CENTURY 21 Edge
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$1,200,0004,663 sq ft$257 /sq ft

, NORTH PORT, FL, 34287

Active114 days on marketListed Apr 1, 2026MLS #A11990524

About this property

The property at a glance

An exceptional investment opportunity in a prime North Port location. This expansive property, turnkey as an Assisted Living Facility (ALF). The oversized lot provides ample space for recreational use or further expansion. Property highlights, 5 bedrooms with double occupancy for up to 10 beds, 4.5 bathrooms, screened patio for relaxing, new roof 2023, new generator, sprinklers system and 1998 construction. A perfect find for strategic investors looking for high-growth potential. Don’t miss out on this versatile venture.

4,663

Building sq ft

$257

Price / sq ft

4,663

Lot sq ft

CTNP

Zoning

Income/MultiFamily

Property type

Building size4,663 sq ft
Lot size4,663 sq ft
ZoningCTNP
Business typeAdult Congregate, Commercial/Residential Income
ParkingOn Street
ConstructionConcrete Block Construction

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $300,000
Interest rate6.00%
Loan term

Estimated payment

$6,656/mo

Principal & interest$5,396
Est. property taxes$1,100
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Chad to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

5,000vehicles / day · 2025Sr 45/Us 41 to Spring Haven Dr · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

The area

Who's around this property

2,507

Population

$61,015

Median income

51

Median age

2

Avg household

$268,990

Median home value

$1,089/mo

Median rent

221

Households w/ kids

Consumer profile

Lighthearted FunTop 2%

This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.

Sites to SeeTop 12%

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

My CrewTop 14%

Family, and friends who are like family - that's what this population is all about. These people love celebrating and nurturing their closest relationships.

Spiritual PracticesTop 15%

Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.

Connected MotherhoodTop 17%

Motherhood is a unique journey for every woman. There are highs, lows,and lots to celebrate. These moms seek to share their experiences and engage with a community of moms.

Fitness ObsessionTop 18%

Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.

Recent sales

What actually sold near

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

5400 S BISCAYNE DRIVE UNIT D

$18,000

5400 S BISCAYNE DRIVE UNIT D

950 sqft · $19/sqft · Sold Nov 25, 2024

XXXXXXXXXXXXX TAMIAMI

$960,000

XXXXXXXXXXXXX TAMIAMI

4,209 sqft · $228/sqft · Sold Apr 30, 2025

14236 TAMIAMI TRAIL UNIT B

$30,000

14236 TAMIAMI TRAIL UNIT B

4,544 sqft · $7/sqft · Sold Mar 19, 2025

Your team

The pros in your corner

Chad Creech

Your agent

Chad Creech

President, Commercial and Development Services · CENTURY 21 Edge

Tours, offers, and every question about — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for .

See it in person

Schedule a tour

Live availability from Chad's calendar — pick a time and it's booked.

Listing courtesy of United Realty Group Inc · Shevaun Gandy. MLS #A11990524.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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CENTURY 21 Edge
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