The Harmony Landing Assisted Living Facility will rest on 3.85 acres of land on Florida’s Indian River Inter-coastal Waterway, and will be professionally managed by accredited, experienced assisted living experts. The Facility will include a 28 bed Memory Care Facility, Medical Office Suites, an additional 117 bed Assisted Living Facility and a Restaurant Marina. The development is going to ground in the last quarter 2019.
Palm Bay is one of Central Florida’s best kept secrets, a hidden gem rich with natural resources. You will see it as you drive along the scenic highway running along the Indian River Lagoon on Florida’s Atlantic coast. The 4-mile stretch of Palm Bay is the gateway to the city and provides residents with elegant dining, scenic waterfront views and unique shopping experiences.
The profound growth dynamics of the US senior population and the success of the US seniors housing industry create a powerful opportunity and position this sector of the real estate market for consistent profits in structured development opportunities. Demand for Senior Housing continues to exceed supply.
The rate at which American Seniors are retiring is truly staggering. The number of Americans 65 and older will increase significantly due to the emergence of Baby Boomers into the age of retirement. Such a vast increase only creates a greater demand for Senior Living Facilities.
Florida is the #1 state for Retirement with 84,663 retirees moving to Florida in 2018 – in 2nd place was Arizona with 28,614.