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301 Milford Pl 11,941 SF Health Care Building Offered at $3,043,458 CAD at a 14% Cap Rate in New Smyrna Beach, FL 32168

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INVESTMENT HIGHLIGHTS

  • New Roof, AC and Appliances
  • Safety and Reliability
  • Warm, Comfortable Environment
  • Community Connection

EXECUTIVE SUMMARY

Crown Assisted Living – a fully updated and improved senior care community located in the highly desirable New Smyrna Beach, a city known for attracting retirees and seniors seeking a vibrant, coastal lifestyle. Every part of the building has been renovated, including a new roof installed in March 2025, modern appliances, and a new AC system, along with upgraded living spaces, safety, and accessibility features, making it a comfortable and secure home for residents. With strong demand for quality assisted living in this prime location, Crown offers a caring, welcoming community where seniors can thrive.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,043,458 CAD
Price Per Bed $169,081 CAD
Sale Type Investment or Owner User
Cap Rate 14%
Sale Condition Business Value Included
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Centre
Building Class C
Lot Size 2.50 AC
Building Size 11,941 SF
No. Beds 18
No. Stories 1
Year Built/Renovated 2002/2025
Tenancy Single
Parking Ratio 2.01/1,000 SF
Zoning 10R4

AMENITIES

  • Wheelchair Accessible
  • Fiber Optic Internet
  • Smoke Detector
  • Backup Power / Generators

ABOUT 301 MILFORD PL , NEW SMYRNA BEACH, FL 32168

Crown Assisted Living is a fully updated and beautifully improved senior care community located in the highly desirable New Smyrna Beach, a coastal city well known for attracting retirees seeking comfort, community, and an active lifestyle. Every part of the building has been thoughtfully renovated — including a new roof (March 2025), modern appliances, and a new AC system — ensuring a safe, efficient, and comfortable environment for all residents. The property features double-pane energy-efficient windows, a water filtration system, and a backup generator, making the building capable of operating autonomously when necessary. These upgrades, along with modern safety and accessibility features, provide peace of mind for both residents and families. Perfectly situated next to a public park and across the street from the Senior New Smyrna Beach Pickleball Club, Crown residents enjoy peaceful surroundings and opportunities for recreation and social connection just steps away. Convenient access to local shops and services is available within minutes through Votran public transportation, making daily living both simple and enjoyable. Crown is well known and respected in the local community, with many caring volunteers who regularly visit, share their time, and bring warmth and companionship to our residents. Built to updated standards, surrounded by forest, the building has never experienced flooding or hurricane damage, standing strong and reliable through every season. With its prime location, modern upgrades, and strong community presence, Crown Assisted Living offers not just a comfortable and secure home for seniors—but a trusted and enduring place to belong.

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
Private Room 8
Shared Unit 10

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7418-08-15-0010
Land Assessment
$291,749 CAD (2025)
Improvements Assessment
$998,281 CAD (2025)
Total Assessment
$1,290,030 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38365018

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 301 Milford Pl, New Smyrna Beach, FL 32168

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