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 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Charisse Marin participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

©2024 Stellar MLS. All rights reserved. 

Data last updated 11/22/2024, 6:50 AM UTC

Powered byLuxury Presence