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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 32 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.
| DAYS ON MARKET | 9 | LAST UPDATED | 10/14/2026 |
|---|---|---|---|
| TRACT | PUNTA GORDA ISLES SEC 23 | YEAR BUILT | 1995 |
| COMMUNITY | 33983 - Punta Gorda | COUNTY | Charlotte |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
| AREA | 33983 - Punta Gorda |
| CONSTRUCTION | Concrete |
| HEAT | Central |
| INTERIOR | Bathrooms, Common Lighting, Furnished, Janitorial Services, Kitchen Facility, Reception, Seating, Solid Surface Counter, Waiting Room |
| LOT | 2.85 acre(s) |
| LOT DESCRIPTION | Corner Lot, Landscaped, Paved, Wooded |
| LOT DIMENSIONS | 241 x 209 x 151 x 254 x 99 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | PUNTA GORDA ISLES SEC 23 |
| TAXES | 25163.01 |
| UTILITIES | Electricity Available, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Terry Yonker, BUCKEYE REALTY LLC, 407-476-7935
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/23/26 7:26 AM PDT.
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