Listing Agency: All Realty Services l***@embarqmail.com Show Phone

Listed By: Benjamin Marinelli · License #3324872 Show Phone

Added: May 22 Changed: Oct 2 Last Checked: Oct 20 at 7:06AM

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MLS# 400267

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Investment Insights

Based on property information with market context.

The Madison County property includes a 5,165-square-foot assisted living facility configured for 10 units, along with a separate 3-unit apartment building. The assisted living facility was previously licensed for 30 beds. Both components occupy a 5-acre site in Madison, Florida.

Key Highlights

• 5‑acre property in Madison County, Florida
• 5,165‑square‑foot assisted living facility with 10 units
• Previously licensed for 30 beds

Property Analytics

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Current Use

Southern Living For Seniors Retirement Community

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Nursing Home Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13

Residential units

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 32340, FL

10,744

Population

4,567

Households

2.4

Avg Household Size

45

Median Age

13%

College-Educated

81%

High-School Grad

208.5 sq mi

ZIP Area

52

Density / Sq Mi

$43,393

Median Household Income

$32,937

Median Earnings

$814

Median Rent

$115,900

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Assisted living facility - Formerly licensed for senior care, the property also includes a separate apartment component.

Where is this assisted living facility located?

The property is located at 765 NE Delphinium Drive Madison, FL.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: 5‑acre property in Madison County, Florida; 5,165‑square‑foot assisted living facility with 10 units; Previously licensed for 30 beds