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1700 NE 5th St - Assisted Living Facility - 16 Beds 5,565 SF Health Care Building Offered at $3,455,350 CAD in Fort Lauderdale, FL 33301
INVESTMENT HIGHLIGHTS
- Prime east Fort Lauderdale location in Victoria Park
- Garden setting in affluent residential community
- Well maintained with new roof in 2021, new generator in 2019, & building recert in 2020
- 4 private rooms and 6 shared rooms plus staff studio apartment
- Founded in 1977 and owned & operated by same team for past 16 years
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $3,455,350 CAD | Lot Size | 0.30 AC |
| Price Per Bed | $215,959 CAD | Building Size | 5,565 SF |
| Sale Type | Investment | No. Beds | 16 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Zoning | 74 ALF | ||
| Price | $3,455,350 CAD |
| Price Per Bed | $215,959 CAD |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 5,565 SF |
| No. Beds | 16 |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | 74 ALF |
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 50-42-02-15-1670 | Improvements Assessment | $733,464 CAD |
| Land Assessment | $275,824 CAD | Total Assessment | $1,009,288 CAD |
PROPERTY TAXES
Parcel Number
50-42-02-15-1670
Land Assessment
$275,824 CAD
Improvements Assessment
$733,464 CAD
Total Assessment
$1,009,288 CAD
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1700 NE 5th St - Assisted Living Facility - 16 Beds
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