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$12,200,000 -$50,000 (-0.41%) Price Reduced

  • For Sale
  • Active
  • Business
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Outstanding investment or owner-user opportunity in the heart of Margate. This free-standing commercial property is purpose-built and fully licensed for 111 beds assisted living, offering a rare combination of scale, functionality, and location. Set on a 1.3855-acre lot and boasting 23,382 sq. ft. of living space, this well-maintained facility is thoughtfully designed to provide comfort, safety, and operational efficiency, spacious common areas, shared, private, and semi-private rooms, and commercial-grade kitchen facilities. The property's size and layout allow for a substantial resident capacity while maintaining an intimate, home-like atmosphere. Located near medical centers and community amenities, it offers both convenience and accessibility for families and healthcare providers.

Full Property Details for MLS# A11858544

General

  • Price: $12,200,000
  • Taxes: $142,488 (2024)
  • Status: Active
  • Type: Business
  • Source: Greater_Miami
  • MLS ID: A11858544
  • Updated: 3/19/2026
  • Added to Site: 220 day(s) ago

Business

  • Business Type: Business, Medical
  • Year Established: 2014

Interior

  • Flooring: Tile

Additional Information

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

Parking

  • Parking Features: Additional Spaces Available, Free Parking

Location

  • County: Broward County

Heating & Cooling

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

Utilities

  • Water: Public

Structural Information

  • Structure Type: Commercial, Free Standing
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Year Built: 1972

Lot Features

  • Zoning: R-3

Financial Considerations

  • Tax Amount: $142,488
  • Tax Year: 2024
  • Terms: All Cash, Conventional/Refinance

Disclosures and Reports

  • Legal Description: KIMBERLY FOREST 68-31 B TRACT F
  • Inclusions: Equipment, Furniture/Fixtures, Inventory, License, Business And Building, Business; Building And Land
  • Property ID: 494101091770

Listed by Stoic Estates, LLC.

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— MLS# A11858544 —

  • Stoic Estates, LLC.

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Price & Sales History for MLS# A11858544 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$12,200,000
-0.41%
MLS
9/26/2025
Price Reduced
$12,250,000
-0.4%
MLS
9/16/2025
Price Reduced
$12,299,000
-0.81%
MLS
9/09/2025
Price Reduced
$12,399,000
-0.81%
MLS
8/12/2025
Listed
$12,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Stoic Estates, LLC.

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MLS# A11858544, Margate, FL 33068 (MLS# A11858544) is a Business property. MLS# A11858544 is currently listed for $12,200,000 and was received on August 12, 2025. Want to learn more about MLS# A11858544? Do you have questions about finding other Business real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.

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