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1301 N 47th Ave, Hollywood, FL 33021
$900,000
1301 N 47th Ave, Hollywood, FL 33021View this property at 1301 N 47th Ave, Hollywood, FL 33021
1301 N 47th AveHollywoodFL33021
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Property Description
We are delighted to present an exceptional acquisition opportunity for investors seeking a premium foothold in the assisted living industry. This exclusive 6-bed assisted living facility, nestled in the prestigious Hollywood Hills neighborhood of Hollywood, Florida, offers a rare chance to own and operate a boutique senior care residence in a highly sought-after location. Consistent cash flow (the City of Hollywood is no longer allowing new licenses only pre-existing or transferred licenses). The facility has earned a strong reputation for delivering exceptional care and services to its residents. Its commitment to excellence has garnered the trust and loyalty of both residents and their families, contributing to a steady stream of referrals and consistent occupancy rates.
Full Property Details
Full Property Details for 1301 N 47th Ave
General
- Sold For: $900,000
- Taxes: $17,533 (2022)
- Status: Closed
- Type: Business
- MLS ID: A11422385
- Added to Site: 283 day(s) ago
Business
- Business Type: Business, Medical, Other
- Year Established: 2012
Location
- County: Broward County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric, Central Gas
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Year Built: 1967
Lot Features
- Potential Use: Investment
- Zoning: RS-5
Financial Considerations
- Insurance Fee: $6,000
- Tax Amount: $17,533
- Tax Year: 2022
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: HOLLYWOOD HILLS 1965 61-25 B LOT 1 BLK 17
- Inclusions: Equipment, Furniture/Fixtures, Inventory, License, Business And Building
- Property ID: 514207132250
Listed and Sold by NB Elite Realty
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Schools
Schools serving 1301 N 47th Ave
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
5001 Thomas St, Hollywood, FL 33021 | PK-5 | 0.7 mi | |
3500 N 22nd Ave, Hollywood, FL 33020 | 6-8 | 2.8 mi | |
1901 N Federal Hwy, Hollywood, FL 33020 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1301 N 47th Ave
Date
Details
Price
Change
Source
12/29/2023
Sold
$900,000
-5.26%
MLS
8/09/2023
Price Increased
$950,000
11.76%
MLS
7/20/2023
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1301 N 47th Ave, Hollywood, FL 33021 (MLS# A11422385) is a Business property that was sold at $900,000 on December 29, 2023. Want to learn more about 1301 N 47th Ave? Do you have questions about finding other Business real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.