321 Confidential, Viera, FL 32940

$1,600,000

Property Type: Commercial Sale Status: Closed

Current Price: $1,600,000 List Date: 6/25/2023 Last Modified: 6/16/2025

Overview

Description

Assisted Living & Memory Care Facility Licensed for between 12-16 Beds being offered on the Space Coast. With an occupancy rate of nearly 90% historically. This turnkey business has Immaculately Maintained Buildings & Grounds, Secured Egress Access, Outdoor Music & Covered Courtyard. Property Features also include a Fire Sprinkler System, Security Cameras, Door & Window Alarms, Nurse call system, Motion sensors, Motion Lighting, Generator capable of running the Entire Facility. Property location offers an exceptionally high traffic count & visibility. Proven history of compliance with local & state governing bodies. Sale includes Business & Building: +14% Cap Rate year over year. OUTPARCELS AVAILABLE FOR EXPANSION. High quality staff & Managers in place allowing semi absentee ownership.

Listing Details MLS# 968427

General Property Information

Stories Total: Yes
Building Area Source: Other
Property Use: C-ASSISTED-CARE LIVING FACILITY (7500)
Use Code: 03 / MULTI-FAMILY 10 OR MORE
Association YN: No
Water Body Access YN: No
Waterfront YN: No

Property Features

Building Features: Fenced; Laundry; Rear Access; Storage Business Type: Health Services Ceiling Type: Drywall Construction Materials: Frame; Stucco Cooling: Central Air Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service; Generator Flooring: Tile; Vinyl Heating: Central; Electric Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Wood Truss/Raft Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment Security Features: Entry Phone/Intercom; Fire Alarm; Fire Sprinkler System; Firewall(s); Security Gate; Security Lights; Security System Owned Sewer: Public Sewer Showing Requirements: Appointment Only Special Listing Conditions: Owner Licensed RE Utilities: Natural Gas Available Water Source: Public

Contract Information

Original List Price: 1800000
Listing Contract Date: 2023-06-25
Property Sub Type: Business

Location Tax and Legal

Street Number: 321
Street Name: Confidential
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 217 - Viera West of I 95

Remarks and Miscellaneous

Public Remarks: Assisted Living & Memory Care Facility Licensed for between 12-16 Beds being offered on the Space Coast. With an occupancy rate of nearly 90% historically. This turnkey business has Immaculately Maintained Buildings & Grounds, Secured Egress Access, Outdoor Music & Covered Courtyard. Property Features also include a Fire Sprinkler System, Security Cameras, Door & Window Alarms, Nurse call system, Motion sensors, Motion Lighting, Generator capable of running the Entire Facility. Property location offers an exceptionally high traffic count & visibility. Proven history of compliance with local & state governing bodies. Sale includes Business & Building: +14% Cap Rate year over year. OUTPARCELS AVAILABLE FOR EXPANSION. High quality staff & Managers in place allowing semi absentee ownership.

Status Change Information

Major Change Timestamp: 2025-06-16T16:21:00Z
Major Change Type: Status Change
Status Change Timestamp: 2025-06-16
Purchase Contract Date: 2024-12-27
Close Date: 2025-03-11
Close Price: 1600000

More Information

Historical Information

Public Historical Remarks 2: Land Use-Assisted Living Development: Y, Site Description-Fenced: Y
Public Historical Remarks 3: Security Feature-Motion Detector: Y, Frontage Description: State Road,City Road, Legal/Misc-Home Warranty: No

Non Member Info

Non-Member Brokerage: Out of Area
Non-Member Name: Out of Area

Listing Office: Pineapple Farms LLC

Last Updated: June - 16 - 2025

Information is deemed to be reliable, but is not guaranteed.