6810 7th St, Margate, FL 33068-2404
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-3 · Margate, FLMargate. Always verify with local authorities before improvements.
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.