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SPRING HILL, FL
Stellar MLS

$1.80M

Spring Hill, FL 34608

Listing updated: July 15, 2026 at 4:14 PM ET

Active
Stellar MLSListing courtesy of Coldwell Banker Realty · Mitchell Eckley · MLS #TB8505564 · Active · 813-286-6563
3,446
Building SF
0.46
Acres
2021
Built
$522.05
Per SF
Mixed Use$522.05/SF
Mixed Use

Property type

2021

Year built

3,446 SF

Building size

20,000 sqft

Lot size

$522.05

Price / SF

48

Days on market

About this property

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.

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
48
Subdivision
Spring Hill
County
Hernando
Year built
2021
Building area
3,446 sq ft
Price/sq ft
$522.05
Lot size
20,000 sq ft
Buildings
1
Stories
1
Road frontage
City Street
Annual taxes
$8K (2025)
Parcel #
R32-323-17-5200-1363-0130
MLS #
TB8505564

Listing details

Listing date
2026-05-04
On market date
2026-05-06
MLS area
34608 - Spring Hill/Brooksville
Status changed
2026-07-15
Tax legal description
SPRING HILL UNIT 20 BLK 1363 LOTS 12 & 13
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 July 15, 2026 at 4:14 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, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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SPRING HILL — $1.80M | MaxLife Commercial