14108 Old Dixie HwyHudson, FL 34667

  • Mixed-use properties
  • 3,022 SF
For Sale
$1,240,000 View listing

Property Details for 14108 Old Dixie Hwy

Year built
1970
Lot size
0.51 AC
Property size (Sq ft)
3,022 SF
Zone code
00R2
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
27-24-16-0110-01200-0041
APU
2724160110012000041

Description

This exceptional investment opportunity presents a fully operational, 17-bed assisted living facility in Hudson, Florida. Located on a 0.51-acre lot at 14108 Old Dixie Highway, this 4,000 square foot property boasts nine rooms and currently houses 16 residents, generating a gross monthly income of $39,015. The asking price of $1,240,000 includes the real estate ($890,000), the established business ($350,000), and all furniture, fixtures, and equipment ($70,000). Conveniently situated minutes from the freeway, ensuring easy access for residents' families. The current ownership model involves semi-absentee management, with the owner handling payroll and some administrative tasks, while an on-site manager oversees daily operations. This well-established assisted living community offers a strong return on investment and a turnkey operation for a new owner. The property is easily accessible from US 19, traveling west onto Hudson Avenue, then south onto Old Dixie Highway. This is a rare opportunity to acquire a profitable and established business in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $626,749
    6.5%
    $578,537
    7%
    $537,213
  • Comparable approach

    Method
    Valuation
    Relative Method
    $333,266
    Geo Method
    $333,266
  • Alternative Use

    Use
    Valuation
    Residential
    $717,386
    Hospitality
    $657,122
    Educational
    $546,718
    Medical
    $565,520
    Retail
    $850,450
14108 Old Dixie Hwy, Hudson, Florida

Location Insight

City
Hudson
County
Pasco
State
Florida
Latitude
28.3622
Longitude
-82.6986
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,898
$60,500
$272,151
$332,651
-
$60,500
$272,151
$332,651

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