Assisted Living Facility With Two
For Sale
$950,000
15458 SNOW MEMORIAL Highway, Brooksville, FL 34601
Commercial Sale, BROOKSVILLE, FL
Property Size3,456 SF
Lot Size3.00 Acres
Price / SF$274.88
Days on Market47
Property Features for 15458 SNOW MEMORIAL Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
AG
Appliances
Refrigerator
Lot features
Landscaped, Paved
Directions
Cortez Blvd, slight right turn onto S Broad St, turn left onto Snow Memorial Hwy, on the right
Subdivision
34601 - Brooksville
Standard status
Active
APN
R13-421-19-0000-0080-0000
Size
3,456 SF
Lot size
3.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S1/2 OF W3/4 OF S1/2 OF SW1/4 OF SE1/4 LESS E264 FT
Tax Annual Amount
10277
Legal Description
S1/2 OF W3/4 OF S1/2 OF SW1/4 OF SE1/4 LESS E264 FT
Utilities
Utilities
Phone Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well
Amenities
outdoor pavilion
party bar
pizza oven
screened-in back patio
laundry room
Building Details
Year built
1960
Floors in Building
1
Flooring type
Tile - Ceramic, Vinyl
Building materials
Block, Stucco
Roof type
Metal
Listing Agency:
HOME LAND REAL ESTATE INC
(352) 556-0909
Listed By:
Kimberly Pye, PA · License #3315876
(352) 279-1150
Added: Sep 17
Changed: Oct 23
Last Checked: Nov 2 at 9:06PM
MLS# W7889543
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3-acre AG-zoned property includes two houses totaling 3,456 square feet. The 1,216-square-foot main house offers three bedrooms, two remodeled bathrooms, two living rooms, a remodeled kitchen, and a large laundry room with two sets of washers and dryers. The second 2,240-square-foot house is configured for assisted living and includes bedrooms, three remodeled bathrooms, a remodeled kitchen, dining space, and a covered screened-in rear patio.
Outdoor improvements include a large pavilion with a sink, grill, and pizza oven, along with a parking lot for visitors. The property uses well water and a septic tank, with central heating and central air. Block and stucco construction, ceramic tile and vinyl flooring, and a metal roof are among the existing building features.
Outdoor improvements include a large pavilion with a sink, grill, and pizza oven, along with a parking lot for visitors. The property uses well water and a septic tank, with central heating and central air. Block and stucco construction, ceramic tile and vinyl flooring, and a metal roof are among the existing building features.
Key Highlights
- 3 acres with AG zoning and assisted living use up to 10 beds
- Two houses totaling 3,456 square feet
- Main house measures 1,216 sq ft and includes 3 bedrooms and 2 remodeled bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,785
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,700
$635.7K
Cap Rate 7%
$454,071
$454.1K
Cap Rate 9%
$353,167
$353.2K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$62.2K $18.00/SF
− Vacancy
−$4.4K −$1.28/SF
EGI
$57.8K $16.72/SF
− OpEx
−$26.0K −$7.52/SF
NOI
$31.8K $9.20/SF
Area
Hernando County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,700
Cap Rate 7%
$454,071
Cap Rate 9%
$353,167
Alternative Uses
Best Use
Apartment 5plus
$454.1K
$397.3K – $529.8K
NOI $31,785 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$787.3K
$688.9K – $918.5K
NOI $55,108 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 34601, FL
23,001
Population
12,276
Households
1.9
Avg Household Size
50
Median Age
20%
College-Educated
88%
High-School Grad
114.0 sq mi
ZIP Area
202
Density / Sq Mi
$56,365
Median Household Income
$35,182
Median Earnings
$1,066
Median Rent
$151,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Assisted living facility - AG-zoned property with two remodeled residences, multiple kitchens, outdoor gathering areas, and a large visitor parking lot.
Where is this assisted living facility located?
The property is located at 15458 SNOW MEMORIAL Highway Brooksville, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3 acres with AG zoning and assisted living use up to 10 beds; Two houses totaling 3,456 square feet; Main house measures 1,216 sq ft and includes 3 bedrooms and 2 remodeled bathrooms
