Hollywood, FL 33020 1722 Madison St
$3,990,000
55 more
Presented By: This listing is courtesy of Stoic Estates, LLC.;
SQFT • 6,652
Home Details
Hollywood Beach Retirement Home – Assisted Living Facility for Sale in Hollywood, Florida
Asking Price: $3,995,000 million | Cap Rate: 12%
Key Features:
Generac generator for uninterrupted power supply
Impact windows for enhanced safety
Newly installed roof
With an impressive and attractive 10.56% cap rate, this facility promises solid and consistent returns. It houses more middle-aged long-term residents. Hollywood, known for its beautiful coastal environment, is a highly desirable location for retirees, making this investment an excellent opportunity in the assisted living market.
Presented By: This listing is courtesy of Stoic Estates, LLC.;
Interior Features for 1722 Madison St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NNo
Window FeaturesImpactGlass
General for 1722 Madison St
Additional Parcels Y/NNo
Attached Garage No
Building NameHollywood Beach Retirement
Business TypeHealthServices
Carport Y/NNo
CityHollywood
Construction MaterialsBlock
CoolingCentralAir
CountyBroward
ElectricVolts110, Amps100
Electric On Property Y/NNo
Energy EfficientWaterHeater, Windows
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1300.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHOLLYWOOD 1-21 B LOT 21, 22 BLK 62
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area3010
MLS Area MinorHollywood East (3010-3050)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
PossessionClosingAndFunding, CloseOfEscrow
PostalCityHollywood
Property Attached Y/NNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Security FeaturesSecuritySystem, Fenced, FireSprinklerSystem, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount21723.0
Tax Year2024
Virtual TourClick here
Waterfront Y/NNo
Year Built1952
Year Built DetailsResale
Zoning DescriptionFH-1
Exterior for 1722 Madison St
Building Area Total6652.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesSecurityHighImpactDoors
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Parking FeaturesOther, OnStreet
Private PoolNo
Road Frontage TypeCityStreet, Other
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
lesbia Hernandez
Realtor®
