For Sale
$800,000

0 Address Withheld By SellerClearwater, FL 33755

11+ Bed ALF, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 3,128 square foot assisted living facility in Clearwater, Florida, presents a unique investment opportunity. Located in Pinellas County (zip code 33755), this fully licensed and operational 11+ bed facility is offered at $800,000 ($255.75/sq ft). The sale includes the real estate, all furniture, fixtures, and equipment, and an active business with existing residents. Significant recent improvements enhance the property's value and functionality, including a complete main floor AC replacement (2021), second floor AC compressor replacement (2021), kitchen and four bathroom remodels, conversion from copper to PVC water pipes, updated showers, new ceramic tile flooring, and a new stove (2023) and gas dryer (2024). Further upgrades encompass a sewer connection (2019), balcony replacement (2019), installation of a fixed natural gas generator (2019), extended natural gas supply (2019), attic insulation (2023), and a tankless gas hot water heater (2019). The property boasts essential life safety systems, including sprinklers, a fire alarm, and an emergency generator. While currently operating as an assisted living facility, the property may qualify for alternative congregate living uses, subject to buyer verification with local authorities. Seller financing may be available for qualified buyers. All information is subject to verification by the buyer. The exact number of beds and detailed financial information will be provided upon execution of a non-disclosure agreement.

Highlights

  • 12-Bed Licensed & Operational Facility near West Coast Beaches
  • Fully equipped with sprinklers, fire alarm, and backup generator
  • Recently renovated with new AC, plumbing, flooring, bathrooms, and tankless water heater; connected to city sewer
  • Seller financing may be available

Property Details for 0 Address Withheld By Seller

Property type
Retirement homes
Square Feet
3,128 SF
Buildings
1

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.965937846532
Longitude
-82.805196097789
Address Withheld By Seller, Clearwater, Florida

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0 Address Withheld By Seller
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