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$12,500,000
Est. payment /mo
27,408 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 27,408 sqft
Price per Sqft $456
MLS Listing ID A12098306
HOA Y/N No
Year Built 1972
Annual Tax Amount $155,164
Tax Year 2025
Property Description
Outstanding investment or owner-user opportunity in the heart of Margate. This free-standing commercial property is purpose-built and fully licensed for 111 beds assisted living, offering a rare combination of scale, functionality, and location. Set on a 1.3855-acre lot and boasting 23,382 sq. ft. of living space, this well-maintained facility is thoughtfully designed to provide comfort, safety, and operational efficiency, spacious common areas, shared, private, and semi-private rooms, and commercial-grade kitchen facilities. The property's size and layout allow for a substantial resident capacity while maintaining an intimate, home-like atmosphere. Located near medical centers and community amenities, it offers both convenience and accessibility for families and healthcare providers.
Location
State FL
County Broward
Area 3360
Zoning R-3
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Exterior
Roof Type Tar/Gravel
Private Pool Yes
Building
Water Public
Structure Type CBSConcreteBlockStructure,Block
Others
Tax ID 494101091770
Security Features Fenced,Fire Sprinkler System,Security Gate,Smoke Detector(s)
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12098306
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Listed by Stoic Estates, LLC.
NEARBY SCHOOL & BUSINESS
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