Property
| Ownership: | For Sale |
|---|---|
| Type: | Commercial |
Financials
Price:$12,200,000
Annual Taxes:$142,488
Listing Courtesy of Stoic Estates, LLC.
Outstanding investment or owner user opportunity in the heart of Margate.
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11858544
Amenities
- Fenced
- FireSprinklerSystem
- SecurityGate
- SmokeDetectors

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.