Confidential Opportunity • Palmetto Bay Area
ALF + Independent Living Investment Opportunity
$1,300,000
Real Estate + Operating Corporation
A confidential opportunity in the Palmetto Bay area to acquire a four-unit property together with the operating corporation associated with an existing 6-bed Assisted Living Facility. Two units are currently used for Independent Living.
Opportunity Highlights
- Asking price: $1,300,000
- Four-unit property
- Real estate included
- Operating corporation included
- Existing 6-bed ALF operation
- Two units currently used for Independent Living
- Additional space with potential for future growth, subject to approvals
- Confidential sale; facility name and exact address are not publicly disclosed
Operating Corporation & AHCA Licensure
The asking price is structured to include the transfer of the operating corporation associated with the existing ALF. Under Florida law, however, a transfer of 51% or more of the ownership, shares, membership, or controlling interest of an AHCA licensee constitutes a Change of Ownership (CHOW). The transferor must notify AHCA in writing at least 60 days before the anticipated change of ownership, and the transferee must apply to AHCA for licensure within the applicable statutory timeframes.
Accordingly, inclusion of the operating corporation in the transaction does not mean AHCA approval or continued licensure is automatic. The transaction and continued ALF operation remain subject to applicable AHCA licensing, CHOW, background screening, disclosure and other regulatory requirements.
Regulatory sources: Florida Statutes §§ 408.803 and 408.807; Rule 59A-36.003(2), Florida Administrative Code; Florida Agency for Health Care Administration (AHCA), Assisted Living Facility regulations. This summary is provided for general informational purposes and is not legal advice.
Growth Potential
The property offers additional space that may provide opportunities for future expansion or additional senior-living use. No representation is made regarding any specific number of additional beds. Any increase in licensed capacity, change in use of space, construction, zoning change or expansion is subject to AHCA and all other applicable zoning, building, fire-safety, sanitation and governmental approvals.
Confidentiality
To protect residents, staff and the ongoing operation, the facility name and exact address are not published. Additional property, business and operating information may be provided to qualified prospective buyers through the appropriate confidentiality and due-diligence process.
Request Confidential Information
Interested in this Palmetto Bay area opportunity? Contact Carmona Real Estate Group LLC for additional information.
Important Disclosure
Information is provided for general marketing purposes and is subject to independent verification. Prospective purchasers should conduct appropriate legal, financial, real estate, licensing, zoning, tax and regulatory due diligence. Carmona Real Estate Group LLC does not guarantee AHCA approval, continued licensure, additional licensed capacity, zoning approval or any other governmental approval.