302 Park AveApopka, FL 32703

Property Details for 302 Park Ave

Year built

1951

Lot size

0.67 AC

Property size (Sq ft)

3,366 SF

Property type

Mixed-use properties

Description

This exceptional 3,366 square foot mixed-use property, situated on a 0.67-acre corner lot in Apopka, Florida, presents a compelling investment opportunity. Currently operating as a licensed 10-bed assisted living facility (ALF), this facility enjoys high visibility due to its frontage on a four-lane road. Its idyllic location on Dream Lake, surrounded by healthcare facilities and hospitals, offers significant advantages. The property's zoning allows for expansion to a 30-bed ALF, subject to updated engineering plans to optimize the use of additional space for rooms, common areas, laundry, and staff accommodations. Alternatively, the zoning permits adaptation to a nursing home, memory care facility, or transition care facility (TCF), each presenting unique revenue potential based on market demand and care level. Beyond healthcare, the property's versatility extends to uses such as a small urgent care center, restaurant, or daycare. Apopka's strategic location, approximately 1.5 miles from downtown, 15 minutes from Orlando, 30 minutes from Walt Disney World, and 10 minutes from shopping and premier healthcare, caters to a growing community and the needs of Central Florida's aging population. The buyer is responsible for verifying all information with the City of Apopka. This property offers significant upside potential for investors seeking a high-demand location and flexible use options. The asking price is $1,495,000.

Location Insight

City

Apopka

County

Orange

State

Florida

Latitude

28.6829

Longitude

-81.5098

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