307 Howell Ave - Tangerine Cove 47,384 SF Health Care Building Offered For Sale in Brooksville, FL 34601

Offered for sale in the heart of Brooksville, Florida, 307 W Howell Ave is a fully licensed 47,384-square-foot assisted living facility with 135 beds across 90 rooms. Built in 1925 and situated on a 2-acre parcel, the property has undergone a transformative renovation exceeding $3 million during calendar years 2024–2025. Enhancements include a redesigned lobby foyer with accent walls, upgraded lighting and flooring throughout, new exterior windows, and fresh interior and exterior paint. Each resident unit now features new bathrooms, flooring, and individual AC units, while the dining hall and kitchen have been modernized to elevate the resident experience.
The facility spans four floors, with 24 rooms on the first, 28 on the second, and 38 on the third. Six additional units on the fourth floor—currently used as offices—could be converted to expand capacity to 96 rooms. Zoned C-1, the property supports a wide range of permitted uses including medical clinics, rehabilitation centers, professional offices, and boutique hospitality concepts.
Located near Downtown Brooksville, Hernando County Public Library, and Hernando Park, the site benefits from strong community connectivity and walkability. With ±52 on-site parking spaces and a current occupancy of 60% (subject to weekly changes), the asset is well-positioned for continued operation or adaptive reuse. The Greater Tampa region’s rising behavioral health needs and limited supply of community-based treatment centers make this a compelling opportunity for mission-driven investors and healthcare operators.