1700 NE 5th St - Assisted Livings FOR SALE


Fort Lauderdale, FL 33301- Victoria Park
$2,495,000 USD
954-563-6800
1700 NE 5th St, Fort Lauderdale, FL for Sale
$2,495,000 USD
Assisted Livings - FOR SALE
1/8
null | Request Cap Rate

1700 NE 5th St
Fort Lauderdale, FL 33301
Victoria Park


HIGHLIGHTS

  • Prime east Fort Lauderdale location in Victoria Park
  • 4 private rooms and 6 shared rooms plus staff studio apartment
  • Garden setting in affluent residential community
  • Founded in 1977 and owned & operated by same team for past 16 years
  • Well maintained with new roof in 2021, new generator in 2019, & building recert in 2020

OVERVIEW

This corner property is located in the heart of Victoria Park, one of Ft Lauderdale's most sought after residential neighborhoods. Rarely is Adult Living Facility use permitted in this zoning district making this one a gem amongst prime housing. Founded in 1977, this is a well-established operation. There are 16 beds within 4 private rooms and 6 shared rooms plus a studio unit for staff. Additional areas include spacious lounge, private dining, living room with library, hair salon, nurse’s station, office, commercial kitchen, 8 bathrooms, expansive outdoor terrace & more. East of Federal Highway with corner exposure, the property offers 2 lots forming a beautiful garden setting to welcome residents. Appointments required for all property visits – please respect privacy.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$404 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Assisted Living Facility - 16 Beds

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,107 SF

ZONING

74 ALF

APN/PARCEL ID

50-42-02-15-1670

ASK ABOUT THIS PROPERTY

Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

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Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.