To schedule a showing of , Spring Hill, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,799,000 No Recent Price Change

Spring Hill, FL 34608
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • 3,327SqFt
  • 2021Year Built
  • 0.46Acres
  • MLS# TB8505564
  • Commercial
  • MixedUse
  • Active

  • Approx Time on Market28 days
  • Area34608 - Spring Hill/brooksville
  • CountyHernando
  • Subdivision Spring Hill

Overview

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 providerskey drivers for sustained demand and referral flow. The facility is currently operating at approximately 60% occupancy, well below the markets 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.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Building Info

Roof:  Shingle

Building Area Source:  PublicRecords

Business Info

Buyer Compensation

Exterior Features

Financial

Original Price:  $1,799,000

Garage / Parking

Green / Env Info

Interior Features

Lot Info

Direction Remarks:  From the Suncoast Parkway, take County Line Rd west. Turn right onto Linden Dr, then right onto Partridge St. Property will be on your right.

Lot Size Units:  Acres

Lot Size Acres:  0.46

Lot Sqft:  20,000

Road Frontage Type:  CityStreet

Est Lotsize:  80x125

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  33

Class Type:  MixedUse

Property Sub Type:  MixedUse

Property Condition:  NewConstruction

Construction Materials:  Block

Total Stories:  1

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  3,327

Bulding Area Sqft:  3,446

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  12

Tax Legal Description:  SPRING HILL UNIT 20 BLK 1363 LOTS 12 & 13

Tax Block:  1363

Tax Annual Amount:  8433.76

Tax Book Number:  9-65

Unit Info

Utilities / Hvac

Cool System:  CentralAir

Cooling:  Yes

Waterfront / Water

Directions

From the Suncoast Parkway, take County Line Rd west. Turn right onto Linden Dr, then right onto Partridge St. Property will be on your right.

This listing courtesy of Coldwell Banker Realty 

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On davidshippey.com since Wed, May 6th 2026
No Property History recorded for this listing.

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If you have any questions on , Spring Hill, Florida, please call David Shippey at 863-521-4517.


MLS# TB8505564 located at , Spring Hill, Florida is brought to you by David Shippey REALTOR®

, Spring Hill, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for , Spring Hill, Florida is TB8505564.
The price for , Spring Hill, Florida is $1,799,000.
The status of , Spring Hill, Florida is Active.
The subdivision of , Spring Hill, Florida is Spring Hill.
The home located at , Spring Hill, Florida was built in 2026.