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$3,792,805

  • Sold
  • Closed
  • Business
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Hollywood Beach Retirement Home - Assisted Living Facility for Sale in Hollywood, Florida Asking Price: $3,995,000 million | Cap Rate: 12% Key Features: Generac generator for uninterrupted power supply Impact windows for enhanced safety Newly installed roof With an impressive and attractive 10.56% cap rate, this facility promises solid and consistent returns. It houses more middle-aged long-term residents. Hollywood, known for its beautiful coastal environment, is a highly desirable location for retirees, making this investment an excellent opportunity in the assisted living market.

Full Property Details for 1722 Madison St

General

  • Sold For: $3,792,805
  • Taxes: $21,723 (2024)
  • Status: Closed
  • Type: Business
  • Source: Greater_Miami
  • MLS ID: A11658449
  • Added to Site: 491 day(s) ago

Business

  • Business Type: Business, Medical
  • Year Established: 2013

Interior

  • Flooring: Tile

Additional Information

  • Security/Safety: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Fence, Security System

Parking

  • Total Spaces: 4
  • Parking Features: Additional Spaces Available, Other, On Street

Location

  • County: Broward County
  • Building Name: Hollywood Beach Retirement

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Building A/C
  • Heating Type: Central Building A/C

Utilities

  • Electric Available: Yes
  • Sewer: Public Sanitation
  • Water: Public

Structural Information

  • Structure Type: Free Standing
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Windows: Clear Impact Glass, Complete Impact Glass
  • Year Built: 1952

Lot Features

  • Potential Use: Unknown/Withheld
  • Zoning: FH-1
  • Fencing (Description): Fenced

Green Features

  • Energy Efficient: Water Heater, Windows

Financial Considerations

  • Insurance Fee: $1,300
  • Tax Amount: $21,723
  • Tax Year: 2024
  • Terms: All Cash, Conventional/Refinance

Disclosures and Reports

  • Documents Avail.: Financial Statement, Training Program
  • Legal Description: HOLLYWOOD 1-21 B LOT 21, 22 BLK 62
  • Inclusions: Equipment, Furniture/Fixtures, License, Trade Name, Business And Building, Business; Building And Land
  • Property ID: 514215021750

Listed by Stoic Estates, LLC.
Sold by Capital Trust Realty Group

Listing agent

— 1722 Madison St —

  • Stoic Estates, LLC.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1722 Madison St

School District:Broward County School District
NameGradesDistance
Hollywood Central Elementary School
1700 Monroe Street, Hollywood, FL 33020
K-50.1 mi
Olsen Middle School
330 Southeast 11th Terrace, Dania Beach, FL 33004
6-82.1 mi
South Broward High School
1901 North Federal Highway, Hollywood, FL 33020
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1722 Madison St

Date
Details
Price
Change
Source
10/29/2025
Sold
$3,792,805
-2.5%
MLS
5/27/2025
Price Reduced
$3,890,000
-2.51%
MLS
4/17/2025
Price Reduced
$3,990,000
-0.13%
MLS
2/24/2025
Price Reduced
$3,995,000
-6%
MLS
9/20/2024
Price Reduced
$4,250,000
-5.56%
MLS
9/12/2024
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Stoic Estates, LLC.
Sold by Capital Trust Realty Group

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1722 Madison St, Hollywood, FL 33020 (MLS# A11658449) is a Business property that was sold at $3,792,805 on October 29, 2025. Want to learn more about 1722 Madison St? 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.