Sunshine Gardens

Special Purpose for Sale
Catylist Listing ID: 30796686
Property Subtypes: Senior Housing
Building Size (RSF): 11,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.81 Acres
Sale Price: $2,500,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2022

Overview / Comments

Located just off the signalized intersection SR 44 and US 19 and at the SE corner of NE 4th Ave and NE 5th St Office - Crystal River, FL Located at the SE corner of NE 4th Ave and NE 5th St in historic downtown Crystal River, FL this turnkey ALF/Memory Care Facility features 28 beds for residents, a commercial kitchen, secure keypad entry with security cameras, recreational/common area for residents, private offices and reception for staff, employee lounge, conference room/family meeting room, 19 parking stalls and much more.​ This 11,880 SF Masonry Block Building built in 2012 sits on .81 ac of CH commercial land with 290' of frontage on NE 4th Ave .​ Subject property is well set up for an easy conversion to professional/medical offices and or Motel/Airbnb.​ Located just off the signalized intersection of US 19 (25,500 AADT) and SR 44 (29,000 AADT) and within walking distance from the Crystal River Town Square and Riverwalk, City Cross Town Trail, boutique restaurants and shops catering to tourism.​ Area amenities for tourist include Three Sister Springs, Hunter Springs Park, Kings Bay and located just a few moments form public boat ramps.​ Just North of the subject you will find the Crystal River Mall and Hospital and to the South the 6 lane expansion of US 19 (Spanning from the Hernando County Line to Fort Island Trail in Crystal River) and the Suncoast Parkway (589 Toll Road) allowing you to commute to the Tampa International Airport in just 1 hour and 9 Mins.​ Neighboring national brands include Walgreens, CVS, McDonald's, Taco Bell, Dunkin', and Wawa, Winn-Dixie.​

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Tax ID/APN: 17E18S210140 0330
Zoning: CH
Property Located Between: NE 5th St, NE3rd St
Largest Nearby Street: N Suncoast Blvd
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2007
Year Renovated: 2020
Parking Type: Surface
Parking Description: 19 Stalls
Heat Type: Electricity
Zoning Description: Commercial Highway
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,717 8,545 20,026
Median Age: 61.71 50.56 53.84
Households: 744 3,766 8,927

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