David Ramirez
Business

Commercial Sale · Business

$5,000,0009,879 sq ft$506 /sq ft0.77 acres

815 24TH STREET, ORLANDO, FL, 32805

Active464 days on marketListed Apr 26, 2025MLS #O6303562

About this property

The property at a glance

PROFITABLE ASSISTED LIVING FACILITY & RETIREMENT HOME – READY FOR NEW OWNERSHIP! Start earning from Day One with this fully occupied, income-producing 54-bed (27-room) assisted living facility. This well-established business has a strong reputation for performance and consistent occupancy, making it a smart investment opportunity. The property includes: Building A: 3,842 sq ft Building B: 5,421 sq ft Office Space: 616 sq ft Total: 9,879 sq ft Originally constructed in 2015, the main building offers modern amenities and efficient design. The selling owner is committed to a smooth transition and will provide guidance and operational support during the handover process. This is a rare opportunity to acquire a turnkey facility with a solid track record and continued growth potential. This business makes sense — act now!

9,879

Building sq ft

$506

Price / sq ft

0.77

Lot acres

2015

Year built

3

Buildings

R-2

Zoning

Business

Property type

Building size9,879 sq ft
Lot size0.77 acres
Year built2015
Buildings3
ZoningR-2
ConstructionBlock
CoolingCentral Air
HeatingCentral
Annual taxes$13,784

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $1,250,000
Interest rate6.00%
Loan term

Estimated payment

$23,792/mo

Principal & interest$22,483
Property taxes (actual bill)$1,149
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

2,900vehicles / day · 2025Michigan St to E Colonial Dr · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Sands MotelLodging0.4 mi
Aramark Uniform ServiceRetail0.5 mi
CVS PharmacyBank0.6 mi
Budget MotelLodging0.6 mi
TargetRetail0.6 mi
Oasis LiquorsRetail0.6 mi
McCoy Federal Credit UnionBank0.8 mi
T-MobileRetail0.8 mi
Days Inn Orlando MidtownLodging0.8 mi
Dunkin'Restaurant0.8 mi
WingstopRestaurant0.9 mi
Orlando ProCare PharmacyBank0.9 mi
Asurion Phone & Tech RepairRetail0.9 mi
7-ElevenGrocery0.9 mi
CVS PharmacyBank0.9 mi
Dada Indian RestaurantRestaurant0.9 mi
Jimmy John'sRestaurant0.9 mi
Arby'sRestaurant0.9 mi
Five GuysRestaurant0.9 mi
Wendy'sRestaurant0.9 mi
Numero Uno Cuban RestaurantRestaurant0.9 mi
Taco BellRestaurant0.9 mi
ChipotleRestaurant0.9 mi
McDonald'sRestaurant0.9 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

18,085

Population

$39,425

Median income

46.8

Median age

2.44

Avg household

$226,100

Median home value

$1,112/mo

Median rent

1,335

Households w/ kids

Recent sales

What actually sold near 815 24TH STREET

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

2345 E MICHIGAN STREET UNIT 103

$34,620

2345 E MICHIGAN STREET UNIT 103

7,865 sqft · $4/sqft · Sold Jan 21, 2025

5626 S ORANGE AVENUE

$900,000

5626 S ORANGE AVENUE

3,015 sqft · $299/sqft · Sold Dec 23, 2024

2800 S RIO GRANDE AVENUE

$450,000

2800 S RIO GRANDE AVENUE

2,950 sqft · $153/sqft · Sold Sep 25, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 815 24TH STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 815 24TH STREET.

See it in person

Schedule a tour

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Listing courtesy of HENTHORN REAL ESTATE · John Henthorn. MLS #O6303562.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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