Melbourne, FL 32904,2273 Merlin DR
Melbourne, FL 32904,2273 Merlin DR
Melbourne, FL 32904,2273 Merlin DR
Melbourne, FL 32904,2273 Merlin DR
Melbourne, FL 32904,2273 Merlin DR
Melbourne, FL 32904,2273 Merlin DR
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$ 750,000
Est. payment | /mo

2,337 SqFt


$ 750,000
Est. payment | /mo

2,337 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,337 sqft

Price per Sqft $320

Subdivision Falcon Ridge

MLS Listing ID 1047512

HOA Y/N No

Total Fin. Sqft 2337

Year Built 2007

Annual Tax Amount $5,272

Tax Year 2023

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Multi Family

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

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

Location

State FL

County Brevard

Area 331 - West Melbourne

Direction Griffith to Merlin.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate, Tile

Appliance Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Storm Shutters

Parking Features Attached, Garage, Garage Door Opener

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

View Canal, Trees/Woods

Roof Type Shingle

Present Use Commercial,Investment,Residential

Street Surface Asphalt

Road Frontage City Street

Garage Yes

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools Meadowlane

High Schools Melbourne

Others

Senior Community No

Tax ID 28-36-11-26-0000a.0-0031.00

Security Features Fire Alarm,Fire Sprinkler System,Security Lights,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition Corporate Owned, Standard

Virtual Tour https://www.propertypanorama.com/instaview/spc/1047512

Space Coast Association of Realtors (Brevard MLS)
Listed by Landshark Realty
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2273 Merlin DR