427 Oriole Lane, Indialantic, FL 32903
$725,000
Property Type:
Commercial Sale
Square Footage:
2,418
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$725,000
List Date:
8/22/2023
Last Modified:
8/05/2026
Overview
Description
UNIQUE OPPORTUNITY to assume a long time functioning assisted living facility in the prestigious 24 hour manned gated community of The Sanctuary in the beachside town of Indialantic, FL. New owner will have EXCLUSIVE RIGHTS to continue to operate as an assisted living facility in the Sanctuary, as per legal agreement. Great staff is already in place, and owner is willing to assist with transition process. Home has been modified to meet all requirements to operate as ALF, such as whole house fire sprinkler system, whole house back up generator, walk in tub, grab bars, etc. Roof 2020, AC 2022. Owner is finishing probate process, and would like to retire. Now's your chance to assume the solid reputation of this long time business with real estate included!
Listing Details MLS# 973156
General Property Information
- Number Of Units Total
- Yes
- Building Area Total
- 2418
- Year Built
- 1989
- Lot Size Acres
- 0.28
- Property Use
- R-SINGLE FAMILY RESIDENCE (0110)
- Use Code
- 01 / SINGLE FAMILY RESIDENTIAL
- Association YN
- No
- Water Body Access YN
- No
- List Price/SqFt
- 310.13
- Sold Price/SqFt
- 299.83
Property Features
Business Type:
Health Services
Construction Materials:
Block
Cooling:
Central Air
Flooring:
Tile; Vinyl
Heating:
Central
Listing Terms:
Cash; Conventional; Lease Option
Possession:
Close Of Escrow; Negotiable
Roof:
Composition
Sale Includes:
Business with Real Estate
Security Features:
Fire Sprinkler System; Smoke Detector(s)
Showing Requirements:
Appointment Only; Showing Service
Contract Information
- Original List Price
- 749900
- Listing Contract Date
- 2023-08-22
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 427
- Street Name
- Oriole
- Street Suffix
- Lane
- County
- Brevard
- State
- FL
- Postal Code
- 32903
- MLS Area Major
- 383 - N Indialantic
- Subdivision Name
- Sanctuary Phase 2 The
Remarks and Miscellaneous
- Public Remarks
- UNIQUE OPPORTUNITY to assume a long time functioning assisted living facility in the prestigious 24 hour manned gated community of The Sanctuary in the beachside town of Indialantic, FL. New owner will have EXCLUSIVE RIGHTS to continue to operate as an assisted living facility in the Sanctuary, as per legal agreement. Great staff is already in place, and owner is willing to assist with transition process. Home has been modified to meet all requirements to operate as ALF, such as whole house fire sprinkler system, whole house back up generator, walk in tub, grab bars, etc. Roof 2020, AC 2022. Owner is finishing probate process, and would like to retire. Now's your chance to assume the solid reputation of this long time business with real estate included!
Status Change Information
- Major Change Timestamp
- 2023-11-14T00:15:10Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2023-11-13
- Purchase Contract Date
- 2023-08-26
- Close Date
- 2023-11-09
- Close Price
- 725000
More Information
Building Features
- Clear Ceiling Height
- 2990
Historical Information
- Public Historical Remarks 3
- Legal/Misc-Home Warranty: No
Location, Tax, and Legal
- Tax Account
- 2726129
- Parcel Number
- 27-37-24-26-00008.0-0004.00
- General County Location
- South
- Tax Annual Amount
- 10370.4
- Tax Year
- 2022
- Tax Legal Description
- SANCTUARY PHASE 2, THE LOT 4 BLK 8
- Directions
- Enter the Sanctuary and make a right onto Peregrine. Follow around till you see Oriole and make a Left, House is on the Right.
Construction Materials
- Block
- Yes
Cooling
- Central Air
- Yes
Flooring
- Tile
- Yes
- Vinyl
- Yes
Heating
- Central
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Roof
- Composition
- Yes
Security Features
- Fire Sprinkler System
- Yes
- Smoke Detector(s)
- Yes
Showing Requirements
- Appointment Only
- Yes
- Showing Service
- Yes
Business Type
- Health Services
- Yes
Sale Includes
- Business with Real Estate
- Yes
Listing Office:
Florida Homes Rlty. & Mtg. LLC
Last Updated: August - 05 - 2026
Information is deemed to be reliable, but is not guaranteed.