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Property profile & analytics

4681 66th Ave Davie, FL 33314-4340

  • Assisted living facilities
  • 3,434 SF
  • 0.28 lot acres
OFF-MARKET
Last Sale
Dec 05, 2022
$1,700,000
Value Estimations
$1,680,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-5101229
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.

Current Use by Public Records

  • Assisted living facilities

Property Details for 4681 66th Ave

Year built
1973
Construction
CONCRETE
Lot size
0.28 lot acres
Property size
3,434 SF
Zone code
GRIFFIN CORRIDOR DISTRICT
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
50-41-27-01-0591
APU
504127010591

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,680,000
    ML approach
    $1,675,000
  • Alternative Use

    Use
    Estimation
    HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
    $1,060,000
    Current use
    AUTO REPAIR, GARAGE
    $2,560,000
    Change: +142% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $2,290,000
    Change: +116% Conversion: Difficult
    OFFICE BUILDING
    $1,885,000
    Change: +78% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $1,665,000
    Change: +57% Conversion: Difficult
    MEDICAL BUILDING
    $1,205,000
    Change: +14% Conversion: Difficult
    RETAIL STORES
    $1,200,000
    Change: +13% Conversion: Difficult
    WAREHOUSE, STORAGE
    $1,115,000
    Change: +5% Conversion: Difficult

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Location Insight

  • Map
  • Local Demand
City
Davie
County
Broward
State
Florida
Longitude
-80.2343
Latitude
26.0632
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
$11,817
$86,630
$298,420
$385,050
-
$86,630
$298,420
$385,050
More about this property
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