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    1845 Garfield St Hollywood, FL 33020-3115

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    1845 Garfield St Hollywood, FL 33020-3115


    • Assisted living facilities
    • 5,904 SF
    • 0.56 lot acres
    Off-Market
    Last Sale Dec 20, 2021
    $4,200,000
    Property ID
    US18-1428274
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $4,680,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sunny Days Assisted Living Facility / Retirement Community / Nursing Home
    • Sunny Days Assisted Living / Nursing Home / Retirement Community

    Property Details for 1845 Garfield St

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    0.56 lot acres
    Property size
    5,904 SF
    Zone code
    ND-1
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    51-42-10-06-0170
    APU
    514210060170

    Description

    This exceptional investment opportunity presents a rare chance to acquire a thriving 41-bed Assisted Living Facility (ALF) in Hollywood, Florida. Located at 1845 Garfield Street, just off US1, this property boasts a prime location and strong performance. The asking price is $4,900,000, and the sale includes the real estate, the established business, all necessary licenses, and a reliable generator. Built in 1956, the single-building facility currently operates at 80% occupancy, indicating significant potential for increased revenue by filling existing vacancies. The property benefits from a fully staffed and managed operation, ensuring a smooth transition for the new owner. This turnkey operation minimizes the need for immediate staffing or management changes, allowing for a quick return on investment. The high occupancy rate and established reputation within the community contribute to the strong financial outlook. Given the limited availability of comparable Assisted Living Facilities in this desirable location, this represents a truly unique and highly sought-after investment opportunity. Don't miss this chance to acquire a well-established and profitable business in a thriving market. The property is situated in Broward County, Florida, with a zip code of 33020.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $5,165,000
      NEIGHBORHOOD: SHOPPING CENTER
      $3,940,000
      AUTO REPAIR, GARAGE
      $3,475,000
      OFFICE BUILDING
      $2,885,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1449
    Latitude
    26.0219
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,393
    $219,470
    $983,120
    $1,202,590
    -
    $219,470
    $983,120
    $1,202,590
    More about this property
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