Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $555,000
    Assisted living facilities

    6810 7th St, Margate, FL 33068-2404

    19,565 SF 1.39 ac lot Built 1972
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US18-1321916
    Property summary
    AI-generated overview

    This exceptional 27,408 square foot assisted living and memory care facility in Margate, Florida, presents a lucrative investment opportunity. Located at 6810 SW 7th St, the property offers a comprehensive range of services designed to meet the growing needs of the senior population. The facility boasts secure memory care units, providing a safe and supportive environment for residents with cognitive impairments. In addition to specialized memory care, the property includes amenities such as therapy services, an on-site beautician, and inviting common areas to foster socialization and engagement. A structured activity program is in place to enrich the lives of residents and promote their well-being. This turnkey operation is poised for continued success, capitalizing on the increasing demand for high-quality senior care in a vibrant community. The asking price for this exceptional investment opportunity is $14,000,000. The property is situated on a 0-acre lot and offers a significant return on investment potential within the thriving senior living market. This is a rare chance to acquire a well-established and profitable business in a desirable location. The facility is fully equipped and ready for immediate operation, minimizing the need for significant capital expenditures. This presents a compelling opportunity for investors seeking a stable and rewarding investment in the growing senior care sector.

    Property profile
    Verified
    Property type Assisted living facilities
    Use group HOMES (RETIRED, NURSING)
    Year built 1972
    Construction CONCRETE
    Total area 19,565 SF
    Lot 1.39 ac (60,354 SF)
    Zoning code R-3
    APN 49-41-01-09-1770
    UPID US18-1321916
    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
    $710k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $555k
    Owner & transaction history
    Margate Tic 3 Holdings LLC · 3 yrs held
    Margate Tic 3 Holdings LLC
    since 2023
    Last sale
    $494,000
    7 recorded transactions
    2023
    2023
    $494,000
    2022
    $11.0M
    2020
    $7.0M
    2018
    $3.0M
    2014
    2000
    $20,000
    Zoning & alternative use
    R-3 · Margate, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 6810 7th St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message