tomo logo

$800,000

Beds
6
Baths
3.0
sq ft
2,778

1782 Coconut Dr, Venice, FL 34293

1782 Coconut Dr

VENICE, FL 34293

  • 352 days on market
    • Price drop $15,000↓
Are you ready to step into a lucrative investment opportunity in the heart of Venice, Florida? Look no further! I am delighted to present to you an exceptional 8-bed Assisted Living Facility that's now available for sale. This fully operating facility boasts a prime location, incredible amenities, and a turnkey business model that's ready for you to take the reins. Property Details: 6 spacious bedrooms, 3 well-appointed bathrooms, Modernized and recently remodeled interior, Windows, Flooring, Kitchen, Appliances, Solar Panels, Generator, all recently updated. State-of-the-art sprinkler system for enhanced safety, Backup generator to ensure uninterrupted service, Fully staffed and trained team in place, Current residents in occupancy, generating steady income. Business Opportunity! This Assisted Living Facility is not just a property; it's a thriving business with an established reputation in the community. With a full staff and residents already in place, you can start earning from day one. The facility has a strong track record of providing compassionate care and is fully compliant with all local and state regulations. Investment Benefits! This venture offers numerous advantages: Steady and reliable income stream from existing residents, Increasing demand for assisted living services in the area, Fantastic opportunity for growth and expansion, Venice, Florida, is a sought-after location with a growing senior population, Turnkey operation, making it easy for you to transition into ownership. Venice, Florida, is known for its picturesque beaches, cultural amenities, and a welcoming community. The Venice area has a rising senior population, creating a strong demand for high-quality assisted living facilities. Don't miss this chance to invest in an established, income-generating Assisted Living Facility in Venice, Florida. Opportunities like this are rare and highly sought after. Act now to secure your future in the booming senior care industry and enjoy the laid-back Florida lifestyle in Venice. This is an investment you won't want to let slip away! **** Please do not approach facility, Do not disturb the staff and residents, by appointment only****

Details

Property type

Single Family Residence

Lot size

8,800 sq ft

Price per sq ft

$288

Year built

1972

Annual property taxes

$4,980

Price History

08/15/2024
StellarMLS

StellarMLS #U8224946

Price change
$800,000
-1.84%
03/27/2024
StellarMLS

StellarMLS #U8224946

Price change
$815,000
-2.63%
01/05/2024
StellarMLS

StellarMLS #U8224946

Listed
$837,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Celtic Bank Corporation

Loan start date

March 2023

Original loan amount

$722,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Commercial, 25 year

Seller

J Margarette Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

StellarMLS
$830,000
3 bd
|
3 ba
|
1,935 sq ft
|
House

413 Rio Terra, Venice, FL 34285

StellarMLS
$850,000
3 bd
|
3 ba
|
2,280 sq ft
|
House

857 Blue Crane Dr, Venice, FL 34285

New
StellarMLS
$850,000
3 bd
|
3 ba
|
2,677 sq ft
|
House

709 Petrel Way, Venice, FL 34285

Status: Active

Tomo last checked: 12/22/2024 at 6:45 AM

Listing updated: 09/11/2024 at 3:35 PM

Listed by: Heather Lee Haston PLLC, LOKATION Phone #: (954) 545-5583

MLS: StellarMLS #U8224946

StellarMLS logo

Recently listed in VENICE

$874,900|4 bd|3.5 ba|House
$459,000|2 bd|2.0 ba|House
$949,900|4 bd|2.5 ba|House
$384,000|2 bd|2.0 ba|Manufactured
$600,000|3 bd|3.0 ba|House
$599,000|4 bd|3.0 ba|House
$903,807|4 bd|3.5 ba|House
$435,000|3 bd|2.0 ba|House
$629,000|3 bd|3.0 ba|House