Hot Listing
Lease With Option To Buy - 6 Bed Alf
Business Description
This rare Coral Springs opportunity offers the perfect foundation for a high-revenue Residential Treatment Facility (RTF) or healthcare housing operation. Currently licensed as a 6-bed Assisted Living Facility (ALF), the property has been privately operated with 4 residents due to owner-occupancy limitations. However, the infrastructure and layout fully support 6 beds under the current residential designation — and can be expanded to 10 beds with commercial occupancy zoning, offering substantial upside for a buyer ready to scale.
Zoning and licensing regulations in Coral Springs allow for up to 6 residents by right under the community residential home designation. Buyers looking to expand can pursue commercial classification, opening the door to 10-bed capacity, VA contracts, Medicaid managed care, or private insurance billing. This is a major growth edge in a city with tight controls on facility clustering and limited licensing flexibility for new entrants.
The home features over 3,300 square feet, with 5 bedrooms and 2½ bathrooms, all on a ?-acre lot with no HOA. The layout includes wide hallways, ADA-compliant bathrooms, and separate living and family areas. It comes fully furnished and is ready for use as either an ALF or Residential Treatment Facility.
Key infrastructure includes fire alarm and sprinkler system, impact-rated hurricane windows and doors, central HVAC with two A/C units, smoke and CO detectors, and a whole-house Generac generator powered by a 500-gallon in-ground propane tank.
The outdoor space is equally impressive, featuring a private backyard, large storage shed, swimming pool with safety fencing, covered patio/recreation area, and a 7-car driveway for staff and guests.
Whether continuing as an ALF or converting to an RTF, this turnkey setup meets the needs of healthcare providers serving seniors, veterans, or clients in recovery. With limited competition, strong local demand, and room for licensing expansion, this facility is uniquely positioned to generate high-margin revenue with minimal additional investment.
Seller offers training and transition support, including compliance consulting and guidance for license conversion. A rare, income-ready opportunity in one of South Florida’s most desirable healthcare markets.
Zoning and licensing regulations in Coral Springs allow for up to 6 residents by right under the community residential home designation. Buyers looking to expand can pursue commercial classification, opening the door to 10-bed capacity, VA contracts, Medicaid managed care, or private insurance billing. This is a major growth edge in a city with tight controls on facility clustering and limited licensing flexibility for new entrants.
The home features over 3,300 square feet, with 5 bedrooms and 2½ bathrooms, all on a ?-acre lot with no HOA. The layout includes wide hallways, ADA-compliant bathrooms, and separate living and family areas. It comes fully furnished and is ready for use as either an ALF or Residential Treatment Facility.
Key infrastructure includes fire alarm and sprinkler system, impact-rated hurricane windows and doors, central HVAC with two A/C units, smoke and CO detectors, and a whole-house Generac generator powered by a 500-gallon in-ground propane tank.
The outdoor space is equally impressive, featuring a private backyard, large storage shed, swimming pool with safety fencing, covered patio/recreation area, and a 7-car driveway for staff and guests.
Whether continuing as an ALF or converting to an RTF, this turnkey setup meets the needs of healthcare providers serving seniors, veterans, or clients in recovery. With limited competition, strong local demand, and room for licensing expansion, this facility is uniquely positioned to generate high-margin revenue with minimal additional investment.
Seller offers training and transition support, including compliance consulting and guidance for license conversion. A rare, income-ready opportunity in one of South Florida’s most desirable healthcare markets.
About the Business
- Years in Operation
- 21
- Employees
- 1 Contractor
2 - Currently Home Based
- Yes
- Facilities & Assets
- This 3,300 sq ft single-story residence features 5 bedrooms and 2½ bathrooms, ADA-compliant ramps, accessible bathrooms, a large kitchen, family and living rooms, and comes completely furnished. It includes a fire and alarm system, smoke and carbon monoxide detectors, whole-house Generac generator, 500-gallon in-ground propane tank, impact windows and doors, 2 A/C units, washer/dryer, 0.33-acre lot with shed, private backyard, pool with safety fencing, patio, 7-car parking, and no HOA.
- Website
- http://www.assistedlivingcoralsprings.com
- Market Outlook / Competition
- Demand for small residential assisted living homes continues to grow as the senior population increases and families seek more personalized care settings. In the Broward County and Coral Springs area, many families prefer smaller facilities because they offer a quieter environment and more individualized attention than larger communities. Licensed 6-bed facilities are especially attractive to operators due to manageable operating costs and strong demand for quality residential senior care.
- Opportunities for Growth
- The facility is licensed for six residents and currently houses two, offering immediate opportunity to increase occupancy and revenue. A new operator can grow the business by filling the remaining beds and building referral relationships with hospitals, rehabilitation centers, home health agencies, hospice providers, and local healthcare professionals.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,300
- Rent
- $7,500.00 per month
About the Sale
- Seller Motivation
- The owner has successfully operated the assisted living facility for many years
- Transition Support
- Seller is willing to provide transition support and operational training to ensure a smooth handover
- Financing Options
- Property to be leased option-to-by for a minimum of 5 years
Listing Info
- ID
- 2379060
- Listing Views
- 4541
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Business Location
Listing ID: 2379060 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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