Motivated Sellers! Updated, 16 Beds MONEY MAKING ALF operated by The Same Owner for 23 Years. Reliable Annual Income Received is Approximately 25% Below Market Rent (Market Rent Increase Would Generate Over 22% Cap Rate.) This Well Established ALF Sits on 5 Commercial Acres (Can Modify Existing Building to 24 Beds.) Can Expand beyond 24 Beds (on 5 Acres Commercial Property) and Could be Perfect to Include Lucrative Memory Care Units. Seller Will Also Consider an Attractive Lease with Two Acres. In Addition, Seller Has a Fully Operating Recently Renovated, Profitable 6 Beds ALF Available(nearby) on 1 Commercial Acre for Only an Additional $325,000. A Great Opportunity to Include Lucrative Memory Care Units. Sold Separately or Package Deal. Seller is Religious and Under Charges Some of the Residents as a Way of Giving Back to the Community. If New Residents Were Charged the Going Rate, it Would Increase the Bottom Line Significantly! The Seller and Her Team Would be Willing to Stay up to a Year to Help With the Transition. The Sellers are Committed to Helping New Buyers Succeed and Will be Available to Help Throughout the Transition. The ALF's are located in Hillsborough County. According to the 2010 census, population was 1,229,226, making it the fourth most populous county in Florida. Please call or email If you are interested in further information about this golden opportunity. dimensions approximate, buyers to verify. Information deemed reliable but not guaranteed.
Sold for $850,000 on 07/05/23
$850,000
10637 Lithia Pinecrest Rd, Lithia, FL 33547
10beds
4,468sqft
SingleFamily
Built in 1974
4,469 Square Feet Lot
$769,700 Zestimate®
$190/sqft
$4,028 Estimated rent
Home value
$769,700
$670,000 - $877,000
$4,028/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Other
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Ceiling Fans(s), Window Treatments, Furnished, Attic
- Flooring: Laminate
- Windows: Window Treatments, Blinds
- Has fireplace: Yes
Interior area
- Structure area source: Public Records
- Total interior livable area: 4,468 sqft
Property
Accessibility
- Accessibility features: Handicap Modified, Customized Wheelchair Accessible
Features
- Patio & porch: Covered, Deck, Patio, Porch
- Exterior features: Stucco
Lot
- Size: 4,469 sqft
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: 223022ZZZ000005219600U
- Zoning: AR
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Sprinkler System
Location
- Region: Lithia
Other
Other facts
- Appliances: Dishwasher, Dryer, Refrigerator, Washer, Microwave, Oven, Range, Range Hood, Exhaust Fan, Freezer, Microwave Hood
- Building Area Source: Public Records
- Construction Materials: Block
- Cooling: Central Air
- Country: US
- Floor Number: 1
- Foundation Details: Slab
- Interior Features: Ceiling Fans(s), Window Treatments, Furnished, Attic
- List Agent AOR: Sarasota - Manatee
- List AOR: Sarasota - Manatee
- Listing Agreement: Exclusive Right To Sell
- Vegetation: Mature Landscaping, Trees/Landscaped
- Listing Terms: Cash, Conventional
- County Or Parish: Hillsborough
- Exterior Features: Fenced, Outdoor Grill
- Patio And Porch Features: Covered, Deck, Patio, Porch
- Roof: Shingle
- Furnished: Furnished
- Heating: Central
- Property Type: Residential
- Mls Status: Active
- Parking Features: Guest, Open, Boat
- Security Features: Smoke Detector(s), Fire Sprinkler System
- Showing Requirements: Call Listing Agent, Appointment Only, Call Before Showing
- Window Features: Window Treatments, Blinds
- Additional Rooms: Attic
- Utilities: Cable Connected
- Flooring: Laminate
- Accessibility Features: Handicap Modified, Customized Wheelchair Accessible
- Minimum Lease: No Minimum
- Other Structures: Shed(s)
- Total Acreage: 5 to less than 10
- MLS Area Major: 33547 - Lithia
- Additional Parcels YN: 0
- Association Approval Required YN: 0
- Available For Lease YN: 1
- Pool Private YN: 0
- Tax Year: 2017
- Water Access YN: 0
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water View YN: 0
- Fireplace YN: 1
- Flood Zone Code: AE
- Year Built: 1974
- Zoning Compatible YN: 1
- Public Survey Range: 20
- Zoning: AR
- Public Survey Section: 13
- Room Count: 14
- Living Area: 4468.00
- New Construction YN: 0
- Tax Annual Amount: 6825
- Garage YN: 0
- DPRYN: 0
- Listing terms: Cash, Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/5/2023 | Sold | $850,000$190/sqft |
Source: Public Record | ||
| 7/9/2019 | Sold | $850,000-25.8%$190/sqft |
Source: Stellar MLS #A4215674 | ||
| 6/1/2018 | Listing removed | $1,145,000$256/sqft |
Source: GLOBAL NETWORK REALTY & ASSOC. #A4215524 | ||
| 4/5/2018 | Listed for sale | $1,145,000+922.3%$256/sqft |
Source: GLOBAL NETWORK REALTY & ASSOC. #A4215524 | ||
| 11/13/1995 | Sold | $112,000$25/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,072 +7.3% | $597,800 +8.2% |
| 2023 | $10,316 +8.6% | $552,428 +8.3% |
| 2022 | $9,499 -1.7% | $510,100 +0.1% |
Find assessor info on the county website
Neighborhood: 33547
Nearby schools
GreatSchools rating
- 4/10Pinecrest Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 2/10Turkey Creek Middle SchoolGrades: 6-8Distance: 8 mi
- 4/10Durant High SchoolGrades: 9-12Distance: 5.4 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$769,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$769,700