1234 Old Main Street, Bradenton, FL 34205

This is an opportunity to acquire a licensed 36-bed assisted living community on an urban infill site along a major commercial corridor in the North Port–Sarasota–Bradenton MSA — one of the nation's fastest-growing metros, with a senior population concentration among the highest in the country. The community features 19 studios and 8 semi-private rooms, two dining rooms, a commercial kitchen, a nurses' station, and full fire sprinkler coverage with 24-hour emergency call systems. Performance is trending upward: current-year revenue and earnings are running ahead of the prior year, with 13 vacant licensed beds offering further census upside requiring no construction or licensing.

The current owner is fully absentee — the community is run by a third-party management company with an experienced on-site administrator, and management can be retained by a new owner or replaced with the buyer's own team. For a hands-on owner-operator, stepping into the operation directly offers immediate margin recapture on top of the census upside. The physical plant is also well-suited for conversion to behavioral health or transitional care uses commanding premium daily rates. Offered at $72,200 per unit — well below replacement cost and prior appraised value of $2.61m in 2023.

Asking Price: $1,950,000

Cap Rate: 8.7% on current annualized Adjusted EBITDAR

Adjusted EBITDAR (2026 YTD annualized): ~$169,000

Annualized Revenue (2026 YTD): ~$800,000

Price / Unit: $72,200 | Price / Bed: $54,200

Size: 10,626 SF, two-story, elevator-served

Payor Mix: Diversified private pay and Managed Medicaid

Asset Type: Licensed Assisted Living Facility | concrete block construction, effective age ~14 years reflecting ongoing capital investment

Ownership: Absentee owner — operated day-to-day by third-party management with an on-site administrator