Assisted Living Facility on Three
For Sale
$950,000
15458 SNOW MEMORIAL Highway, Brooksville, FL 34601
MULTI_FAMILY - BROOKSVILLE, FL
Property Size3,456 SF
Lot Size3.00 Acres
Price / SF$274.88
Days on Market143
Property Features for 15458 SNOW MEMORIAL Highway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
AG
Bedrooms
10
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 6, Bedroom 9, Bathroom 4, Bedroom 3, Laundry Room, Bedroom 8, Bedroom 10, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 2
Parking features
Guest, Open, Oversize
Interior features
Ceiling Fans(s)
Exterior features
Courtyard, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk
Subdivision
S1/2 OF W3/4 OF S1/2 OF SW1/4 OF SE1/4
Elementary school
Brooksville Elementary
Middle school
D.S. Parrot Middle
High school
Hernando High
Directions
Cortez Blvd, slight right turn onto S Broad St, turn left onto Snow Memorial Hwy, on the right
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
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Well
Amenities
covered screened-in back patio
pavilion with kitchen sink, grill, pizza oven
Building Details
Year built
1960
Number of units
2
Flooring type
Vinyl, Tile - Ceramic
Building materials
Block, Stucco
Roof type
Metal
Additional Structures
Outdoor Kitchen, Gazebo
Listing Agency:
HOME LAND REAL ESTATE INC
(352) 556-0909
Listed By:
Kimberly Pye, PA · License #3315876
(352) 279-1150
Added: Mar 11
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# W7883652
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.
Investment Insights
Based on property information with market context.
Assisted living facility opportunity on a three-acre AG-zoned property with two separate residences. The main house is 1,216 sq ft and has three bedrooms, two remodeled bathrooms, two living rooms, and a full remodeled kitchen, plus a large laundry room with two sets of washers and dryers. The second house is set up for assisted living and is 2,240 sq ft, featuring seven bedrooms (can be eight), three remodeled bathrooms, a full remodeled kitchen and dining room, and a large covered, screened-in back patio.
Outdoor gathering space includes a large pavilion with a kitchen sink, a grill, and a pizza oven, along with a large parking lot to accommodate visitors. Construction includes block and stucco with a metal roof. The property has central air and electric heating, cable available, a well water source, and a septic tank. Located at 15458 Snow Memorial Highway in Brooksville, FL.
Outdoor gathering space includes a large pavilion with a kitchen sink, a grill, and a pizza oven, along with a large parking lot to accommodate visitors. Construction includes block and stucco with a metal roof. The property has central air and electric heating, cable available, a well water source, and a septic tank. Located at 15458 Snow Memorial Highway in Brooksville, FL.
Key Highlights
- Three‑acre property zoned AG
- Assisted living facility use up to ten beds
- Two houses: main house 1,216 sq ft plus assisted living home 2,240 sq ft
Financial Insights For Multifamily LT 5
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 | $61.8k | $17.88 |
| − Vacancy | −$4.2k | −$1.21 |
| EGI | $57.6k | $16.67 |
| − OpEx | −$17.3k | −$5.00 |
| NOI | $40.3k | $11.67 |
3,456 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$576.3K
$504.3K – $672.3K
NOI $40,340 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$454.1K
$397.3K – $529.8K
NOI $31,785 @ 7.0% cap · market cap 3.35%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Assisted living facility - Three-acre AG-zoned property designed for assisted living up to ten beds, with two remodeled houses.
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: Three‑acre property zoned AG; Assisted living facility use up to ten beds; Two houses: main house 1,216 sq ft plus assisted living home 2,240 sq ft
