SPRING HILL, FL - Image 1 SPRING HILL, FL - Image 2 SPRING HILL, FL - Image 3 SPRING HILL, FL - Image 4 SPRING HILL, FL - Image 5 SPRING HILL, FL - Image 6 SPRING HILL, FL - Image 7 SPRING HILL, FL - Image 8 SPRING HILL, FL - Image 9 SPRING HILL, FL - Image 10 SPRING HILL, FL - Image 11 SPRING HILL, FL - Image 12 SPRING HILL, FL - Image 13 SPRING HILL, FL - Image 14 SPRING HILL, FL - Image 15 SPRING HILL, FL - Image 16 SPRING HILL, FL - Image 17 SPRING HILL, FL - Image 18 SPRING HILL, FL - Image 19 SPRING HILL, FL - Image 20 SPRING HILL, FL - Image 21 SPRING HILL, FL - Image 22 SPRING HILL, FL - Image 23 SPRING HILL, FL - Image 24 SPRING HILL, FL - Image 25 SPRING HILL, FL - Image 26 SPRING HILL, FL - Image 27 SPRING HILL, FL - Image 28 SPRING HILL, FL - Image 29 SPRING HILL, FL - Image 30 SPRING HILL, FL - Image 31 SPRING HILL, FL - Image 32 SPRING HILL, FL - Image 33 SPRING HILL, FL - Image 34 SPRING HILL, FL - Image 35 SPRING HILL, FL - Image 36 SPRING HILL, FL - Image 37 SPRING HILL, FL - Image 38

$1,799,000

0 Beds 0 Baths 3,327 SQFT 0.46 Acres
Type: Commercial


SPRING HILL, FL 34608

MLS#: TB8505564
Pat Janostin
Pat Janostin
The Real Estate Advantage
Agent
Phone: 612.616.0398
Office: 763.755.1100
Presented by: COLDWELL BANKER REALTY with 813-286-6563. - 813-286-6563

Property Description

 

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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Association NameN/A
Building Area Units0 sqft
CitySPRING HILL
Construction MaterialsBlock
CoolingCentral Air
CountyHernando
DirectionsFrom the Suncoast Parkway, take County Line Rd west. Turn right onto Linden Dr, then right onto Partridge St. Property will be on your right.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionSPRING HILL UNIT 20 BLK 1363 LOTS 12 & 13
Listing TermsCash, Owner May Carry
Living Area Units0 sqft
Lot Size Square Feet20,000 sqft
Lot Size UnitsSquare Feet
MLS Area34608 - Spring Hill/Brooksville
New ConstructionNo
OwnershipFee Simple
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofShingle
Standard StatusActive Under Contract
StatusPending
Subdivision NameSPRING HILL
Tax Annual Amount$8,434
Tax Lot12
Tax Year2025
Water Access Y/NNo
Water View Y/NNo
Year Built2021

Exterior

Building Area Total3,446 sqft
Foundation DetailsSlab
Lot Dimensions80 x 125
Lot Size Acres0.46
Lot Size Area20,000 sqft
Number of Buildings1
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,799,000

0 Beds 0 Baths 3,327 SQFT 0.46 Acres
Type: Commercial


SPRING HILL, FL 34608

MLS#: TB8505564
Pat Janostin
Pat Janostin
The Real Estate Advantage
Agent
Phone: 612.616.0398
Office: 763.755.1100