Technical
Financial
Distress signals
Property profile

6810 7th St Margate, FL 33068

OFF-MARKET
Assisted living facilities
Property ID
US18-1321916
19,565 SF 1.39 ac lot Built 1972
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

6810 7th St Margate, FL 33068-2404
Margate metro Census 20404 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$520k

Owner & transaction history

since 2023
Last sale
$494,000
7 recorded transactions
2023
Price N/A
2023
$494,000
2022
$11.0M
2020
$7.0M
2018
$3.0M
2014
Price N/A
2000
$20,000

Zoning & alternative use

R-3 · Margate, FL
Zoning description

The intent of this zone is to provide multiple dwelling facilities

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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.
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