Active
1786 - 1788 NW 47TH TER
MIAMI FL, 33142
$985,000
$475.85 per sqft
Active
2,070 sqft
Multi-family
Built in 2006
INVESTMENT / OPPORTUNITY ZONE PROPERTY IN MIAMI near the Brownsville area, University of Miami Hospital, the Liberty City neighborhood and Allapattah areas. The 2 buildings, 2 well-appointed, upgraded duplexes boasts a total of 6 bedrooms sprawled over 2071 sft (actually 2233 adjusted sqft due to the installed patio on the side and rear of the building). It has a new roof (2018) cost $18500, new paint (2024), new upgraded fire sprinkler systems (worth $75000), new blinds (2024), upgraded kitchens, laundry room and new patio (permit $14500). Currently running as a good income-generating Assisted Living Facility producing $200,000 per year, the property has been fitted a new generator (2024) worth $43,000. The metal security gate offers ample security to residents; it has renovated bathrooms and kitchen with stainless steel appliances, and ample parking for a property centrally located with access to major highways and nearby schools. As an ALF facility, residents find a new lease on life where every more vulnerable senior can live comfortably under the loving watch of a dedicated caregiver. The current income is from the Assisted Living Facility business with residents. What makes this unique and rare is the Opportunity Zone. ALF is zoned for 14 residents, 1 room is currently available to receive 2 more residents.
S5105740
MLSⓇ ID
May 28, 2024
Listed
November 22, 2024
Updated
Map
1786 - 1788 NW 47TH TER
MIAMI FL, 33142
Interior Features
Total Stories
1
Interior Features
Built-in Features, Eat-in Kitchen, Living Room/Dining Room Combo, Window Treatments
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry Description
Laundry Room
Floor Description
Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.11 Acres
Exterior Features
Lighting, Sidewalk
Roof
Shingle
Sewer
Private Sewer
Other Property Details
Area Name
33142 - Miami
Taxes
$7,174
Tax Frequency
Annually
Days on Market
60
Association Fee Frequency
Monthly
Garage
No
View
No
County
Miami-Dade
Municipality
53
Water Source
Private
Pool
No
Zoning
5700
Listing History
Date | Event | Price |
---|---|---|
6/27/2024 | Active | — |
6/15/2024 | Pending | — |
Listed by KELLER WILLIAMS LEGACY REALTY
Listing Contact: 407-855-2222
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Data last updated 11/22/2024, 6:50 AM UTC