1725 MANATEE AVE W, BRADENTON, FL 34205-5924 For Sale

Presenting an exclusive opportunity to acquire Magnolia on the Avenue, a 27-unit, 36-licensed-bed assisted living community on Manatee Avenue West in Bradenton — an urban infill site on a major commercial corridor in the North Port–Sarasota–Bradenton MSA, one of the nation’s fastest-growing metros with a Sarasota County median age of 57.3, among the highest in the country. The two-story, 10,626 SF building (19 studios and 8 semi-private rooms) is fully sprinklered and elevator-served with two dining rooms, a commercial kitchen, and a 24-hour emergency call system, reflecting ongoing capital investment. Twenty-two residents are in place with fourteen vacant licensed beds — approximately $790,000 of FY2025 revenue against roughly $1.08M of gross potential at in-place rates, a defined occupancy upside for an operator with local referral relationships. Established Medicaid managed-care contracts sit alongside a private-pay base, and management transitions at closing. Offered 22% below the community’s April 2023 as-is appraisal of $2,610,000. . Do not visit the community or approach staff or residents — all tours and inquiries are strictly by appointment only. This community is offered individually and is part of a larger three-building Florida assisted living portfolio — portfolio and multi-property offers will be considered. The plant also lends itself to repurposing as behavioral health, substance abuse rehabilitation, or transitional housing — uses commanding premium daily rates with growing demand across Florida.

Investment Highlights:

• Asking Price: $2,025,000 · $75,000/unit (primary) · $56,250/licensed bed — 22% below the April 2023 as-is appraisal ($2,610,000 / $96,700-unit)
• The Plant: two-story 10,626 SF · 27 units / 36 licensed beds (19 studios + 8 semi-private) · fully sprinklered, elevator-served · two dining rooms, commercial kitchen, 24-hour call system · effective age just 14 years per appraisal, reflecting ongoing capital investment
• The Location: 1725 Manatee Avenue West, Bradenton — urban infill on a major commercial corridor · North Port–Sarasota–Bradenton MSA (~910,000, one of the nation’s fastest-growing) · Sarasota County median age 57.3
• The Operation: 22 residents in place (33 beds in service of 36 licensed) · Medicaid managed-care contracts (multiple plans) plus private-pay base · management transitions at closing
• The Upside: 14 vacant licensed beds — no construction or licensing required · ~$1.08M gross potential revenue at in-place rates vs. ~$790K FY2025 actual · plant also suits behavioral-health / transitional-care conversion at premium rates
• The Numbers: ~$790K FY2025 revenue · occupancy-upside underwriting · full financial package via NDA