Property Description

Rare opportunity to own an operating assisted living facility on a massive, nearly 3-acre (approx. 2.84 acres) contiguous parcel in Punta Gorda, FL, a scale of land that almost never comes to market in this area. Located at 26563 Sandhill Blvd, Alder Terrace Adult Care Center is offered together with three adjacent vacant lots at $2,950,000. The facility is award-winning, ranked #1 by BusinessRate in June 2026, and runs at 95% occupancy, with a room or two kept open for short-term use. It has produced approximately $836,000 in gross income so far in 2026, and P&L financials for 2024, 2025 and 2026 year to date are available to qualified buyers. This is an excellent candidate for E-2 visa investors. An established, profitable operating business with substantial real estate is the kind of investment E-2 applicants look for, and the extra acreage gives an investor room to grow the business they will develop and direct. Foreign buyers should confirm eligibility with an immigration attorney. The 10,296 sq ft main building has 20 bedrooms and 8 bathrooms and is already operating as adult care. RMF15 zoning (15 units/acre) supports the current use, and the additional lots are available for expansion or future development. Solar panels provide electricity, which helps keep operating costs down. Other features include a 625 sq ft standalone pavilion, screened porch areas, extensive concrete and asphalt paving, and commercial irrigation. Capital improvements include a 2019 metal roof, a commercial backup generator with switches, LP gas piping, and an upgraded fire monitoring system. The facility is fully connected to Charlotte County municipal water and sewer. Over 29,000 residents live within a 3-mile radius. Turnkey and income-producing on an oversized parcel, this is a strong fit for E-2 visa investors, senior care operators, and commercial real estate investors.