$1,300,000
Palm Bay, FL 32907
MLS# 1047516
4108 sqft
1 / 27
Property Description
Gentle Hand ALF is a fully licensed, turnkey assisted living facility that is currently operational and generating steady income. This 4 bedroom home is approved for six residents beds and has undergone several hundred thousand dollars in recent renovations, including a full fire alarm and suppression system, backup generator, and all infrastructure required for regulatory compliance. Each of the six beds brings in approximately $5,000 per month, offering the potential for $30,000/month in gross income. The facility provides a safe, comfortable environment for residents and an efficient layout for staff, making it ideal for continued operation or expansion. With licensing already in place and income-producing beds in use, Gentle Hand ALF offers a rare opportunity to acquire a fully functional, profitable senior care business in a high-demand market.
Details
Maps
Location, Tax, and Legal
Tax Account: 2837912
Parcel Number: 28-37-29-Kp-02425.0-0011.00
General County Location: South
Elementary School: Lockmar
Middle School: Central
High School: Palm Bay
Tax Annual Amount: 8331.71
Tax Year: 2023
Tax Legal Description: PORT MALABAR UNIT 45 LOT 11 BLK 2425
Directions: Ripley Terr to Hunan St
General Property Information
Stories Total: 1
Bathrooms Half: 0
Living Area: 3296
Living Area Source: Public Records
Building Area Total: 4108
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Water Body Access YN: No
List Price/SqFt: 394.42
Year Built: 1993
Remarks and Miscellaneous
Public Remarks: Gentle Hand ALF is a fully licensed, turnkey assisted living facility that is currently operational and generating steady income. This 4 bedroom home is approved for six residents beds and has undergone several hundred thousand dollars in recent renovations, including a full fire alarm and suppression system, backup generator, and all infrastructure required for regulatory compliance. Each of the six beds brings in approximately $5,000 per month, offering the potential for $30,000/month in gross income. The facility provides a safe, comfortable environment for residents and an efficient layout for staff, making it ideal for continued operation or expansion. With licensing already in place and income-producing beds in use, Gentle Hand ALF offers a rare opportunity to acquire a fully functional, profitable senior care business in a high-demand market.
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
Brick: 1
Frame: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Investment: 1
Medical/Dental: 1
Residential: 1
DPR Eligible
DPR Eligible: No
Flooring
Laminate: 1
Tile: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Private Financing Available: 1
Other: 1
Lot Features
Cleared: 1
Parking Features
Garage: 1
Garage Door Opener: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 378000
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Security Lights: 1
Security System Owned: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Spa Features
In Ground: 1
Private: 1
Special Listing Conditions
Corporate Owned: 1
Real Estate Owned: 1
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Canal: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
No Sign: 1
Restricted Hours: 1
Showing Service: 1
Showing Considerations
Occupied: 1
Contract Information
Current Price: $1,300,000
Original List Price: 1300000
List Price: $1,300,000
Status: Active
Listing Contract Date: 2025-05-28
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 826
Street Name: Hunan
Street Suffix: Street
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32907
MLS Area Major: 344 - NW Palm Bay
Subdivision Name: Port Malabar Unit 45
Status Change Information
Major Change Timestamp: 2025-05-30T12:17:37Z
Major Change Type: New Listing
Status Change Timestamp: 2025-05-30
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Brick; Frame
Cooling: Central Air; Electric
Current Use: Commercial; Investment; Medical/Dental; Residential
Flooring: Laminate; Tile
Heating: Central; Electric; Heat Pump
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: One
Listing Terms: Cash; Conventional; Private Financing Available; Other
Lot Features: Cleared
Parking Features: Garage; Garage Door Opener
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Shingle
Security Features: Fire Alarm; Fire Sprinkler System; Security Lights; Security System Owned; Smoke Detector(s)
Sewer: Public Sewer
Spa Features: In Ground; Private
Special Listing Conditions: Corporate Owned; Real Estate Owned; Standard
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
View: Canal
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; No Sign; Restricted Hours; Showing Service
Listing Office: Landshark Realty
Last Updated: May - 31 - 2025
Information is deemed to be reliable, but is not guaranteed.