410-365-1066
1189 W River Dr
Margate, FL 33063
Margate Gardens
HIGHLIGHTS
- Lakeside two-story, 38,719-SF assisted living facility currently operating at 97% occupancy and 57 units/ 64 beds, recently rezoned for 101 beds.
- Amazing upside potential opportunity for the investor/operator to expand current license and drastically increase the revenue and bottom line income.
- Accessibly located within a 10-minute commute or less of major thoroughfares I-95, Florida’s Turnpike, US-441, Florida 814, and popular conveniences.
- Surrounded by a dense population of over 400,000 residents with a median age of 40+ years, who bring in an average household of more than $81,000.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Oasis at Margate Assisted Living Residence
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Assisted Livings
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
43
LAND DETAILS
LAND ACRES
1.93 AC
LAND SF
83,998 SF
ZONING
R-3
APN/PARCEL ID
48-41-25-04-0190
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410-365-1066
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410-365-1066
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