Margate, FL 33068
- $12,200,000
- List Price
- $12,200,000
- Status
- ACTIVE
- Days on Market
- 351
- MLS#
- A11858544
- Subtype
- Business Opportunity
- Year Built
- 1972
- MLS Area Major
- 3633
Property 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.
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Additional Information
- Taxes
- $142,488
- Flooring
- Tile
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Parking Features
- Free Parking
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Listing courtesy of Stoic Estates, LLC.. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Jason Davis | Email: Jason@stoicestates.com