4681 66Th AveDavie, FL 33314

Property Details for 4681 66Th Ave

Year built

1973

Construction

CONCRETE

Lot size

0.28 AC

Property size (Sq ft)

3,434 SF

Zone code

GRIFFIN CORRIDOR DISTRICT

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

50-41-27-01-0591

APU

504127010591

Description

This exceptional acquisition opportunity presents a fully licensed and operational 20-bed assisted living facility in the thriving city of Davie, Florida. Located at 4681 SW 66th Ave, this 3,434 square foot facility represents a turnkey investment in the rapidly expanding senior care market. The property is fully compliant with all relevant state and federal regulations, ensuring a smooth and efficient transition for the new owner. This presents a significant advantage, minimizing the time and resources typically required to establish a new facility. The existing infrastructure and operational framework allow for immediate revenue generation, making this an attractive proposition for investors seeking a stable and profitable venture. The facility's prime location in Davie offers easy access to essential services and amenities, further enhancing its appeal to residents and their families. This presents a unique opportunity for expansion into the mental health sector, leveraging the existing infrastructure and established reputation within the community. The asking price for this exceptional assisted living facility is $2,400,000. Serious inquiries only. This is a rare opportunity to acquire a well-established and profitable business in a high-demand market. All interested parties should be prepared to provide proof of funds and relevant experience in the healthcare industry.

• CAP approach

  CAP return

  Valuation

  6%

  $1,316,512

  6.5%

  $1,215,241

  7%

  $1,128,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,166,643

  Geo Method

  $1,166,643

• Alternative Use

  Use

  Valuation

  Residential

  $1,541,585

  Hospitality

  $1,412,084

  Educational

  $1,174,837

  Medical

  $1,215,241

  Retail

  $1,827,524

Location Insight

City

Davie

County

Broward

State

Florida

Latitude

26.0632

Longitude

-80.2343

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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