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Former ALF with 24 Beds Zoning Approval

2 Health Care Properties Offered at $1,400,000 in Spring Hill, FL

Investment Highlights

  • 13 Bedrooms previously licensed for 17 residents (Conditional Approval for 24 Licensed Beds)
  • Fire Alarms and Fire Sprinkler Systems in Both Buildings
  • Beautiful Outdoor Space for Residents’ Enjoyment
  • High Visibility on Busy Mariner Blvd.
  • Well-maintained and ready for licensing

Executive Summary

My ALF Consultant is pleased to present Mariner Palms, a former assisted living facility located in the thriving community of Spring Hill, FL. This vacant property is fully furnished and equipped, making it ready for immediate re-licensure and an excellent turnkey opportunity for operators or investors in the assisted living sector.
Designed in the Residential Assisted Living (RAL) model, Mariner Palms creates a homelike atmosphere that enhances resident satisfaction. This boutique-style approach provides a warm, non-institutional setting, ensuring a comfortable environment for future residents. The property consists of two buildings with a combined 6,585 square feet of space, constructed in 2004 and 2016. Building 1 features 3,280 square feet with six private bedrooms, while Building 2 spans 3,305 square feet and includes seven private bedrooms. Previously licensed for 17 beds, the property has conditional approval to expand to 24 licensed beds, offering operators the potential to grow their capacity. Situated on busy Mariner Boulevard, the property benefits from high visibility and prominent exposure, supported by a well-placed monument sign.
Recently renovated for assisted living use, Mariner Palms comes fully outed with all necessary fixtures, furniture, and equipment to streamline the licensing process. Its open-concept floor plan fosters functionality and comfort, complemented by thoughtfully designed outdoor spaces for residents’ enjoyment. Safety features include re-alarms and sprinkler systems in both buildings, ensuring compliance with key operational standards. Ample parking is available for staff, visitors, and vendors, while preliminary concept architectural plans are available to combine the two buildings. This could improve operational efficiency or potentially increase capacity, subject to necessary approvals.
Mariner Palms offers a rare opportunity to acquire a well-maintained, strategically located property with significant growth potential. Its boutique design, readiness for immediate re-licensure, and excellent location make it an ideal choice for operators seeking to provide high-quality care in a residential setting. For additional information or to schedule a private showing, contact My ALF Consultant today.
Buyers are advised to independently verify conditions for re-licensure, bed capacity increases, zoning approvals, and the feasibility of connecting the two buildings with the appropriate authorities before the expiration of the due diligence period.

Property Facts

Price $1,400,000
Price / SF $212.60 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,585 SF
Total Land Area 0.81 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5303 Mariner Blvd, Spring Hill, FL 34609 Health Care 3,280 SF 2004 -
5311 Mariner Blvd, Spring Hill, FL 34609 Health Care 3,305 SF 2016 -
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  • Listing ID: 34394646

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: Former ALF with 24 Beds Zoning Approval, Spring Hill, FL

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