SPRING HILL, FL
Stellar MLS

$1,799,000

Spring Hill, FL 34608

Listing updated: May 7, 2026 at 6:28 PM ET

Active
0
Baths
3,327
Sq Ft
0.46
Acres
2021
Built
$522/sqft
Mixed Use

Property type

2021

Year built

20,000 sqft

Lot size

$522

Price / sq ft

No HOA

HOA dues

1

Day on market

X

Flood zone

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.

Estimated monthly payment

Principal & interest$9,097
Property taxes$703
Home insurance (est.)$825

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1 days on market

  1. Status: Active
    May 7, 2026
  2. Listed$1,799,000
    May 6, 2026
  3. Price increased$1,799,000

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
1
Subdivision
Spring Hill
County
Hernando
Year built
2021
Living area
3,327 sq ft
Price/sq ft
$522
Building area
3,446 sq ft (Public Records)
Lot size
20,000 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12053C0169D)
Annual taxes
$8,434 (2025)
Parcel #
R32-323-17-5200-1363-0130
MLS #
TB8505564

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Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
HOA name
N/A
Listing terms
Cash, Commercial Financing, Owner Financing
Ownership
Fee Simple

Exterior & Construction

Construction materials
Block
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Listing Details

Listing date
2026-05-04
On market date
2026-05-06
Original list price
$1,799,000
MLS area
34608 - Spring Hill/Brooksville
Listing AOR
Suncoast Tampa
Status changed
2026-05-07
Tax legal description
SPRING HILL UNIT 20 BLK 1363 LOTS 12 & 13

Flood risk

Minimal riskFEMA Zone XPanel 12053C0169D

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 7, 2026 at 6:28 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA