St, Spring Hill, FL 34608 | For Sale

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For Sale $1,799,000 ($540.73 per Sq Ft)

$1,799,000 ($540.73 per Sq Ft)
  • (0)
  • Units
  • 3,327 Sq Ft
  • 20,000 Sq Ft
  • Unknown Cap Rate

Description

This confidential offering presents a high-upside investment opportunity: a newly constructed (2021) Assisted Living and Memory Care Facility located in a rapidly growing Central Florida submarket. Situated on two parcels totaling approximately 20,000 square feet, the property offers excellent accessibility near major roadways and established medical providers—key drivers for sustained demand and referral flow. The facility is currently operating at approximately 60% occupancy, well below the market’s stabilized average, creating a clear and immediate value-add opportunity through lease-up. The existing care model supports both private-pay and Medicaid residents, allowing for diversified revenue streams and consistent occupancy demand. The property is currently licensed for 10 residents, with the ability to increase capacity to 14 residents within the existing footprint. In addition, a zoning determination letter confirms the potential to expand up to 16 residents, presenting a scalable growth strategy for increased revenue and NOI. With modern construction, below-market occupancy, and confirmed expansion potential, this asset is ideally positioned for an operator or investor seeking to drive NOI through operational improvements, census growth, and future development. Seller financing is available, offering additional flexibility for qualified buyers. Detailed financials, licensing documentation, and expansion information will be made available upon execution of a confidentiality disclosure.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,799,000
Property Type Flex Space
Usable Sqft 3,327
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 2021
Last Sold Unknown
Sold Price Unknown
Association Name: N/A
APN # R3232317520013630130
MLS # TB8505564
Property ID 320646112
Lot Sqft 20,000
Zoning Unknown
Days on Market 12
Original List Price $1,799,000
Date Updated May 07, 2026
Date Created May 04, 2026

Financials not available online. Please inquire with your agent for more details.

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Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Listing Provided By

Mitchell Eckley an agent of COLDWELL BANKER REALTY.


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of May 07, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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