Hollywood Assisted Living Facility For
900 N 24th Avenue Hollywood, FL 33020
900 N 24th Avenue, Hollywood, FL, 33020
$900,000
For Sale
Under Contract
$900,000
COMMERCIAL - Hollywood, FL
Property Size1,807 SF
Lot Size0.17 Acres
Price / SF$498.06
Days on Market484
Property Features for 900 N 24th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RM-9
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active Under Contract
- APN
- 514209010431
- Size
- 1,807 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- DIXIE GARDENS 2-42 B LOT 1 E1/2 LESS N 150 BLK 7
- Tax Annual Amount
- 9179
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile
Listing Agency
441 Realty LLC
(561) 237-4240
20283 SR7 No. 300, Boca Raton, FL
Listed by
Itamar Ben-Avi · License #3331827
(561) 706-2222
Added: Mar 21, 2025 Checked: Jul 17 at 2:06 pm
MLS# R11073888
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a fully licensed and operational 8-bed assisted living facility for sale, including the real estate, business, and inventory. The property is located in Hollywood, Florida. The business is fully equipped and features all necessary infrastructure, furnishings, and a client base for a seamless transition. The facility is ideally positioned near hospitals and medical centers, ensuring a steady demand for senior care services. The property has a lot size of 0.17 acres and a building size of 1,807 square feet. The zoning is RM-9. This is an opportunity for investors or healthcare professionals looking to enter or grow in the senior care industry.
Key Highlights
- Fully licensed and operational 8‑bed assisted living facility
- Sale includes the real estate, business, and inventory
- Central heating and central air conditioning
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.5k | $31.80 |
| − Vacancy | −$2.7k | −$1.49 |
| EGI | $54.8k | $30.31 |
| − OpEx | −$24.6k | −$13.64 |
| NOI | $30.1k | $16.67 |
1,807 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$430.3K
$376.5K – $502.0K
NOI $30,119 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.9K
$618.5K – $824.7K
NOI $49,483 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Victorian Meadows Residence
Nursing Home
Similar For Sale Nearby
Similar Off Market Nearby
- Christallis Manor LLC — 2119 Wilson St, Hollywood, FL 33020
- Merriment Assisted Living Residence — 1835 Wilson St, Hollywood, FL 33020
- Emerald Park — 1835 Wilson St, Hollywood, FL 33020
- Sheridan Manor — 2415 N 20th Ave, Hollywood, FL 33020
- Mail to: 15471 sw 148th ST, Miami, FL 33196 — 26.032994, -80.144158, hollywood, fl 33020
FAQs
What type of property is this?
Assisted living facility - Fully licensed 8-bed assisted living facility in Hollywood, Florida.
Where is this assisted living facility located?
The property is located at 900 N 24th Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Fully licensed and operational 8‑bed assisted living facility; Sale includes the real estate, business, and inventory; Central heating and central air conditioning
