7364 Lagoon Rd Spring Hill, FL 34606
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 7364 Lagoon Rd
- Property type
- Residential income homes
Description
This Spring Hill, Florida property, formerly an assisted living facility (ALF), presents a unique investment opportunity. Located at 7364 Lagoon Road, 34606, this residential and retail zoned property previously operated as a six-bed ALF. The building boasts a fully installed fire protection system and a backup generator, significantly reducing the startup costs for a new operator. While requiring some cosmetic updates ("TLC"), major systems are already in place, providing a head start for relicensing through the City and AHCA. The property is being sold as-is, with all appliances remaining. No furnishings are included; the previous tenant removed all personal items. This is an excellent chance to acquire a ready-to-relicense assisted living facility in a prime Hernando County location. The asking price is $5,200. The property's zoning allows for both residential and retail uses, offering flexibility for potential investors. This is a turnkey opportunity for an entrepreneur looking to enter the assisted living market or explore other business ventures. The property's location at 28.4584481, -82.5967091 offers convenient access to local amenities and transportation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring Hill
- County
- Hernando
- State
- Florida
- Longitude
- -82.5967091
- Latitude
- 28.4584481
