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Property Details

MERRITT ISLAND, Florida FL 32952-3605
$350,000 Price
2,045 SqFt
0.180 Acres
O5754703 Listing ID
This Assisted Living Facility is being sold with the business as well as the commercial building that houses it. This property has over 2000+sf with 5 bedroom 2 baths, great room and separate formal dining room. . The sale of this commercial property includes the business, the house and all of the furnishings, TV's , hospital beds etc. This facility boasts a new AC, newer appliances a gas generator and 2 enclosed patios. The entire electrical box has been updated and owner has changed to natural gas for heating and appliances. Currently the ALF is fully staffed and has reached capacity of patients (6) all of which are private pay. This ALF is currently generating $23,300.00 a month in income and is located on a quiet street in the hear of Merritt Island. This building has been updated and lovingly maintained by the owner.
Schedule Showing Virtual Tour
Status Active
County Brevard
Year Built 1963
Property Type Commercial
Property Sub Type Mixed Use

Primary Features

Area Major: 32952 - Merritt Island
Subdivision: BELAIRE SUB
Business Type: Assisted Living
Total Number of Buildings: 1
Other Structures: Storage
Construction Materials: Block
Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Central Living Area, Grip-Accessible Features, Handicap Modified
Security Features: Fire Alarm
Heating: Central
Cooling: Central Air
Utilities: Electricity Available, Phone Available

Interior Features

Building Area Total: 2577
Ceiling Type: Drywall
Flooring: Ceramic Tile
Freezer Space: yes

External Features

Auction Prop Access: no
Lot Features: In City Limits, Street Lights, Street Paved
Lot Size Square Feet: 7841
Public Survey Range: 36
Public Survey Section: 35
Road Frontage Type: City Street
Roof: Shingle
Total Acreage: Up to 10, 889 Sq. Ft.
Water Access: no
Water Extras: no
Water View: no
Waterfront: no

Green Features

Location Information

Country: US
Parcel Number: 24-36-35-75-0000C.0-0006.00
Township: 24
Zoning: RU19

Financial Details

Annual Expenses: 140000
Commercial Transaction Type: Business Opportunity, Commercial Sale
Current Price: 350000
Gross Scheduled Income: 279600
Net Operating Income: 100000
Special Listing Conditions: None
Tax Annual Amount: 2371
Tax Block: C
Tax Book Number: 16-97
Tax Legal Description: BELAIRE SUBD LOT 6 BLK C
Tax Lot: 6
Tax Year: 2017


Additional Parcels: no
Building Area Source: Public Records
Condo Environment: no
Converted Residence: yes
Disclosures: Lead Paint, Seller Property Disclosure
Electric: 220 Volts
Flood Zone Code: X
Flood Zone Panel: 12009C0430G
Leasable Area: 2045
Miscellaneous: Furnished, Outside Storage
Miscellaneous Additional: Bathrooms, Fencing
New Construction: no
Property Condition: Completed
Use Code: ALF

Zoning Info

Listing information courtesy of CENTURY 21 STONEBRIDGE REAL ESTATE GROUP.

Listing information ©My Florida Regional MLS 2019. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Friday, May 24th, 2019 at 07:07:51 PM.

Contact - Listing ID O5754703

Michael Derenthal

1223 Edgewater Drive
Orlando, FL 32804
Phone: 407-965-1919
Phone Alt: 321-662-8014

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