18520 Blue Star Hwy Quincy, FL 32351
For Sale
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This exceptional 17,351 square foot assisted living facility presents a unique investment opportunity. Currently approximately 75-80% complete, this single-story building sits on a spacious 13-acre lot, conveniently located approximately 2.6 miles from downtown Quincy, Florida. The facility features two wings, east and west, each designed to accommodate 24 residents, with a total capacity of 48 residents. Each of the 24 bedrooms includes double walk-in closets, a private shower, toilet, and vanity. Residents will enjoy ample common areas, including eight separate lounge areas, a dedicated dining room, and a fully equipped commercial kitchen. The property also includes a separate building housing a chapel, a multi-purpose conference room ideal for training or meetings, a beauty salon, and a private bedroom suite for guests. To reach full completion, the property requires the installation of flooring, light fixtures, plumbing fixtures, HVAC units, kitchen appliances, as well as the construction of a parking lot and landscaping. This is a remarkable opportunity to acquire a nearly finished assisted living facility with significant potential for growth and profitability in a desirable location. The substantial acreage provides ample room for future expansion or additional amenities. The property is priced at $1,249,000.
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Sunshine Fireworks (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.