7100 Nw 1st Ter, Miami, FL 33126

$899,999

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List Price
$899,999
MLS#
A12020618
Status
ACTIVE WITH CONTRACT
Type
Commercial

Property Description

Duplex being leased as an ALF located near 72nd Avenue and Flagler Street in the heart of Miami. This income-producing property is currently operating as a successful ALF and is leased for the next two years, providing immediate cash flow and excellent long-term investment potential. Situated on a 10,000+ SF corner lot with canal frontage, the property offers over 3,500 SF of living space featuring 8 bedrooms and 4 bathrooms. The facility includes a large commercial-style kitchen, spacious living room, and a dedicated recreation area for residents. The property is zoned duplex with a Retirement Home / Health Care land use designation, making it ideal for continued assisted living or healthcare operations. The home is fully equipped with ADA-compliant bathrooms and room layouts, along with fire safety systems and licenses currently up to code. One of the property’s most desirable features is its privacy, with no neighbors on three sides, creating a peaceful setting for residents and operators alike. washer/dryers are leased Property Highlights: • Assisted Living Facility and zoning allows for nursing home use • 8 Bedrooms / 4 Bathrooms • Over 10,000 SF Lot • Over 3,500 SF Living Area • Duplex Zoning with Retirement Home / Health Care Land Use • ADA-Compliant Layouts and Bathrooms • Fire Safety Systems and Licenses Up to Code • Large Kitchen, Living & Recreation Areas • Canal Front Corner Lot • Strong Existing Lease Income for 2 Years not disturb residents or staff.

Additional Information

Days on Market
5
Tax Amount
$13,243
Water Access
Other Sale Includes
Parcel Number
30-40-02-006-0080
Address
7100 Nw 1st Ter, Miami
Year Built
1964
Section
2

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Calculator source: Real Geeks

Listing Courtesy of Douglas Elliman, Contact: