SPRING HILL, FL 34608

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Presented By: with . - 813-286-6563
  • MLS# TB8505564
  • 05/04/2026
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 3,327

Home Details

This confidential offering presents a high-upside investment opportunity: a newly constructed (2021) Assisted Living and Memory Care Facility located in a rapidly growing Central Florida submarket. Situated on two parcels totaling approximately 20,000 square feet, the property offers excellent accessibility near major roadways and established medical providers—key drivers for sustained demand and referral flow. The facility is currently operating at approximately 60% occupancy, well below the market’s stabilized average, creating a clear and immediate value-add opportunity through lease-up. The existing care model supports both private-pay and Medicaid residents, allowing for diversified revenue streams and consistent occupancy demand. The property is currently licensed for 10 residents, with the ability to increase capacity to 14 residents within the existing footprint. In addition, a zoning determination letter confirms the potential to expand up to 16 residents, presenting a scalable growth strategy for increased revenue and NOI. With modern construction, below-market occupancy, and confirmed expansion potential, this asset is ideally positioned for an operator or investor seeking to drive NOI through operational improvements, census growth, and future development. Seller financing is available, offering additional flexibility for qualified buyers. Detailed financials, licensing documentation, and expansion information will be made available upon execution of a confidentiality disclosure.
Presented By: with . - 813-286-6563

Interior Features for

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Total Stories1

General for

Additional Parcels Y/NNo
Association NameN/A
Building Area UnitsSquare Feet
CitySPRING HILL
Construction MaterialsBlock
CoolingCentral Air
CountyHernando
DirectionsFrom the Suncoast Parkway, take County Line Rd west. Turn right onto Linden Dr, then right onto Partridge St. Property will be on your right.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionSPRING HILL UNIT 20 BLK 1363 LOTS 12 & 13
Listing TermsCash, Owner May Carry
Living Area UnitsSquare Feet
Lot Size Square Feet20000
Lot Size UnitsSquare Feet
MLS Area34608 - Spring Hill/Brooksville
New ConstructionNo
OwnershipFee Simple
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofShingle
Standard StatusActive
StatusActive
Subdivision NameSPRING HILL
Tax Annual Amount8433.76
Tax Lot12
Tax Year2025
Water Access Y/NNo
Water View Y/NNo
Year Built2021

Exterior for

Building Area Total3446
Foundation DetailsSlab
Lot Dimensions80 x 125
Lot Size Acres0.46
Lot Size Area20000
Number of Buildings1
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $1,799,000
MLS#TB8505564
List Date 05/04/2026
Property Type Commercial
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