826 Hunan St NE Palm Bay, FL 32907
Northeast Palm Bay NeighborhoodEstimated payment $7,894/month
Highlights
- In Ground Spa
- No HOA
- Tile Flooring
- Canal View
- Security System Owned
- Central Heating and Cooling System
About This Home
Gentle Hand ALF is a fully licensed, turnkey assisted living facility that is currently operational and generating steady income. This 4 bedroom home is approved for six residents beds and has undergone several hundred thousand dollars in recent renovations, including a full fire alarm and suppression system, backup generator, and all infrastructure required for regulatory compliance. Each of the six beds brings in approximately $5,000 per month, offering the potential for $30,000/month in gross income. The facility provides a safe, comfortable environment for residents and an efficient layout for staff, making it ideal for continued operation or expansion. With licensing already in place and income-producing beds in use, Gentle Hand ALF offers a rare opportunity to acquire a fully functional, profitable senior care business in a high-demand market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,332
Year Built
- Built in 1993
Lot Details
- 0.34 Acre Lot
- Cleared Lot
Parking
- 3 Car Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Asphalt
Interior Spaces
- 3,296 Sq Ft Home
- 1-Story Property
- Canal Views
Kitchen
- Electric Range
- <<microwave>>
- Dishwasher
Flooring
- Laminate
- Tile
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Security Lights
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- In Ground Spa
Schools
- Lockmar Elementary School
- Central Middle School
- Palm Bay High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Cable TV Available
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 28-37-29-Kp-02425.0-0011.00
Community Details
Overview
- No Home Owners Association
- Port Malabar Unit 45 Subdivision
- The community has rules related to allowing corporate owners
Additional Features
- Gross Income $378,000
- Building Fire Alarm
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $8,332 | $446,780 | $63,000 | $383,780 |
| 2022 | $7,640 | $404,630 | $0 | $0 |
| 2021 | $5,432 | $268,770 | $43,000 | $225,770 |
| 2020 | $5,034 | $253,110 | $40,500 | $212,610 |
| 2019 | $5,836 | $283,760 | $40,500 | $243,260 |
| 2018 | $5,348 | $263,470 | $33,000 | $230,470 |
| 2017 | $5,109 | $249,450 | $27,000 | $222,450 |
| 2016 | $4,574 | $228,950 | $23,500 | $205,450 |
| 2015 | $4,210 | $179,830 | $20,000 | $159,830 |
| 2014 | $3,840 | $163,490 | $20,000 | $143,490 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $1,300,000 | -- | $394 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Landing Title Agency Inc | |
| Trustee Deed | $215,000 | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | New Conventional | |
| Previous Owner | $700,000 | Balloon | |
| Previous Owner | $400,000 | Construction | |
| Previous Owner | $407,600 | Balloon | |
| Previous Owner | $296,250 | Negative Amortization | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $219,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $106,976 | New Conventional |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1047516
APN: 28-37-29-KP-02425.0-0011.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 741 Alaska Ave NE
- 740 Hunan St NE
- 722 Hyannie St NE
- 721 Hyannie St NE
- 502 Empire Ave NE
- 901 Emerson Dr NE
- 705 Antilles Rd NE
- 781 Dinner St NE
- 687 Americana Blvd NW
- 867 Huntington St NE
- 833 Nevada Dr NE
- 755 Haftez St NE
- 618 Americana Blvd NE
- 750 Riviera Dr NE
- 1021 Laurel Ct NE
- 686 Sunrise Ct NE
- 326 Holiday Park Blvd NE
- 674 Sunrise Ct NE
- 619 Dinner St NE
- 1091 Laurel Ct NE
- 742 Americana Blvd NE
- 682 Americana Blvd NE
- 662 Castaways St NE
- 699 Sunrise Ct NE
- 398 Arapahoe Ln NE
- 1136 Lynridge Ln NE
- 1018 Malabar Lakes Dr NE
- 467 Binney St NE
- 1148 Newbern St NE
- 984 Tavernier Cir NE
- 700 Fairhaven St NE
- 1893 Killian Dr NE
- 430 Almansa St NE
- 1177 Eleuthera Dr NE
- 127 Buswell Ave NE
- 971 Fairhaven St NE
- 793 Yukon St NE
- 174 Billiar Ave NE
- 174 Billiar Ave NE
- 1409 Meadowbrook Rd NE