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8.15% Cap Rate!!! Offer Memo (OM) available upon request. Banana River Villas, a Senior Care Home is licensed for 6 Residents with an additional 1 bedroom, 1 bathroom Living Quarter with Private Kitchen & Living Room for Live-In Staff &/or Owner Operators. Its facility offers a comfortable homelike setting for Residents needing Assisted Living. Offering a "Worry Free" way of life through its All Inclusive Services & Amenities. The 5th Wheel Camper in the back conveys with the Subject Property. The property is Canal Frontage leading to the Banana River Lagoon, Indian River Lagoon and the Atlantic Ocean. One of the largest Facilities licensed for 6 Residents in Brevard County, it's situated near many landmarks and recreation the Space Coast offers. Price based on Income & Expenses from its 2021 IRS Filings & Current 2022 YTD P&L. Available Upon Request & Signed NDA. Seeing is Believing!!!

Property Details of 1275 N Banana River Drive

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Listed by Jeff Jacobson of WEICHERT REALTORS HALLMARK PRO

Merritt Island, FL Demographics

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Merritt Island, FL Schools

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Based on information submitted to StellarMLS as of October 6, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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