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    5650 219Th Street Rd Micanopy, FL 32667

    For Sale
    $750,000

    3-Acre Estate, 6,757 sq ft

    Property size:
    6,757 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 6,757 square foot assisted living facility, nestled on a tranquil 3.01-acre lot in Micanopy, Florida, presents a unique investment opportunity. Built in 1981, this well-maintained property has a rich history of providing care, having operated at times with over 15 residents. The current owner, who has lovingly maintained the property for 22 years, ensures the building is in excellent condition. Mechanical systems are in good working order, featuring three water heaters (one gas-powered) and three air conditioning units ranging in age from one to ten years. A robust 48KW generator provides reliable power, complemented by a sprinkler system and a security system for added peace of mind. Ample storage is available in a large storage shed. The property boasts multiple screened porches, perfect for enjoying the serene rural setting and observing local wildlife. The electrical system features a Square D breaker panel. This versatile property offers significant potential for continued operation as an assisted living facility, or for repurposing as a group home or retreat center. Its location in rural Marion County provides a peaceful environment while remaining accessible. The property's size and features make it an attractive option for various uses.

    Property Features for 5650 219Th Street Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,757 SF
    Lot Size
    131,116 SF

    Building Details

    Year Built
    1981
    Insight Report Location Intelligence

    Current Use by Public Records

    McIntosh Assisted Living Assisted Living Facility

    Suggested Use

    Restaurant Building Supply Auto Parts Store Department Store Kitchen & Bath Bar & Pub Nursing Home Assisted Living Facility Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Micanopy
    County
    Marion
    State
    Florida
    Longitude
    -82.21695
    Latitude
    29.46662

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    FAQs

    What type of property is this?
    Commercial real estate - 3-Acre Estate, 6,757 sq ft
    Where is this commercial real estate located?
    The property is located at 5650 219Th Street Rd Micanopy, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    (352) 377-8899
    Request Owner's contact information
    5650 219Th Street Rd Micanopy, FL 32667
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    Micanopy, FL 32667
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5650 219Th Street Rd Micanopy, FL 32667
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