Large Home for Assisted
For Sale
$1,099,995
3211 Calle Largo Dr, Hollywood, FL 33021
Spacious home ideal for assisted living or group home.
Property Size3,599 SF
Lot Size0.30 Acres
Price / SF$305.64
Days on Market169
Property Features for 3211 Calle Largo Dr
General Information
Standard status
Active
Size
3,599 SF
Lot size
0.30 Acres
Building Details
Year Built
1982
Listing Agency:
Real Broker LLC
Listed By:
Adrienne Malics · License #3057596
(305) 491-6714
Source:
Thepennteam
Added: Apr 24
Changed: Oct 4
Last Checked: Oct 7 at 2:01PM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
This property is suitable for establishing an assisted living facility, group home, or sober living facility. The home offers over 3,500 square feet of living space, featuring 6 bedrooms and 4 bathrooms. It includes multiple entrances and large common areas. The property has a new roof and impact windows. There is space available for an office, staff quarters, and a storage area. The oversized lot, exceeding 13,000 square feet, allows for future building expansion, with the potential to add extra bedrooms and bathrooms. Parking is available for 6 or more cars. The property is one of the largest homes in the area. It is centrally located near I-95, with hospitals and shopping within a mile. The location has a bike score of 65, indicating it is bikeable, and a walk score of 73, signifying it is very walkable. The transit score is 37, suggesting some transit options are available.
Key Highlights
- Ideal for Assisted Living Facility (ALF), Group Home, or Sober Living Facility due to its size and layout.
- Boasts a Large 3,500+ sq ft living space with 6 bedrooms and 4 bathrooms.
- Oversized 13,000+ sq ft double lot allows for future expansion.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,988
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,760
$1.2M
Cap Rate 7%
$856,971
$857.0K
Cap Rate 9%
$666,533
$666.5K
Market Conditions
NOI Build-Up for 3,599 SF
Gross rent
$114.4K $31.80/SF
− Vacancy
−$5.4K −$1.49/SF
EGI
$109.1K $30.31/SF
− OpEx
−$49.1K −$13.64/SF
NOI
$60.0K $16.67/SF
Area
Hollywood, FL
Vacancy
4.70%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,760
Cap Rate 7%
$856,971
Cap Rate 9%
$666,533
Alternative Uses
Best Use
Apartment 5plus
$857.0K
$749.9K – $999.8K
NOI $59,988 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,555 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,067
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33021, FL
50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value
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Similar Off Market Nearby
- AccentCare Inpatient Hospice Center at Memorial Regional Hospital South-Hollywood — 3600 Washington St Floor 3, Hollywood, FL 33021
- Seasons Hospice & Palliative Care In patient Unit — 3600 Washington St, Hollywood, FL 33021
- Life is Precious ALF — 2527 Jackson St, Hollywood, FL 33020
- Advanced Senior Care — 4950 washington st #128, hollywood, fl 33021
- Robert Shapiro & Associates PA — 2721 Hollywood Blvd, Hollywood, FL 33020
Frequently Asked Questions
What type of property is this?
Assisted living facility - Spacious home ideal for assisted living or group home.
Where is this assisted living facility located?
The property is located at 3211 Calle Largo Dr Hollywood, FL.
What is the asking price?
The asking price for this property is $1,099,995.
What are key features of this property?
This property features: Ideal for Assisted Living Facility (ALF), Group Home, or Sober Living Facility due to its size and layout.; Boasts a Large 3,500+ sq ft living space with 6 bedrooms and 4 bathrooms.; Oversized 13,000+ sq ft double lot allows for future expansion.
