Commercial property in Hollywood, Florida № 1360645

Commercial property in Hollywood, Florida № 1360645
ID1360645 $ 4 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Hollywood Beach Retirement Home – Assisted Living Facility for Sale in Hollywood, Florida Asking Price: $4.5 million | Cap Rate: 10.56% Key Features: Generac generator for uninterrupted power supply Impact windows for enhanced safety Newly installed roof With an impressive and attractive 10.56% cap rate, this facility promises solid and consistent returns. It houses more middle-aged long-term residents. Hollywood, known for its beautiful coastal environment, is a highly desirable location for retirees, making this investment an excellent opportunity in the assisted living market.
MLS #: A11658449
Hollywood - Statistics
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ParametersHollywood
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 333.33
Apartment (1 bedroom) Outside of Centre$ 1 766.67
Apartment (3 bedrooms) in City Centre$ 3 500.00
Apartment (3 bedrooms) Outside of Centre$ 2 750.00
Buy Apartment Price
Price per Square Meter to Buy Apartment Outside of Centre$ 3 164.59
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ParametersHollywood
Crime Index48.99
Traffic Commute Time Index40.00
Restaurant Price Index60.73
Climate Index86.46
Safety Index51.01
Traffic CO₂ Index10640.00
Traffic Inefficiency Index204.55
Rent Index48.77
Health Care Index82.78
Traffic Index197.62
Pollution Index21.84
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ParametersHollywood
Restaurants
Meal, Inexpensive Restaurant$ 25.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 82.50
McMeal at McDonalds (or Equivalent Combo Meal)$ 12.00
Domestic Beer (0.5 liter draught)$ 6.00
Imported Beer (0.33 liter bottle)$ 7.50
Coke/Pepsi (0.33 liter bottle)$ 2.66
Water (0.33 liter bottle) $ 1.92
Cappuccino (regular)$ 5.17
Markets
Milk (regular), (1 liter)$ 1.23
Loaf of Fresh White Bread (500g)$ 3.96
Eggs (regular) (12)$ 5.00
Local Cheese (1kg)$ 17.64
Water (1.5 liter bottle)$ 2.21
Bottle of Wine (Mid-Range)$ 15.00
Domestic Beer (0.5 liter bottle)$ 1.73
Imported Beer (0.33 liter bottle)$ 2.92
Cigarettes 20 Pack (Marlboro)$ 6.50
Apples (1kg)$ 6.24
Chicken Fillets (1kg)$ 12.37
Oranges (1kg)$ 4.46
Potato (1kg)$ 1.34
Lettuce (1 head)$ 2.69
Rice (white), (1kg)$ 3.92
Tomato (1kg)$ 5.12
Banana (1kg)$ 1.51
Onion (1kg)$ 3.29
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 17.41
Transportation
One-way Ticket (Local Transport)$ 2.00
Gasoline (1 liter)$ 0.92
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 35 000.00
Taxi Start (Normal Tariff)$ 3.00
Taxi 1km (Normal Tariff)$ 1.30
Taxi 1hour Waiting (Normal Tariff)$ 24.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 25 612.90
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 163.08
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 75.00
$ 67.60
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 443.33
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.63
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 60.00
Cinema, International Release, 1 Seat$ 16.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 50.47
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 25.00
1 Pair of Nike Running Shoes (Mid-Range)$ 80.00
1 Pair of Men Leather Business Shoes$ 100.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 840.00
International Primary School, Yearly for 1 Child$ 25 250.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityHollywood
Address1722 Madison St, Hollywood FL 33020
TypeCommercial property
Completion dateIV quarter, 1952
Parking places4
Parking typeOpen air
Price
  • Price
  • per m²
$ 4 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £