USAFLDunedinHeatherwood Place639 Michigan Blvd
APT-1500 - 639 Michigan Blvd, Home with 0 bedrooms, 0 bathrooms and null parking in Dunedin FL | Image 1
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$2,200,000

Apt-1500 - 639 Michigan Blvd, Dunedin, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Business Opportunity
Size 2336 sqft
Garage No
HOA Fees 
Taxes $5,589
Days Active 3
Approx. Age 1956
Avg. Price Per Sqft $941
MLS® Number TB8415473

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Amazing opportunity to own a licensed 8-bed Assisted Living Facility (ALF) in the heart of Dunedin, with a variance approved for up to 14 beds. This newly updated facility is being positioned as an APD (Agency for Persons with Disabilities) group home or day school model, offering low overhead and strong income potential. The property features 6 private bedrooms, each with its own full bathroom, a fully remodeled kitchen, updated flooring, accessible bathrooms, and ample on-site parking. The building meets current county codes and ALF/APD standards. Projected income is approximately $6, 000 per bed/month. Patients are eligible for a $700/month food allowance, and the county provides transportation for residents to attend school (until 5pm on weekdays and 2pm on weekends), minimizing staffing needs. Staffing is only required between approximately 7am–7pm. Seller financing available with favorable terms. Sale is contingent upon seller stabilizing occupancy with 8 residents and providing financials upon stabilization. Minutes from downtown Dunedin and Honeymoon Island Beach. Perfect for investors or operators seeking a turnkey income-producing facility in one of Dunedin’s most desirable areas.Show Description
MLS® NumberTB8415473
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1956
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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