2273 Merlin Drive, Melbourne, FL 32904

Local realty services provided by:Better Homes and Gardens Real Estate Star
2273 Merlin Drive,Melbourne, FL 32904
$750,000
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  • - Beds
  • - Baths
  • 2,337 sq. ft.
  • Multi-family
  • Active
Listed by: cody spaur
Office: landshark realty
MLS#:1047512
Source:FL_SPACE

Price summary

  • Price:$750,000
  • Price per sq. ft.:$320.92

About this home

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

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Home facts

  • Year built:2007
  • Listing ID #:1047512
  • Added:202 day(s) ago

Rooms and interior

  • Living area:2,337 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:2007
  • Building area:2,337 sq. ft.
  • Lot area:0.22 Acres

Schools

  • High school:Melbourne
  • Middle school:Central
  • Elementary school:Meadowlane

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$320.92
  • Tax amount:$5,272 (2023)
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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