Incredible opportunity awaits a business minded buyer looking for a great return on investment! Current Cap Rate is 5.8. Potential for an 8.7% cap rate! This waterfront 5 bedroom 3 bathroom homes is ideally located. Peacefulness and tranquility abound as this property is nestled on a canal and access to the west of the home is prohibited. Has a cul de sac kind of feel. Just under 2,000 sq ft of living space with a split floor plan makes it a property suitable for its current use as an assisted living facility. Property has updated stainless steel appliances, hurricane shutters and piece of mind with a 4 year old roof. Fantastic for investors looking for a turn key investment. Current tenant would love to stay. Call for further details.
Listed by United Realty Group Inc
The MLS data provided for the property above (MLS#A11247421) is provided courtesy of Zilbert.com. Source: Southeast FloridaMLS. Data updated 4/17/2026. Mark Zilbert is a member of the Zilbert Network and is licensed with Zilbert as a cooperating broker or cooperating agent and may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Miami Association of Realtors. All rights reserved. The information being provided is for consumer personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.