Assisted Living Facility For
For Sale
Contact for pricing
100 Assisted Living St, Hollywood, FL 33020
100-bed assisted living facility in South Broward, Florida.
Property Size27,270 SF
Lot Size0.54 Acres
Price / SF$485.88
Days on Market1096
Property Features for 100 Assisted Living St
General Information
Standard status
Active
Size
27,270 SF
Class
C
Lot size
0.54 Acres
Property subtype
Senior Living
Net Operating Income
$970,096
Site & Location
Neighborhood
North Central
Building Details
Units
50
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
John DeMarco · License #BK3134747
(954) 453-1000
Source:
Crexi
Added: Nov 6, 2023
Changed: Oct 26
Last Checked: Nov 4 at 11:14AM
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 RE/MAX 5 Star Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 100-bed licensed Assisted Living Facility is available for purchase in South Broward, Florida. The building has a total size of 27,270 square feet and is situated on a 23,707-square-foot lot. The property generates a Net Annual Income of $970,096.89, resulting in an actual CAP Rate of 7.32%. The sale includes the Real Estate, Business, Business Related Licenses, and Inventory. The full staff will remain after closing. This property presents an investment opportunity in an ALF market with limited inventory.
Key Highlights
- High Net Annual Income: $970,096.89
- Attractive CAP Rate: 7.32%
- 100‑bed Licensed Assisted Living Facility**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$454,536
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,090,720
$9.1M
Cap Rate 7%
$6,493,371
$6.5M
Cap Rate 9%
$5,050,400
$5.1M
Market Conditions
NOI Build-Up for 27,270 SF
Gross rent
$867.2K $31.80/SF
− Vacancy
−$40.8K −$1.49/SF
EGI
$826.4K $30.31/SF
− OpEx
−$371.9K −$13.64/SF
NOI
$454.5K $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%
$9,090,720
Cap Rate 7%
$6,493,371
Cap Rate 9%
$5,050,400
Alternative Uses
Best Use
Apartment 5plus
$6.49M
$5.68M – $7.58M
NOI $454,536 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.67M
$9.33M – $12.45M
NOI $746,762 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,440
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Similar Off Market Nearby
- Life is Precious ALF — 2527 Jackson St, Hollywood, FL 33020
- Robert Shapiro & Associates PA — 2721 Hollywood Blvd, Hollywood, FL 33020
- Kosher Assisted Living — 2448 polk st, hollywood, fl 33020
- Home Instead — 2131 Hollywood Blvd STE 503, Hollywood, FL 33020
- MAZAL Nursing Services, Inc. — 1930 Harrison St STE 205, Hollywood, FL 33020
Frequently Asked Questions
What type of property is this?
Assisted living facility - 100-bed assisted living facility in South Broward, Florida.
Where is this assisted living facility located?
The property is located at 100 Assisted Living St Hollywood, FL.
What is the asking price?
The asking price for this property is $13,250,000.
What are key features of this property?
This property features: High Net Annual Income: **$970,096.89**; Attractive CAP Rate: **7.32%**; 100‑bed Licensed Assisted Living Facility**
