, for Sale

for Sale

Price $12,500,000.00

• Lot size 0
• Year Build 1972
• Waterfront
• Zip 33068
• Style
• Parking Description Additional Spaces Available, Free Parking
• Pool Yes
• Status Active

Description

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.

KIMBERLY FOREST 68-31 B TRACT F

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.

City:Margate,Zoning:R-3,Heating:1:Central Building A/C,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:26.2222132,Cooling Y N:1,Heating Y N:1,List Price:12500000,Listing Id:A11858544,Longitude:-80.2190809,Mls Status:Active,Year Built:1972,Inclusions:Equipment,Furniture/Fixtures,Inventory,License, Business And Building,Business; Building And Land,Postal Code:33068,Coordinates:1:26.2222132,Photos Count:27,Business Type:1:Medical,Days On Market:2,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:3360,On Market Date:2025-08-12,Parcel Number:494101091770,Property Type:Business Opportunity,Public Remarks: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.,Structure Type:1:Free Standing,County Or Parish:Broward County,List Office Name:Stoic Estates, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Free Parking,Postal Code Plus4:2404,Special Licenses:1:Professional,2:State License,State Or Province:FL,Tax Annual Amount:142488,Year Established:2014,Listing Agreement:Exclusive Agency,Security Features:1:Fire Sprinkler System,2:Security Fence,3:Security Gate,Building Area Units:Square Feet,Original List Price:12500000,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks: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.,Financial Data Source:1:Projected Pro-Forma,Listing Contract Date:2025-08-12,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Call Listing Agent,See Broker Remarks,Tax Legal Description:KIMBERLY FOREST 68-31 B TRACT F,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Typeof Business:Assited Living,M I A M I R E_ Internet Remarks:Exceptional 111-bed Assisted Living Facility in Prime Margate Location. Please call the broker for appointments. Proof Of Funds or Lender Approved.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-08-12,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Number Of Full Time Employees:48,Internet Entire Listing Display Y N:1,