1782 Coconut Dr Venice, FL 34293
This exceptional 2,778 square foot assisted living facility in Venice, Florida, is offered at $810,000. Built in 1972 and currently operating at 50% occupancy, this six-bedroom, three-bathroom property features recently updated interiors including windows, flooring, kitchen, and appliances. The facility includes a state-of-the-art sprinkler system and a backup generator, ensuring safety and uninterrupted service. A fully trained staff is in place, providing a turnkey operation with a steady income stream from existing residents. The property benefits from a strong demand for assisted living services in the growing Venice senior population and presents a significant opportunity for expansion. Recent upgrades include solar panels. This is a rare opportunity to acquire an established, income-generating business in a desirable Florida location. Serious inquiries only; appointments required. Do not disturb staff or residents.
-
French Blossoms Assisted Living Facility Nursing Home Retirement Community
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.