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Property profile & analytics
OFF-MARKET Estimated value $1,690,000
Assisted living facilities

4681 66th Ave Davie, FL 33314-4340

3,434 SF 0.28 ac lot Built 1973
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-5101229
Property summary
AI-generated overview

This exceptional acquisition opportunity presents a fully licensed and operational 20-bed assisted living facility in the thriving city of Davie, Florida. Located at 4681 SW 66th Ave, this 3,434 square foot facility represents a turnkey investment in the rapidly expanding senior care market. The property is fully compliant with all relevant state and federal regulations, ensuring a smooth and efficient transition for the new owner. This presents a significant advantage, minimizing the time and resources typically required to establish a new facility. The existing infrastructure and operational framework allow for immediate revenue generation, making this an attractive proposition for investors seeking a stable and profitable venture. The facility's prime location in Davie offers easy access to essential services and amenities, further enhancing its appeal to residents and their families. This presents a unique opportunity for expansion into the mental health sector, leveraging the existing infrastructure and established reputation within the community. The asking price for this exceptional assisted living facility is $2,400,000. Serious inquiries only. This is a rare opportunity to acquire a well-established and profitable business in a high-demand market. All interested parties should be prepared to provide proof of funds and relevant experience in the healthcare industry.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1973
Construction CONCRETE
Total area 3,434 SF
Lot 0.28 ac (12,376 SF)
Zoning code GRIFFIN CORRIDOR DISTRICT
APN 50-41-27-01-0591
UPID US18-5101229
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.69M
Owner & transaction history
Davie Caring Propco LLC · 3 yrs held
Davie Caring Propco LLC
since 2022
Last sale
$1.7M
5 recorded transactions
2022
$1.7M
2020
Price N/A
2018
$280,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GRIFFIN CORRIDOR DISTRICT · Davie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.6M +141.7%
Neighborhood: shopping center $2.3M +116.0%
Office building $1.9M +77.8%
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