10637 Lithia Pinecrest RoadLithia, FL 33547MLS Number A4215524

  • Price: $1,145,000
  • Est. Mortgage of $/month
  • 139 Days on Market
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$
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Federal 30-year interest rate: 4.53% last updated on Aug 16, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 10Bedrooms
  • 5Bathroom
  • 4,468Square Feet
  • 5Acreage

Motivated Sellers! Updated, 16 Beds MONEY MAKING ALF operated by The Same Owner for 23 Years. Reliable Annual Income Received is Approximately 25% Below Market Rent (Market Rent Increase Would Generate Over 22% Cap Rate.) This Well Established ALF Sits on 5 Commercial Acres (Can Modify Existing Building to 24 Beds.) Can Expand beyond 24 Beds (on 5 Acres Commercial Property) and Could be Perfect to Include Lucrative Memory Care Units. Seller Will Also Consider an Attractive Lease with Two Acres. In Addition, Seller Has a Fully Operating Recently Renovated, Profitable 6 Beds ALF Available(nearby) on 1 Commercial Acre for Only an Additional $325,000. A Great Opportunity to Include Lucrative Memory Care Units. Sold Separately or Package Deal.Seller is Religious and Under Charges Some of the Residents as a Way of Giving Back to the Community. If New Residents Were Charged the Going Rate, it Would Increase the Bottom Line Significantly!The Seller and Her Team Would be Willing to Stay up to a Year to Help With the Transition. The Sellers are Committed to Helping New Buyers Succeed and Will be Available to Help Throughout the Transition.The ALF's are located in Hillsborough County. According to the 2010 census, population was 1,229,226, making it the fourth most populous county in Florida. Please call or email If you are interested in further information about this golden opportunity.dimensions approximate, buyers to verify. Information deemed reliable but not guaranteed.

Listed by Alfred DiPierro of GLOBAL NETWORK REALTY & ASSOC.

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Area33547 - Lithia

Building

  • Floor InformationLaminate
  • OutbuildingsShed(s)
  • Approximate Age44
  • Square Feet4,468
  • Year Built1974
  • WindowsBlinds, Window Treatments
  • SubstructureSlab

Exterior

  • ExteriorBlock
  • Exterior FeaturesFenced, Outdoor Grill
  • RoofingShingle

Water Body

  • has_waterfrontN
  • Water ViewN

Other

  • List Date04/05/2018
  • Date Listed04/05/2018
  • Original Listing Price$1,145,000
  • OwnershipFee Simple
  • Security FeaturesFire Sprinkler System, Smoke Detector(s)
  • Tax Year08/21/2018
  • View Count2

Basic Information

  • MLS NumberA4215524
  • Address10637 Lithia Pinecrest Road
  • TownLithia
  • StateFL
  • List Price$1,145,000
  • Agent NameAlfred Dipierro
  • Broker NameGlobal Network Realty & Assoc.

Interior

  • Bathroom5
  • FireplaceY
  • Interior FeaturesAttic, Ceiling Fans(s), Window Treatments
  • Appliances
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Freezer
    • Microwave
    • Microwave Hood
    • Oven
    • Range
    • Range Hood
    • Refrigerator
    • Washer
  • RoomsAttic
  • Bedrooms10
  • Full Bath5

Location

  • ZoningAR
  • CountyHillsborough
  • Township29
  • StreetLithia Pinecrest Road
  • Zip33547
  • Building Number10637

Property

  • Property TypeResidential
  • Garage Spaces
  • Acreage5
  • Parking DescriptionBoat, Guest, None, Open
  • Sq Feet of Land4468

Utilities

  • Heat TypeCentral
  • A/CCentral Air
  • Utilities AvailableCable Connected

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