For Sale


Browse all 36 photos


Auction Property. Go to Crexi.com for more details. For registration requirements and regulations, please review Realtor Remarks. Additional Due Diligence docs on Crexi.com. Reserve does not reflect asking price. Auction date starts on February 27th, 2023 and ends on March 1st, 2023. 11.4% Cap Rate at current price!!! Sellers Motivated!!! Offer Memo (OM) available upon request. Banana River Villas, a Senior Care ALF Home is licensed for 6 Residents with an additional 1 bedroom, 1 bathroom Living Quarter with Private Kitchen & Living Room for Live-In Staff &/or Owner Operators.Its facility offers a comfortable homelike setting for Residents needing Assisted Living. Offering a "Worry Free" way of life through its All Inclusive Services & Amenities. The 5th Wheel Camper in the back conveys with the Subject Property. The property is Canal Frontage leading to the Banana River Lagoon, leading to the Atlantic Ocean. One of the largest Facilities licensed for 6 Residents in Brevard County. The Property can can carry many other uses besides an ALF for Commercial and Residential purposes ie; Vacation Duplex, VRBO, Air BnB, Office Duplex etc. It's situated near many landmarks and recreation the Space Coast offers. Price based on Income & Expenses from its 2021 IRS Filings & Current 2022 YTD P&L. Available Upon Request & Signed NDA. Seeing is Believing!!!
read more

  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Acres:0.43
      • Square Feet:3008
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1966
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Available, Public, Water Connected
  • Community and Neighborhood Details
    • Location
      • County:Brevard
    • Community
      • Subdivision:ACREAGE
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 190, 000
      • Selling Office Commission:3%
      • Annual taxes:$3, 650
      • Days on Market (Cumulative):145
  • Other
    • Source
      • MLS #:O6048806


Don - SeawindsSeawinds Realty, Inc.
  • Request Info
  • Schedule Showing

Interested in Purchasing 1275 N BANANA RIVER DRIVE?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!

Monthly Payment