2560 83Rd AveSunrise, FL 33322

Property Details for 2560 83Rd Ave

Year built

1972

Construction

CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

1,740 SF

Zone code

RS-5

Property type

Healthcare properties

Property subtype

Assisted living facilities

APN

49-41-28-11-0350

APU

494128110350

Description

This turnkey assisted living facility (ALF) in Sunrise, Florida, presents a unique investment opportunity. Spanning 1,740 square feet, this well-established business has operated successfully for over 22 years, with the current owner for the past 7. Founded by nurses, it prioritizes high-quality care and resident dignity. The property includes two licensed 6-bed facilities, each a 4-bedroom, 2-bathroom home. Significant recent upgrades include a new roof, hurricane-impact windows and doors, and a modernized kitchen. All licenses are current and in good standing, with no reported violations. The asking price is $675,000, reflecting a compelling value proposition. The property is ideally suited for continued operation as an ALF or conversion to a group home or medical housing facility. To facilitate a smooth transition, the current owner is offering up to two weeks of remote support post-closing. This exceptional opportunity is priced to sell; a viewing is highly recommended. Please note that photos are unavailable at this time to protect the privacy of residents. The property was built in 1973 and is located at 2560 NW 83rd Ave, Sunrise, FL 33322.

• CAP approach

  CAP return

  Valuation

  6%

  $505,668

  6.5%

  $466,771

  7%

  $433,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $591,135

  Geo Method

  $591,135

• Alternative Use

  Use

  Valuation

  Residential

  $592,118

  Hospitality

  $542,377

  Educational

  $451,252

  Medical

  $466,771

  Retail

  $701,947

Location Insight

City

Sunrise

County

Broward

State

Florida

Latitude

26.157

Longitude

-80.2582

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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