ActiveUnknown
SPRING HILL, FL 34608
About this home
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.
Facts & features
Interior
- Living area
- 3,327 sqft
- Cooling
- Central Air
- Stories
- 1
Exterior & lot
- Lot size
- 20,000 sqft (0.46 ac)
- Roof
- Shingle
- Construction
- Block
Financial
- Annual tax
- $8,434 (2025)
- Price / sqft
- $541/sqft
Property
- Property type
- Single Family
- Year built
- 2021
- Subdivision
- SPRING HILL
- County
- Hernando
Listing
- Status
- Active
- Days on market
- 108 days
- MLS #
- MFR789731382
- Source
- Stellar MLS
Listed by Mitchell Eckley · COLDWELL BANKER REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $9,097/mo
- Property tax
- $703/mo
- Home insurance
- Left out until you enter a quote
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Homes for sale in SPRING HILL within the same price band.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| May 4, 2026 | Listed | $1,799,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for SPRING HILL, FL are not connected yet, so this page does not show them.

