Sold

Closed

427 Oriole Lane

Indialantic FL, 32903

$725,000


$299.83 per sqft

Sold

Closed

2,418 sqft

Commercial

Built in 1989

UNIQUE OPPORTUNITY to assume a long time functioning assisted living facility in the prestigious 24 hour manned gated community of The Sanctuary in the beachside town of Indialantic, FL. New owner will have EXCLUSIVE RIGHTS to continue to operate as an assisted living facility in the Sanctuary, as per legal agreement. Great staff is already in place, and owner is willing to assist with transition process. Home has been modified to meet all requirements to operate as ALF, such as whole house fire sprinkler system, whole house back up generator, walk in tub, grab bars, etc. Roof 2020, AC 2022. Owner is finishing probate process, and would like to retire. Now's your chance to assume the solid reputation of this long time business with real estate included!

973156

MLS ID

August 22, 2023

Listed

February 20, 2025

Updated

Interior Features

Floor Description

Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.28 Acres


Roof

Composition


Security

Fire Sprinkler System, Smoke Detector(s)

Other Property Details

Area Name

383 - N Indialantic


Taxes

$10,370


Tax Frequency

Annually


Garage

No


View

No


County

Brevard


Pool

No

Listing History

Date

Event

Price

11/14/2023

Price change

$725,000

-4%

11/14/2023

Sold

$725,000

8/27/2023

Pending

Courtesy of Florida Homes Rlty. & Mtg. LLC, Dominique Mahler,
Listing Contact: 904-996-9115 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Carpenter | Kessel Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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