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1189 W River Dr
Margate, FL 33063
Assisted Living Facility in Margate · Health Care Property For Sale · 64 Beds

INVESTMENT HIGHLIGHTS

  • 64 Bed (Zoned for 114) Licensed Assisted Living Facility
  • 10.29% Projected CAP Rate
  • 97% Occupancy
  • Excellent Investment Opportunity

PROPERTY FACTS

Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 1.93 AC
Building Size 38,719 SF
No. Beds 64
No. Stories 2
Year Built 1962
Parking Ratio 1.11/1,000 SF
Zoning R-3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-41-25-04-0190
Land Assessment
$334,220
Improvements Assessment
$2,684,140
Total Assessment
$3,018,360
  • Listing ID: 34646094

  • Date on Market: 1/29/2025

  • Last Updated:

  • Address: 1189 W River Dr, Margate, FL 33063

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