513 Menendez St - Assisted Livings FOR SALE
Venice, FL 34285 |
513 Menendez St
Venice, FL 34285
HIGHLIGHTS
- Currently Operating as ALF w/ 4 residents (licensed for 9) Existing Operation can be Terminated & Property Delivered Vacant
- Excellent Opportunity to Transition into a Seasonal Vacation Rental by Strategically Utilizing Existing Immense Living Area
- Class A+ Location “On the Island” in Venice; Within Walking Distance of Venice Main Street Near the John Nolen Park
- Massive Combined Living Area of 4,280 square feet with a Patio between Buildings | Qualifies for Attractive Residential Financing
- Consists of 8 Total Bedrooms and 5.5 Total Bathrooms in 2 Buildings | Rare Newer Construction Masonry Buildings on Venice Island
- Highly Reliable & Demanded Concrete Tile Roofs, Consistent with Venice Northern Italian Renaissance Style Architecture
OVERVIEW
The Multifamily Firm is proud to present Menendez Manor, located “On the Island” in Venice Florida. The property is situated across from the John Nolen Park, less than a mile from Venice Beach, and within a short walk of Venice Main Street. Currently operating as limited service assisted living facility with 4 residents (licensed for 9); if desired, existing operation can be terminated / delivered vacant, so an investor can operate as a traditional annual rental, season rental or even an owner occupied residence with optional supplemental income.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
STATUS
Converted
BUILDING DETAILS
PROPERTY NAME
Menendez Manor
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Assisted Livings
TOTAL BUILDING SIZE
4280
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.22 AC AC
LAND SF
9,583 SF
ZONING
-
APN/PARCEL ID
0176-09-0031
