Outstanding investment or owner-user opportunity in the heart of Margate. This free-standing commercial property is purpose-built and fully licensed for 111 beds assisted living, offering a rare combination of scale, functionality, and location. Set on a 1.3855-acre lot and boasting 23,382 sq. ft. of living space, this well-maintained facility is thoughtfully designed to provide comfort, safety, and operational efficiency, spacious common areas, shared, private, and semi-private rooms, and commercial-grade kitchen facilities. The property’s size and layout allow for a substantial resident capacity while maintaining an intimate, home-like atmosphere. Located near medical centers and community amenities, it offers both convenience and accessibility for families and healthcare providers.
| Listing ID: | A12098306 |
|---|---|
| Property Type: | Business Opportunity |
| Status: | Active |
| Bathrooms Full: | 0 |
| Tax Annual Amount: | $155,164 |
| Waterfront?: | No |
| County Or Parish: | Broward County |
| Postal Code: | 33068 |
| Flooring: | Tile |
| Listing Contract Date: | 2026-10-01 |
| Status: | Active |
| Parking Features: | Additional Spaces Available, Free Parking |
| Postal Code Plus4: | 2404 |
| State Or Province: | FL |
| Water Source: | Public |
| Building Area Units: | Square Feet |
| Construction Materials: | CBS Construction |
| Heating?: | Yes |
| Inclusions: | Equipment, Furniture/Fixtures, Inventory, License, Business And Building, Business; Building And Land |
| Living Area Units: | Square Feet |
| Number Of Full Time Employees: | 48 |
| Parcel Number: | 494101091770 |
| Public Survey Range: | 49 |
| Public Survey Township: | 49 |
| Road Frontage Type: | City Street |
| Roof: | Tar & Gravel Roof |
| Security Features: | Smoke Detector(s), Fire Sprinkler System, Security Fence, Security Gate |
| Special Licenses: | City License, Professional, State License |
| Zoning: | R-3 |
| Ok To Advertise ListMiamire Ok To Advertise List: | With Written Broker Approval |
| Type Of Business: | Assisted Living |
| List Price: | $12,500,000 |
|---|---|
| Bathrooms Half: | 0 |
| City: | Margate |
| Year Built: | 1972 |
| Cooling: | Central Building A/C |
| Heating: | Central Electric, Central Building A/C |
| Insurance Expense: | $256,000 |
| Accessibility Features: | Accessible Parking |
| Business Type: | Business, Professional Service |
| Cooling?: | Yes |
| Financial Data Source: | Owner Provided, Projected Pro-Forma |
| Listing Terms: | All Cash, Conventional/Refinance, Owner Will Carry |
| Lot Size Units: | Square Feet |
| Original List Price: | $12,500,000 |
| Public Survey Section: | 1 |
| Structure Type: | Commercial, Free Standing |
| Tax Year: | 2025 |
| Year Established: | 2020 |
| AreaMiamire Area: | 3360 |
Listing Courtesy of: Stoic Estates, LLC.
786-528-8786
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MIAMI REALTORS® MLS data last updated on October 08, 2026 09:53 PM - PT
Property Last Updated: October 08, 2026 09:53 PM - PT
