Ad #7822796
MLS #TB8505564
Under contract-accepting backup offers. This confidential
Spring Hill, Florida, 34608
$1,799,000
0Beds
0Baths
3,327Sqft
0.460Acres
About this property
Under contract-accepting backup offers. This confidential offering presents a high-upside investment opportunity: a newly constructed (2021) Assisted Living and Memory Care Facility located in a rapidly growing Central Florida submarket. Situated on two parcels totaling approximately 20,000 square feet, the property offers excellent accessibility near major roadways and established medical providers--key drivers for sustained demand and referral flow. The facility is currently operating at approximately 60% occupancy, well below the market's stabilized average, creating a clear and immediate value-add opportunity through lease-up. The existing care model supports both private-pay and Medicaid residents, allowing for diversified revenue streams and consistent occupancy demand. The property is currently licensed for 10 residents, with the ability to increase capacity to 14 residents within the existing footprint. In addition, a zoning determination letter confirms the potential to expand up to 16 residents, presenting a scalable growth strategy for increased revenue and NOI. With modern construction, below-market occupancy, and confirmed expansion potential, this asset is ideally positioned for an operator or investor seeking to drive NOI through operational improvements, census growth, and future development. Seller financing is available, offering additional flexibility for qualified buyers. Detailed financials, licensing documentation, and expansion information will be made available upon execution of a confidentiality disclosure.
Property Features
0 Beds
0 Baths
3,327 Sqft
Built in 2021
0.460 Acres
Siding: Block
Shingle Roof
$8,434 / yr property tax
Hernando County
SPRING HILL Community
Additional Photos
Contact Information
Mitchell Eckley
Coldwell Banker
813-286-6563
Location
Listing Agent: Mitchell Eckley (License #: 3361538) 813-286-6563
Broker: Coldwell Banker 813-754-3586 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Coldwell Banker 813-754-3586 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 20, 2026
Photo Gallery
$1,799,000
0
Beds
0
Baths
3,327
Sqft
Spring Hill, Florida, 34608
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8505564
Under contract-accepting backup offers. This confidential
$1,799,000
Spring Hill, Florida, 34608
0
Beds
0
Baths
3,327
Sqft
0.460
Acres
$1,799,000
Spring Hill, Florida, 34608
0 Beds
0 Baths
3,327 Sqft
0.460 Acres
Under contract-accepting backup offers. This confidential offering presents a high-upside investment opportunity: a newly constructed (2021) Assisted Living and Memory Care Facility located in a rapidly growing Central Florida submarket. Situated on two parcels totaling approximately 20,000 square feet, the property offers excellent accessibility near major roadways and established medical providers--key drivers for sustained demand and referral flow. The facility is currently operating at approximately 60% occupancy, well below the market's stabilized average, creating a clear and immediate value-add opportunity through lease-up. The existing care model supports both private-pay and Medicaid residents, allowing for diversified revenue streams and consistent occupancy demand. The property is currently licensed for 10 residents, with the ability to increase capacity to 14 residents within the existing footprint. In addition, a zoning determination letter confirms the potential to expand up to 16 residents, presenting a scalable growth strategy for increased revenue and NOI. With modern construction, below-market occupancy, and confirmed expansion potential, this asset is ideally positioned for an operator or investor seeking to drive NOI through operational improvements, census growth, and future development. Seller financing is available, offering additional flexibility for qualified buyers. Detailed financials, licensing documentation, and expansion information will be made available upon execution of a confidentiality disclosure.
27 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
3,327 Sqft
Built in 2021
0.460 Acres
EXTERIOR
Siding: Block
Shingle Roof
FINANCIAL & COMMUNITY
$8,434 / yr property tax
Hernando County
SPRING HILL Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7822796
Viewed
53 times
Listing Status
Pending
Added
Jun 23, 2026
Last Refresh
Jul 20, 2026 02:15:43 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
TB8505564
Listing Agent: Mitchell Eckley (License #: 3361538) 813-286-6563
Broker: Coldwell Banker 813-754-3586 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Coldwell Banker 813-754-3586 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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