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    1845 Garfield St Hollywood, FL 33020

    For Sale
    $4,900,000

    41-bed assisted living facility for sale in Hollywood, Florida.

    Lot size:
    0.56 Acres

    Property Features for 1845 Garfield St

    General Information

    Lot size
    0.56 Acres

    Building Details

    Year built
    1956

    Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Assisted Living Facility Opportunity

    A 41-bed assisted living facility located at 1845 Garfield St, Hollywood, Florida, is available for purchase. Situated just off US1, the sale encompasses the real estate, the business, necessary licenses, and a generator. The facility is currently operating at 80% occupancy. The property presents opportunities for enhanced profitability through vacancy management and expense optimization. The sale includes existing staff and management.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sunny Days Assisted ... Retirement Home Sunny Days Assisted ... Assisted Living Facility

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Home Instead, MAZAL Nursing Services, Inc., Midtown Manor, Kosher Assisted Living, Robert Shapiro & Associates PA

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1448844
    Latitude
    26.021923

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    FAQs

    What type of property is this?
    Assisted living facility - 41-bed assisted living facility for sale in Hollywood, Florida.
    Where is this assisted living facility located?
    The property is located at 1845 Garfield St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Prime 41-bed Assisted Living Facility (ALF) in Hollywood location.; - Sale includes real estate, business, licenses, and generator.; - Currently operating at 80% occupancy, offering immediate income.
    (954) 743-7594
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    1845 Garfield St Hollywood, FL 33020
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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
    1845 Garfield St Hollywood, FL 33020
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