Active
1786 - 1788 NW 47TH TER
MIAMI FL, 33142
$985,000
$475.85 per sqft
Active
2,070 sqft
Commercial
Built in 2006
INVESTMENT / OPPORTUNITY ZONE PROPERTY FOR SALE 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), new paint (2024), new upgraded fire sprinkler systems ($75000), new blinds (2024), upgraded kitchens, laundry room and new patio (permit $14,500). 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 ALF makes $200,000 per year, and business sale will be handled separately by the Seller's Attorney - should buyer wish to keep the ALF in place. Traffic Count almost 114k CPD in its well travelled roadway. ALF is zoned for 14 residents, 1 room is currently available to receive 2 more residents for an approx. additional $6000 income.
S5105717
MLSⓇ ID
May 28, 2024
Listed
November 22, 2024
Updated
Map
1786 - 1788 NW 47TH TER
MIAMI FL, 33142
Interior Features
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Floor Description
Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
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