An associate firm is pleased to introduce an exclusive sale of a Miami Beach Senior Housing Opportunity (herein referred to as “the property”), a 12-bed facility licensed for an Assisted Living Facility operating with limited mental health residents, located in Miami Beach, FL. The property is located in the Normandy Isles neighborhood of Miami Beach and is notably near the luxurious La Gorce neighborhood and the North Beach submarket within Miami Beach. The property is currently undergoing approval to be a 31-bed Assisted Living Facility and is scheduled to receive a Certificate of Occupancy to be operated as such. The 12 existing beds are a mix of private and semi-private living, while the 19 beds coming online upon obtaining the Certificate of Occupancy will be all private stay rooms, with doors that close. The 19-bed facility has been completely gut-renovated, featuring upgraded flooring and all new impact windows and doors. Also the property has a natural gas connection on site and has a brand new Generator than can run indefinitely due to the fact that it is hooked up to a Natural Gas utility line. Unlike other Assisted Living Facilities that must maintain gas reserves for generators to run for a number of weeks, the property is uniquely positioned to serve the needs of the discerning clients and their families that want to make sure they are receiving the best level of care and safety possible. Furthermore, a new operator can convert the property to a boutique Assisted Living Facility and elect to take in Senior Residents between the ages of 75 and 90 to increase overall returns. The seller would also entertain seller financing with terms consisting of approximately a 25% down payment and rate of +/- 5% interest depending on the strength of the borrower. The property has two buildings constructed of concrete block in 1948 and 1953 and has a total of 6,621 square feet of living area. The property is situated on a 15,000 Square Foot Corner Lot.