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

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