$750,000

2273 Merlin Drive, Melbourne, FL 32904

  • 2,337 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $321/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Diamond ALF is a fully licensed, turnkey assisted living facility offering a rare opportunity for immediate operation and strong income potential. Recently renovated with several hundred thousand dollars in upgrades, this 4-bedroom property is approved for six residents and includes a full fire alarm and suppression system, a backup generator, and all infrastructure required for regulatory compliance. Though currently unoccupied, the facility is fully approved, licensed, and ready to open its doors. Each of the six beds is capable of generating approximately $5,000 - $5,500 per month, offering the potential for $30,000+/month in gross income. The layout is efficient and resident-friendly, creating a safe and comfortable environment while allowing for smooth day-to-day operations. Whether you're an experienced operator or new to the senior care industry, Diamond ALF delivers a fully finished, move-in ready business in a growing market with increasing demand for assisted living services

Listing Status:
Active
Date Added:
May 30, 2025 at 05:00AM
Listing Office:
Landshark Realty : 321-567-7992
Listing Agent:
Cody Spaur : 321-501-6951
MLS ID:
1047512
  • Appliances: DishwasherElectric RangeElectric Water HeaterMicrowaveRefrigerator
  • Laundry: Electric Dryer Hookup
  • Flooring: LaminateTile
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • General: Storm Shutters
  • Parking: AttachedGarageGarage Door Opener
  • Roofing: Shingle
  • General: BlockStuccoOne
  • Road/Access: City Street
  • Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
  • County: Brevard
  • Zoning: FALCON RIDGE LOT 31 BLK A28-36-11-26-0000a.0-0031.00
  • View: CanalTrees/Woods
  • Current Use: CommercialInvestmentResidential
  • Utilities: Cable AvailableElectricity ConnectedSewer ConnectedWater ConnectedWhole House Generator
  • Water: Public
  • Sewer: Public Sewer
  • Source: Space Coast MLS (Space Coast Association of REALTORS®)

This listing courtesy of Cody Spaur, Landshark Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Meadowlane Primary Elementary School

2800 Wingate Blvd, Melbourne, FL, 32904

Grades PK-2

2.02 miles away

C

Central Middle School

2600 Wingate Blvd, Melbourne, FL, 32904

Grades 7-8

2.31 miles away

M

Melbourne Center for Personal Growth

1000 Inspiration Ln, Melbourne, FL, 32934

Grades 7-12

3.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.