1722 Madison St, Hollywood FL 33020,Hollywood,Broward County,Business Opportunity
Business Opportunity
Active
1722 Madison St, Hollywood FL 33020,Hollywood,Broward County,Business Opportunity
1722 Madison St, Hollywood FL 33020
Overview
- 1952
Description
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.
Address
Open on Google Maps- Address Madison St
- City Hollywood
- State/county Broward County
- Zip/Postal Code 33020
Details
Updated on April 22, 2025 at 9:25 pm- Property ID: A11658449
- Price: $3,990,000
- Year Built: 1952
- Property Status: Business Opportunity
Additional details
- PublicSurveyRange: 51
- ShowingInstructions: 24 Hour Notice
- ListAgentKey: 10210323374b5e0283af2e115895e59b
- InsuranceExpense: 1300
- TaxLegalDescription: HOLLYWOOD 1-21 B LOT 21,22 BLK 62
- YearEstablished: 2013
- OnMarketDate: 2024-09-12
- ListAgentEmail: [email protected]
- ContractStatusChangeDate: 2024-09-12
- MajorChangeTimestamp: 2025-04-17T13:10:26.270Z
- Flooring: Tile
- PhotosCount: 60
- Cooling: Central Building A/C
- StatusChangeTimestamp: 2025-02-24T19:11:25.017Z
- SecurityFeatures: Smoke Alarm,Smoke Detector(s),Fire Sprinkler System,Security Fence,Security System
- FinancialDataSource: Owner May Show Books,Owner Provided
- BuildingName: Hollywood Beach Retirement
- NumberOfFullTimeEmployees: 6
- PriceChangeTimestamp: 2025-04-17T13:10:26.270Z
- ListingKeyNumeric: 400839519
- MajorChangeType: Price Decrease
- ListingContractDate: 2024-09-12
- Zoning: FH-1
- ListAOR: A-Miami Association of REALTORS
- TaxAnnualAmount: 21723
- ListOfficeName: Stoic Estates, LLC.
- OriginatingSystemKey: miamire
- BusinessType: Business,Medical
- PhotosChangeTimestamp: 2025-04-22T18:35:00.998Z
- RoadFrontageType: City Street,Other Road Frontage
- OriginatingSystemName: Miami Association of REALTORS®
- ListOfficePhone: 786-528-8786
- MlsStatus: Active
- StreetNumber: 1722
- ListingKey: 3f6c34d9ed144b4929ead0cb6401058f
- StateOrProvince: FL
- ListOfficeKey: 501b55d9593d58aa046f9fbf914ce58f
- BridgeModificationTimestamp: 2025-04-22T18:35:01.006Z
- ListAgentFullName: Jason Davis
- ParkingTotal: 4
- ListAgentOfficePhone: 786-528-8786
- ParcelNumber: 514215021750
- ListingTerms: All Cash,Conventional/Refinance
- YearBuiltDetails: Resale
- OtherExpense: 0
- Possession: Funding
- OperatingExpenseIncludes: Electricity,Licenses,Other,Payroll,Phone,Personal Property Tax,Insurance,Manager,Supplies,Utilities,Water/Sewer
- IDXParticipationYN: 1
- SpecialLicenses: City License,Professional,State License,Trade License
- Fencing: Fenced
- InternetAddressDisplayYN: 1
- ListAgentMlsId: 3306876
- WaterSource: Public
- ModificationTimestamp: 2025-04-22T18:31:16.127Z
- OriginatingSystemID: miamire
- PreviousListPrice: 3995000
- DaysOnMarket: 222
- ListOfficeMlsId: STIC01
- Inclusions: Equipment,Furniture/Fixtures,License,Trade Name, Business And Building,Business; Building And Land
- ListAgentDirectPhone: 786-356-7211
- StreetNumberNumeric: 1722
- ParkingFeatures: Additional Spaces Available,Other,On Street
- PostalCodePlus4: 5537
- Sewer: Public Sanitation
- SyndicationRemarks: 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.
- Heating: Central Building A/C
- StructureType: Free Standing
- ListAgentStateLicense: 3306876
- PublicSurveyTownship: 51
- StreetName: Madison St
- ListingAgreement: Exclusive Agency
- PublicSurveySection: 15
- WindowFeatures: Clear Impact Glass,Complete Impact Glass
- OriginalListPrice: 4500000
- GreenEnergyEfficient: Water Heater,Windows
- BuildingAreaUnits: Square Feet
- InternetEntireListingDisplayYN: 1
- TaxYear: 2024
- OriginalEntryTimestamp: 2024-09-12T22:28:41.000Z
- SourceSystemKey: 400839519
- DocumentsAvailable: Financial Statement,Training Program
- ConstructionMaterials: CBS Construction
- LotSizeSquareFeet: 0
- Electric: 101-200 Amps,110 Volts Power
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