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2409 W Ravine Dr - Ruskin Assisted Living Facility

7,500 SF Health Care Building Offered at $1,910,000 in Ruskin, FL 33570

Investment Highlights

  • Assisted living facility, pool, tennis court
  • Lakeside adjacent

Executive Summary

Purchase a 90% complete conversion ready to a 16 person capacity assisted living facility 20 miles South of Tampa, FL. Where the average fees per occupant should pass $4,500 monthly in revenue (over $850,000 per year projected).
Please see below for summarization, please inquire for additional information, including video of exterior/interior, floor plans, additional items.

Current Home Details
Gross Sq Ft 7,500
7 Bedrooms & 7 Bathrooms
Lot Size: 1.3 Acres
Year Built: 1959
Construction Type: Concrete Block Build
HOA: No
Main house consists of three bedrooms, kitchen, living room, dining room, and two bathrooms.
Two Car Garage
One bedroom apartment with it’s own kitchen, living room, dining space, and full bath
Two bedroom apartment with full kitchen, living room, dining room, and two full baths
One studio apartment with small living/dining space, full bathroom
Large open Community Rec room with full kitchen, sauna and one full bath
Upgrades
- Wrought Iron Fence surrounds the street side of the property, chain link surrounds the remainder.
- 1 Bathroom Renovated, The Remaining Need Remodeling
- 3 HVAC Units were Replaced
- Generac Commercial Generator with Panel Installed
- Pool System Serviced, Everything Functions, Pool Heater to be Removed
- Pool System Has Independent Utility Room
- New Architectural Roof
- Sauna in Event Space
- Full Size Regulation Tennis Court
- Rooftop Access from Refinished Spiral Staircase
- Trees and Plants Trimmed Throughout
- Entire Interior and Exterior Painted
- Rear Deck Water Sealed and Washed

Property Facts

Price $1,910,000
Price Per Bed $119,375
Sale Type Investment
Sale Conditions
Business Value Included
  • Redevelopment Project
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 1.05 AC
Construction Status Under Renovation
Building Size 7,500 SF
No. Beds 16
No. Stories 1
Year Built 1959
Parking Ratio 1.6/1,000 SF

About 2409 W Ravine Dr , Ruskin, FL 33570

Assisted living facility ready to update for 16 inhabitants.

Room Mix Information

Description No. Beds
- 16

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-19-32-19-20W-000001-00012.0
Land Assessment
$168,120
Improvements Assessment
$422,157
Total Assessment
$590,277

zoning

Zoning Code RSC-4 (Commercial intensive)
RSC-4 (Commercial intensive)
  • Listing ID: 32357011

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: 2409 W Ravine Dr, Ruskin, FL 33570

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