2273 Merlin DR Active Save Request In-Person Tour Request Virtual Tour
Melbourne,FL 32904
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,337 sqft
Price per Sqft $320
Subdivision Falcon Ridge
MLS Listing ID 1047512
Year Built 2007
Annual Tax Amount $5,272
Tax Year 2023
Lot Size 9,583 Sqft
Property Sub-Type Multi Family
Property Description
Diamond ALF is a fully licensed, turnkey assisted living facility offering a rare opportunity for immediate operation and strong income potential. Recently renovated with several hundred thousand dollars in upgrades, this 4-bedroom property is approved for six residents and includes a full fire alarm and suppression system, a backup generator, and all infrastructure required for regulatory compliance. Though currently unoccupied, the facility is fully approved, licensed, and ready to open its doors. Each of the six beds is capable of generating approximately $5,000 - $5,500 per month, offering the potential for $30,000+/month in gross income. The layout is efficient and resident-friendly, creating a safe and comfortable environment while allowing for smooth day-to-day operations. Whether you're an experienced operator or new to the senior care industry, Diamond ALF delivers a fully finished, move-in ready business in a growing market with increasing demand for assisted living services
Location
State FL
County Brevard
Area 331 - West Melbourne
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Laminate,Tile
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Storm Shutters
Parking Features Attached,Garage,Garage Door Opener
Garage Spaces 2.0
Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected
View Canal,Trees/Woods
Roof Type Shingle
Building
Lot Description Cleared
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Meadowlane
High Schools Melbourne
Others
Acceptable Financing Cash,Conventional,Private Financing Available
Listing Terms Cash,Conventional,Private Financing Available
Special Listing Condition Corporate Owned,Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1047512