4616 SW 7th PL CAPE CORAL FL 33914 MLS #224079000

4616 SW 7th PL
CAPE CORAL, FL, 33914
$3,100,000
Beds
0 Baths
0 SqFt
0.92 Acres
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Listing Provided Courtesy of RE/MAX Trend
This fully operational facility features 12 licensed beds, with staff and care services already in place. The current building spans 3,705 SF on a .92-acre lot. There is also an opportunity for the buyer to develop a new facility on the adjacent lot, potentially adding up to 60 beds. Plans for expansion include constructing a new facility with an additional 42 living spaces to accommodate additional residents, with completion anticipated in the first quarter of 2025. The existing staff will be retained to ensure a seamless transition, and the facility plans to hire up to 10 additional employees to support the growing community. Offering both private and semi-private rooms, the facility will provide various pricing options. The thoughtfully designed layout includes accessible community spaces for gatherings and activities, enriching the overall living experience. This expansion aligns with Cape West Assisted Living Facility’s mission to provide high-quality senior living solutions and positions it for sustainable growth. This is an excellent investment opportunity in an ALF market with very limited inventory. Please refrain from disturbing the existing business; all showings are by appointment only. Additional lot to the north is included in the sale 4602 SW 7th Pl.

Property Details

Price:
$3,100,000
MLS #:
224079000
Status:
Active
Beds:
0
Baths:
0
Address:
4616 SW 7th PL
Type:
Commercial
City:
CAPE CORAL
Listed Date:
Sep 26, 2024
State:
FL
ZIP:
33914
Lot Size:
40,075 sqft / 0.92 acres (approx)
Year Built:
2002
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Tax Year
2023
Taxes
$7,062

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4616 SW 7th PL
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