Available
$450,000(ARV: $2,500,000)18% of ARV

Pasco County, Hudson, FL 34667

13 bd5 ba4,532 sfBuilt 1960

5 days ago

Gross spread$2,050,000

Description

MASSIVE VALUE-ADD OPPORTUNITY: FORMER 22-BED ASSISTED LIVING FACILITY IN HUDSON, FL Address: 7632 Maryland Ave, Hudson, FL 34667 Asking Price: $450,000 (Under $100/SF!) Property Type: Former Assisted Living Facility (ALF) / Nursing Home / Group Home Specs: 13 Beds | 5 Baths | ~4,532 SF Under Air | ~0.43 Acre Lot | Block/Stucco Construction CALL OR TEXT Jason or Katrina: [contact details hidden] or click "Make An Offer" now to lock this in before it's gone! THE BIG PICTURE: $1,000,000+ GROSS REVENUE POTENTIAL This is far bigger than simply renovating and reselling a commercial building. Formerly operating as Maryland Manor Assisted Living Facility, this property has a longstanding history of senior-care and group-home use, historically accommodating 21–22 beds (per seller). For the right operator or commercial investor, you aren't just buying a 4,532 SF concrete block building—you are acquiring the shell and expensive commercial infrastructure capable of becoming a seven-figure income-producing senior-care business with a stabilized valuation potential well into the $2,000,000 to $3,000,000+ range. Multiple High-Yield Exit Strategies: Re-license and operate as a 22-Bed Assisted Living Facility (ALF) Sober Living / Transitional Housing / Behavioral Health Facility Veterans Group Home or Adult Family Care Home High-Density Co-Living / PadSplit Conversion R-4 High Density Residential Redevelopment / Multifamily POTENTIAL 22-BED REVENUE & VALUATION UPSIDE If the property is renovated, re-licensed, and operated at its historical 22-bed capacity, the gross revenue potential becomes substantial. Current assisted-living rates in the Hudson market often exceed these baselines depending on room type, care level, and services: At 100% Occupancy (22 Beds): $3,000/month × 22 beds = $792,000 / year gross $3,500/month × 22 beds = $924,000 / year gross $4,000/month × 22 beds = $1,056,000 / year gross Stabilized End-Value Perspective: A stabilized facility producing ~$1.05M annually and operating at a 25%–30% operating margin can potentially generate $260,000–$315,000+ annually in Net Operating Income (NOI). Because an end-buyer is purchasing a cash-flowing business alongside the real estate, that income stream can support a stabilized valuation well into the $2M+ to $3M+ range under strong operating performance. (Note: Figures are provided solely as examples of potential operating economics and are not guarantees of revenue, profitability, licensing, occupancy, or future value.) EXISTING COMMERCIAL INFRASTRUCTURE Much of what an operator would otherwise spend hundreds of thousands of dollars and months of permitting to build from scratch is already in place: 13 Bedrooms & 5 Bathrooms Commercial Kitchen for resident meal prep w/ large commercial exhaust / Type I Grease Hood Fire Sprinkler Infrastructure & Commercial Fire Alarm History Dedicated Employee / Staff Areas & Multiple Resident Common Areas 3 Separate Split-System HVAC Systems Solid Block / Stucco Construction on a ~0.43 Acre Parcel Ceramic Tile throughout much of the facility Large On-Site Parking Lot Favorable Zoning: Classified in county records as a Nursing Home; parcel is zoned R-4 High Density Residential CURRENT CONDITION & RENOVATION SCOPE The facility has been neglected for several years and needs a full renovation, which is heavily priced into the $450,000 ($99/SF) asking price. Substantial infrastructure remains in place to build upon: Exterior: Broken windows, exterior overgrowth/tree work, soffit repairs, landscaping, and backyard cleanup. Interior: General interior renovation, kitchen restoration, and bathroom updates. Much of the existing ceramic tile appears reusable after cleaning, and additional flooring material is already on site. Mechanicals: Electrical upgrades needed (including replacement of a Sylvania panel) and full evaluation/servicing of the 3 HVAC systems (one inspected unit has a 2016 manufacture date; ages and operation of all units have not yet been fully verified). LOCK THIS DEAL IN TODAY Opportunities to acquire a 4,532 SF former ALF with fire sprinklers and a commercial kitchen hood at this price basis are rare in Pasco County. ASKING PRICE: $450,000 CALL OR TEXT Jason or Katrina: [contact details hidden] or click "Make An Offer" now to lock this in before it's gone!

$/sqft vs market

This deal$99/sqft
Market median$220/sqft
Difference−55% below

Median of 68 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms13
Bathrooms5
Square feet4,532
Lot size18,862 sf
Year built1960
ConditionMajor Repair
OccupancyTenant Occupied
ParkingDriveway

Systems & condition

HeatingFurnace
Air conditioningNone
FoundationSlab
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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