201 ROSEFIELD AVENUE LEESBURG FL 34748 MLS #O6211409

201 ROSEFIELD AVENUE
LEESBURG, FL, 34748
$750,000
Beds
0 Baths
3,465 SqFt
0.2 Acres
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My ALF Consultant is offering exclusively for sale, this former 20-bed assisted living facility in Downtown Leesburg, FL.

This property is approved for a room and boarding house for up to 19 residents and assisted living for up to 20 residents. The current owners have renovated the property and are preparing it to be used as a Boarding house. The City of Leesburg confirmed that in order to open, the owner will need to add 7 parking spaces. The owner has an estimate for approximately $5900. Check with the City of Leesburg for other possible uses including, foster home, daycare, halfway house, independent living, memory care, APD Group Home, Etc.

Boarding houses are not licensed by any entity and have very little overhead costs. Residents rent either a private or shared room for a fixed monthly cost. All residents share the common spaces, bathrooms, outdoor spaces, and laundry facilities. Services included in the monthly fee are typically utilities, cable TV, phone, cleaning*, and 1 or 2 meals**.

(*Includes common area cleaning and residents must keep their own space clean. **Typically includes continental breakfast only but can offer daily dinner service)

Before the expiration of the due diligence period, the buyer is to verify all permits, market rents, approvals, regulations, parking, capacity increases, allowed use, zoning, financials, pro-formas, applied add-backs, and all other factors pertaining to using this parcel and building for the buyer’s intended use.

Property Details

Price:
$750,000
MLS #:
O6211409
Status:
Active
Beds:
0
Baths:
0
Address:
201 ROSEFIELD AVENUE
Type:
Commercial
Subtype:
Business
City:
LEESBURG
Listed Date:
Jun 6, 2024
State:
FL
Finished Sq Ft:
3,465
ZIP:
34748
Lot Size:
8,500 sqft / 0.20 acres (approx)
Year Built:
1958
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Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Cooling
Central Air

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Construction Materials
Block
Roof
Shingle

Financial

Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$4,601

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201 ROSEFIELD AVENUE
LEESBURG, FL