This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note

Edgewater Manor Assisted Living Facility

Listing was updated on: 01/20/2020
Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility Edgewater Manor Assisted Living Facility

Property Overview

Price/Rent PSF Inquire
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 8,676
Date Available 01/20/2020
Additional URL Link
Floors 2
Additional parameters Show
Search Demographic Data Explore financing options
Click to add the listing to favorites
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Copy iframe
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Make a Note
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Add to Listing Report
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Export PDF
You need to be logged in to do this. Click the link above to log in or register for free so you can do this

Description

Location
Located on Edgewater Drive in Clearwater, Florida, the Subject Property offers beautiful views of Clearwater Bay and is ideally located north of Downtown Clearwater between two major hospitals in Clearwater and Dunedin. The Toronto Blue Jays Stadium, Edgewater Park, Clearwater Shuffleboard Club, Hale Senior Activity Center, Clearwater Lawn Bowling Club and Downtown Clearwater are all within close proximity offering residents plenty of activities and entertainment. Convenient access to US-19 and SR-60 makes for easy travel throughout the Tampa/St. Pete MSA.

Clearwater has experienced a population growth greater than 6% since the year 2000 and is expected to experience even further explosive growth with current trends showing 1,000 people moving to Florida every day. Median household incomes are up over 15% while property values have increased nearly 115% since 2000. Clearwater is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.

Sale
Edgewater Manor Assisted Living Facility is a 29-bed operation located on Clearwater Bay in Clearwater, Florida. This facility offers studio apartments including many with private baths as well as companion suites. The home is outfitted with wireless central monitoring and a nursing call paging system for residents. A waterfront dining room, planned social activities, assistance with transportation and laundry services are all amenities that have attracted individuals from across the Tampa/St. Pete MSA to Edgewater Manor.

The Subject Property has a zoning designation of Medium Density Residential(MDR) with an underlying zoning and future land use(FLU) of Residential Urban(RU). The maximum dwelling units allowed is 7.5 units per acre but the Subject Property is grandfathered in at 24 units.

Improvements:

Summer 2018
New exterior paint
Installed two (2) new 5-ton AC compressors
Replaced kitchen grill
Installed two (2) commercial grade refrigerators

Summer 2017
Completed cottage renovation
Installed chairlift to 2nd floor
Replaced entire fire suppression system and sprinklers
Installed one (1) new 5-ton AC compressors
Completed renovation of upstairs ocean-view rooms(units 21, 22, 23 & 24)
Completed renovations of downstairs rooms(units 18, 19 & 20)
Replaced flat roof

Location

Are you sure you want to delete your listing

We recommend you archive listings rather than delete them, for future reference.

Can we add this to our comparable database?

Are you sure you want to archive your listing

Can we add this to our comparable database?

Please type your email and we'll send you the mail with all pdfs attached. You can also download each pdf from the list below.