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Property profile & analytics
OFF-MARKET
Retirement homes

1782 Coconut Dr Venice, FL 34293

2,778 SF Built 1972
Property ID
US18-5547922
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retirement homes
Year built 1972
Total area 2,778 SF
UPID US18-5547922
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • French Blossoms Assisted Living Facility Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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