$2,950,000
About this home
Rare opportunity to own an operating assisted living facility on a massive, nearly 3-acre (approx. 2.84 acres) contiguous parcel in Punta Gorda, FL, a scale of land that almost never comes to market in this area. Located at 26563 Sandhill Blvd, Alder Terrace Adult Care Center is offered together with three adjacent vacant lots at $2,950,000. The facility is award-winning, ranked #1 by BusinessRate in June 2026, and runs at 95% occupancy, with a room or two kept open for short-term use. It has produced approximately $836,000 in gross income so far in 2026, and P&L financials for 2024, 2025 and 2026 year to date are available to qualified buyers. This is an excellent candidate for E-2 visa investors. An established, profitable operating business with substantial real estate is the kind of investment E-2 applicants look for, and the extra acreage gives an investor room to grow the business they will develop and direct. Foreign buyers should confirm eligibility with an immigration attorney. The 10,296 sq ft main building has 20 bedrooms and 8 bathrooms and is already operating as adult care. RMF15 zoning (15 units/acre) supports the current use, and the additional lots are available for expansion or future development. Solar panels provide electricity, which helps keep operating costs down. Other features include a 625 sq ft standalone pavilion, screened porch areas, extensive concrete and asphalt paving, and commercial irrigation. Capital improvements include a 2019 metal roof, a commercial backup generator with switches, LP gas piping, and an upgraded fire monitoring system. The facility is fully connected to Charlotte County municipal water and sewer. Over 29,000 residents live within a 3-mile radius. Turnkey and income-producing on an oversized parcel, this is a strong fit for E-2 visa investors, senior care operators, and commercial real estate investors.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRO6446780
- Property type
- Business
- Subdivision
- PUNTA GORDA ISLES SEC 23
- Status
- Active
- Days on market
- N/A
- On market date
- October 14, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 2.85 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 820
- Student:teacher ratio
- 16.4:1
- District
- CHARLOTTE
- Enrollment
- 849
- Student:teacher ratio
- 18.9:1
- District
- CHARLOTTE
- Enrollment
- 373
- Student:teacher ratio
- 33.9:1
- District
- CHARLOTTE
Walkability
Blended score for PUNTA GORDA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in PUNTA GORDA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 19 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.