Individually Owned Property summary
This turnkey assisted living facility (ALF) in Sunrise, Florida, presents a unique investment opportunity. Spanning 1,740 square feet, this well-established business has operated successfully for over 22 years, with the current owner for the past 7. Founded by nurses, it prioritizes high-quality care and resident dignity. The property includes two licensed 6-bed facilities, each a 4-bedroom, 2-bathroom home. Significant recent upgrades include a new roof, hurricane-impact windows and doors, and a modernized kitchen. All licenses are current and in good standing, with no reported violations. The asking price is $675,000, reflecting a compelling value proposition. The property is ideally suited for continued operation as an ALF or conversion to a group home or medical housing facility. To facilitate a smooth transition, the current owner is offering up to two weeks of remote support post-closing. This exceptional opportunity is priced to sell; a viewing is highly recommended. Please note that photos are unavailable at this time to protect the privacy of residents. The property was built in 1973 and is located at 2560 NW 83rd Ave, Sunrise, FL 33322.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The districts are established for low density residential dwelling units at densities not to exceed 5 units per gross acre
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RS-5 · Sunrise, FLThe districts are established for low density residential dwelling units at densities not to exceed 5 units per gross acre
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for RS-5 in Sunrise, FL.
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