For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Licensed Assisted Living Community Title is generated by Realmo AI

    1234 Old Main Street, Bradenton, FL 34205

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Licensed assisted living community offering 27 units and 36 beds in Bradenton, Florida.

    Type:Retail, Senior Living, Special Purpose
    Property size:
    10,000 SF
    Price / SF:
    $195/SF
    Added:
    Jun 11, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 3:08 am

    Property Features for 1234 Old Main Street

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Retail, Senior Living, Special Purpose

    Building Details

    Year Built
    1925

    We can help!

    Listing Contact
    Scott Reid
    Scott Reid

    Listing agent Scott Reid License #9009637

    Listing office ParaSell Inc

    Listing date Jun 11, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc

    HighLights

    • Licensed assisted living community offering 27 units and 36 beds
    • Built in 1925

    Overview

    This for-sale licensed assisted living community is configured as 27 units providing 36 licensed beds. The property is offered by an absentee owner, and it presents as an operational healthcare use within the assisted living category.

    Located on Old Main Street in Bradenton, Florida, the community is positioned in the North Port–Sarasota–Bradenton region as referenced in the public remarks. Prospective buyers should verify all details related to licensing, unit configuration, and operating requirements during their due diligence.

    For buyers seeking a healthcare-focused asset in the assisted living segment, the current mix of 27 units and 36 beds supports a range of resident arrangements typical of licensed communities. This offering may appeal to individuals or organizations looking to acquire an assisted living property with an established resident capacity already defined by the 36-bed licensing reference. Interested parties should conduct thorough review of the property’s licensing status and any associated operational documentation prior to purchase to confirm fit for their intended management and resident care plans.

    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 $232.8k $23.28
    − Vacancy −$12.8k −$1.28
    EGI $220.0k $22.00
    − OpEx −$99.0k −$9.90
    NOI $121.0k $12.10
    10,000 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.73M
    $1.51M – $2.02M (±1% cap)
    NOI $120,998 @ 7.0% cap · market cap 6.21%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.94M
    $2.57M – $3.43M (±1% cap)
    NOI $205,848 @ 7.0% cap · market cap 10.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Hair Salon Real Estate Agency Kitchen & Bath Showroom Storage Facility Accounting Firm Bar & Pub Garden Center Department Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

    Similar Places Nearby

    • Our Home At Wares Creek — 1725 Manatee Ave W, Bradenton, FL 34205
    • Magnolia on the Avenue — 1725 Manatee Ave W, Bradenton, FL 34205
    • Browns Boarding Home — 113 11th Ave W, Bradenton, FL 34205
    • Personal Care II Alf — 120 8th Ave E, Bradenton, FL 34208
    • Advocates Inc — 1500 4th Ave W, Bradenton, FL 34205

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.584
    Latitude
    27.4818

    FAQs

    What type of property is this?
    Assisted living facility - Licensed assisted living community offering 27 units and 36 beds in Bradenton, Florida.
    Where is this assisted living facility located?
    The property is located at 1234 Old Main Street Bradenton, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Licensed assisted living community offering 27 units and 36 beds; Built in 1925
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message