House in Lady Lake, Florida 7 bedrooms, 239.13 sq.m. № 2116699

Property description

NO HOA! The property sits on a 2.27-acre lot and offers 2,574 SF of living space with 7 bedrooms and 4 bathrooms. It comes partially furnished with furniture, fixtures, and business equipment included. The home has operated as a licensed 6-bed Assisted Living Facility (ALF) for over a decade. The property will be delivered vacant; the seller intends to keep the ALF license active for the next buyer if requested. With NO HOA in place, the next owner may choose to continue operating the home as a residential ALF or explore other permitted uses such as adult day care, a halfway home, or other congregate living arrangements.  Safety features include a fire alarm system and a generator. Conveniently located approximately 15 minutes from The Villages. The home is competitively priced at comparable real estate values, offering an opportunity for investors, operators, or homeowners alike. Before the expiration of the due diligence period and closing, the buyer is responsible for verifying room measurements, licensing requirements, permits, zoning, and any other details pertaining to the buyer’s intended use of the property.