$357,000

1682 Lara Street NE

Palm Bay FL, 32907

Description

Property Details:This is an operational Assisted Living Facility.Property and Business for sale together.1682 Lara St. NE Palm Bay FL 32907Great Location, close to Malabar and Babcock St.2,020 Sqft Residential Home.Fully FurnishedWhole house generator installedGarage converted into onsite business office.Business details: Paradise Hill Home Assisted Living Facility2019 Gross revenue $166,390Potential fully leased: $222,000 gross revenue1 Master suite, leases for $4,500/month4 Private rooms each lease for $3,500/monthElectronic Medical Records in placeCurrently has 3 tenants in place who will stayStaff would consider staying with new ownership (to be negotiated outside of purchase agreement) Been in business since 2012

Details

MLS#865224
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending - Show
Year2003
Days On Site318

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet2,020
Garage1
Story(s)1 Story
Acreage0.23

Market Activity 32907

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Area Information
StateFL
CountyBrevard
CityPalm Bay
Zip Code32907
Area340 - NE Palm Bay
Community NamePORT MALABAR UNIT 28
Elementary SchoolPort Malabar
Middle SchoolStone
High SchoolPalm Bay
Listing VS Median (in PORT MALABAR UNIT 28)
Price:
$357,000
low | high
Med:
$199,950
93.991596638655% of Average
SqFt:
2,020
low | high
Med:
1,501
75.717821782178% of Average
$ / SqFt:
$177
low | high
Med:
$133
74.600481222913% of Average
On Site:
318
low | high
Med:
24.500000
100% of Average
Listing Updated: November 26, 2020 8:08:47 PM PST
Robert Solito LogoMLS Number: 865224
Listing Provided By:
Robert Solito  of  Engel Voelkers Melb Downtown

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