Address not disclosed, Spring Hill, FL 34608
Address not disclosed, Spring Hill, FL 34608
Address not disclosed, Spring Hill, FL 34608
39
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$1,799,000
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3,327 SqFt
New

Address not disclosed Spring Hill, FL 34608

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Mary Jo Lobrutto

Mary Jo Lobrutto

+1(941) 303-0449

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,327 sqft

Price per Sqft $540

Subdivision Spring Hill

MLS Listing ID TB8505564

Construction Status Completed

HOA Y/N No

Year Built 2021

Annual Tax Amount $8,433

Lot Size 0.460 Acres

Acres 0.46

Lot Dimensions 80x125

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

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.

Location

State FL

County Hernando

Community Spring Hill

Area 34608 - Spring Hill/Brooksville

Interior

Cooling Central Air

Exterior

Roof Type Shingle

Building

Story 1

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing, Owner Financing

Listing Terms Cash, Commercial Financing, Owner Financing

Special Listing Condition None

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Mitchell Eckley COLDWELL BANKER REALTY

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Mary Jo Lobrutto

Mary Jo Lobrutto

Agent | License ID: 3481734

+1(941) 303-0449

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