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$ 899,999
Est. payment /mo
Active Under Contract
7100 NW 1st Ter Miami, FL 33126
3,585 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,585 sqft
Price per Sqft $251
MLS Listing ID A12020618
HOA Y/N No
Year Built 1964
Annual Tax Amount $13,243
Tax Year 2025
Contingent Pending Inspections
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.
Location
State FL
County Miami-dade
Area 40
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Exterior
Exterior Feature Storm/Security Shutters
Roof Type Shingle
Total Parking Spaces 10
Private Pool Yes
Building
Sewer Septic Tank
Water Public
Structure Type Block
Others
Tax ID 30-40-02-006-0080
Ownership Corporation
Security Features Other,Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12020618
Listed by Douglas Elliman
NEARBY SCHOOLS & PROPERTIES
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