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.
| MLS # | A12098306 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 11 |
| Listing Provided By | Stoic Estates, LLC. | Jason Davis |
| SQ Feet | 27,408 |
|---|---|
| Zoning | R-3 |
| Parking Features | Accessible Parking, Free Parking |
|---|
| Tax Annual Amount | 155164 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Margate |
| Zip Code | 33068 |
| Area | 3360 |
| Subarea | North Broward Us1 To Dixie Hwy (3311 3342) |
| Listing VS Median (in 33068) | |
Price: $12,500,000 low | high Med: $229,250 sqft: 27,408 low | high Med: 1,315 $ / sqft: $456 low | high Med: $177 On site: 11 low | high Med: 140 | |
| State | FL |
|---|---|
| County | Broward |
| City | Margate |
| Zip Code | 33068 |
| Area | 3360 |
| Subarea | North Broward Us1 To Dixie Hwy (3311 3342) |
| Listing VS Median (in 33068) | |
Price: $12,500,000 low | high Med: $229,250 sqft: 27,408 low | high Med: 1,315 $ / sqft: $456 low | high Med: $177 On site: 11 low | high Med: 140 | |