,000

Est. Mortgage $20,659/mo *

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Price History

$4,500,000
9/12/2024

$4,250,000
9/20/2024

1722 Madison St, Hollywood, FL, 33020

1722 Madison St, Hollywood, FL, 33020
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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.

Status:

Active

Type:

Commercial

Zoning:

FH-1

Garage:

Other, On Street

Heating:

Central

Cooling:

Central Air

Energy Features:

Water Heater, Windows

Parking:

4-car

Est. Taxes:

$21,723

Construction

Block

Days on Market:

8

MLS #:

A11658449

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Stoic Estates, LLC. Phone: 786-708-2629