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Active · Single Family

Unknown

SPRING HILL, FL 34608

Beds
Baths
Area
3,327 sqft
Single FamilyBuilt 202120,000 sqft lotCentral Air$541/sqft108 days on market

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
Estimated monthly payment$9,800/mo
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.

10030 ORCHARD WAYActive
$1,350,000
10030 ORCHARD WAY
SPRING HILL, FL 34608
3 beds3 baths3,676 sqft
15624 PEACE BOULEVARDActive
$1,600,000
15624 PEACE BOULEVARD
SPRING HILL, FL 34610
3 beds2 baths1,404 sqft
222 SUNCOAST BOULEVARDActive
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222 SUNCOAST BOULEVARD
SPRING HILL, FL 34608
7 beds6 baths5,258 sqft

Price history

From the property’s MLS record.

DateEventPriceChange
May 4, 2026Listed$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.

Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home