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1189 W River Dr
Margate, FL 33063 Margate Gardens

Price Upon Request

Assisted Living For Sale  •  38,719 SF

Property Details

  • Property Type Assisted Living
  • Total Building Size 38,719 SF
  • Lot Size 1.93 AC
  • Building Class C
  • Year Built 1962
  • Zoning R-3
36 Transit Score
36 Walk Score

Highlights

64 Bed (Zoned for 114) Licensed Assisted Living Facility
97% Occupancy
10.29% Projected CAP Rate
Excellent Investment Opportunity

Public Transportation

Commuter RailDriveWalkDistance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 6.5 mi
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 13 min - 7.0 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 29 min - 18.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 43
Type: Surface
Included in Rent: Yes