10921 5Th StMiami, FL 33174
- Other commercial real estate
Property Details for 10921 5Th St
- Year built
- 1977
- Property type
- Other commercial real estate
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a fully operational, 12-bed assisted living facility in Sweetwater, Florida, ideally situated near Florida International University. Built in 1977, this duplex property offers a compelling cap rate exceeding 9%, generating attractive earnings of $2,800 per bed through Social Security and Medicare payments. The facility is fully licensed and compliant, ensuring a smooth transition for the new owner. All operational aspects are in place, including a full kitchen, dedicated staff, provision of food, and all traditional assisted living services. The asking price is $3,000,000. This turnkey business presents a rare opportunity to acquire a profitable and established assisted living facility in a desirable location with strong potential for continued growth and success. The property is located at 10921 SW 5th St, Sweetwater, FL 33174, within Miami-Dade County. The property is classified as retail, with a business subtype.
Location Insight
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.7643
- Longitude
- -80.3732
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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